Latest news with #CCIC
Yahoo
12-06-2025
- Business
- Yahoo
AACC, NSF Announce Winning Teams of 2025 Community College Innovation Challenge
Bergen Community College; Perimeter College at Georgia State University; and Dallas College took home winning titles following presentations of their STEM innovations to address real-world challenges WASHINGTON, June 12, 2025 /PRNewswire/ -- Today, the American Association of Community Colleges (AACC), in partnership with the U.S. National Science Foundation (NSF), announced the three winning teams of this year's Community College Innovation Challenge (CCIC). The annual competition seeks to strengthen entrepreneurial thinking among community college students by challenging them to develop STEM-based solutions to real-world problems. It also enables students to discover and demonstrate their capacity to use STEM to make a difference in the world and to translate that knowledge into action. The first, second and third-place winning teams and their innovations are listed below. First Place: Bergen Community College, NJProject: Pop-Up Hydroponic Farms Second Place: Perimeter College at Georgia State University, GAProject: RoyaNest – Life-Saving Care Device for Asphyxia Neonatorum Third Place: Dallas College, TXProject: Alerts VIA Detection and Ranging (AVIADAR) This week, 12 community colleges selected as finalists in a national competition attended an Innovation Boot Camp where they learned from entrepreneurs and experts in business planning, stakeholder engagement, strategic communication, and marketplace dynamics. The Boot Camp culminated in a Student Innovation Poster Session with STEM leaders and congressional stakeholders, and a 5-minute pitch presentation to a panel of industry and entrepreneurial professionals determining the winning teams. "I cannot stress enough how proud the NSF Directorate for STEM Education is to co-sponsor this competition," said James L. Moore III, assistant director for STEM Education. "The innovative ideas presented by these teams exemplify the knowledge and skills that are essential for addressing current and future real-world challenges. For over 75 years, the NSF has supported opportunities like the Community College Innovation Challenge, empowering talented students from community colleges and beyond. Congratulations to this year's winners and their dedicated mentors." Among the ideas the 12 finalist teams presented this year are innovative and transformative solutions that address food insecurity, burn care, aviation safety, nicotine addiction, energy efficiency, fire prevention and safety, neonatal health, and autonomous and assistive technologies. "This competition is a remarkable testament to the ingenuity and drive of our nation's community college students," said Walter G. Bumphus, president and CEO of AACC. "We are honored to partner with NSF to support these talented student teams as they apply their innovative thinking and problem-solving skills to address real-world challenges. The projects presented reflect not only excellence in STEM but also a strong commitment to societal and economic progress. Congratulations to the team from Bergen Community College and to all of this year's exceptional finalists." To receive updates about the CCIC's 2025 winners, follow @Comm_College or visit About AACCAs the voice of the nation's community colleges, the American Association of Community Colleges (AACC), delivers educational and economic opportunity for more than 10 million diverse students in search of the American Dream. Uniquely dedicated to access and success for all students, AACC's member colleges provide an on-ramp to degree attainment, skilled careers, and family-supporting wages. Located in Washington, D.C., AACC advocates for these not-for-profit, public-serving institutions to ensure they have the resources and support they need to deliver on the mission of increasing economic mobility for all. About NSFAbout NSF The U.S. National Science Foundation propels the nation forward by advancing fundamental research in all fields of science and engineering. NSF supports research and people by providing facilities, instruments and funding to support their ingenuity and sustain the U.S. as a global leader in research and innovation. With a fiscal year 2024 budget of $9.06 billion, NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and institutions. Each year, NSF receives more than 40,000 competitive proposals and makes about 11,000 new awards. Those awards include support for cooperative research with industry, Arctic and Antarctic research and operations, and U.S. participation in international scientific efforts. View original content to download multimedia: SOURCE American Association of Community Colleges Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
10-06-2025
- Business
- Globe and Mail
Westbridge Renewable Energy to Present at Canadian Climate Investor Conference
Toronto, Ontario--(Newsfile Corp. - June 10, 2025) - Westbridge Renewable Energy (TSXV: WEB) (OTCQX: WEGYF) announced today that it will be presenting at the 2025 Canadian Climate Investor Conference (CCIC), taking place on Wednesday June 11, 2025 at the Arcadian Court in Toronto, Ontario. Director and Board Chair Scott M. Kelly will provide a presentation and participate in the panel discussion "Next-Gen Renewables: Advancing Sustainable Power and Bioenergy Solutions." For a complete agenda of the conference and to register, see the conference website here: About the Canadian Climate Investor Conference The Canadian Climate Investor Conference (CCIC), hosted by Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), brings together growth-oriented clean technology and renewable energy companies, and climate conscious investors, to share ideas and discover ways to accelerate the deployment of capital needed to build a more sustainable future for Canadians. The conference showcases clean technology investments and is designed to help democratize the ability for investors to participate in growing the clean technology ecosystem. About Westbridge Renewable Energy Westbridge Renewable Energy Corp. originates, develops, and monetizes best-in-class, utility-scale solar PV projects. The Company has a portfolio of projects in three key jurisdictions, Canada, the U.S., and the UK. Westbridge plans to deliver attractive, long-term returns by originating, executing, and developing an international portfolio of renewable assets for investors and utilities. Management has a strong track-record with 40+ projects developed worldwide, obtaining, and executing permits on time and within budget. As one of the very few listed pure-play Canadian solar development companies, Westbridge provides its ESG minded investors with valuable access to greenfield solar projects. This means the Company can invest at the earliest stage of solar energy development benefiting from the full value chain, as well as the expected wider adoption of renewable energy going forward. Westbridge brings together regulators, corporate buyers, and landowners with the goal of delivering clean, sustainable electricity to end users. For more information, contact: Scott M. Kelly Executive Chair & Director Skelly@ +1 416 998-4714 Paul Adams Investor Relations Padams@ +44 (0) 7765 245 892 For more information, please visit: | Twitter | LinkedIn.
Yahoo
09-06-2025
- Business
- Yahoo
EverGen Infrastructure Corp. Announces Participation in the 2025 Canadian Climate Investor Conference
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - EverGen Infrastructure Corp. (TSXV: EVGN), a Canadian renewable energy company specializing in waste-to-energy projects, announced today that it will be presenting at the 2025 Canadian Climate Investor Conference (CCIC), taking place on Wednesday June 11, 2025 at the Arcadian Court in Toronto, Ontario. For a complete agenda of the conference and to register, see the conference website here: About EverGen Infrastructure Corp. EverGen Infrastructure Corp. ('EverGen') is a British Columbia based company focused on establishing a renewable natural gas infrastructure platform across Canada. Since incorporation in May 2020, EverGen has executed its strategy of acquiring, developing, owning, operating, and consolidating a portfolio of compost, renewable natural gas, waste-to-energy, and related sustainable infrastructure projects in Canada and other regions of North America. EverGen currently owns and operates two renewable natural gas ('RNG') production facilities, Fraser Valley Biogas, located in Abbotsford, British Columbia, and Grow the Energy Circle Ltd. ('GrowTEC'), located in Lethbridge, Alberta, and owns and operates two composting facilities, Pacific Coast Renewables, located in Abbotsford, British Columbia, and Sea to Sky Soils, located in Pemberton, British Columbia. About the Canadian Climate Investor Conference The Canadian Climate Investor Conference (CCIC), hosted by Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), brings together growth-oriented clean technology and renewable energy companies, and climate conscious investors, to share ideas and discover ways to accelerate the deployment of capital needed to build a more sustainable future for Canadians. The conference showcases clean technology investments and is designed to help democratize the ability for investors to participate in growing the clean technology ecosystem. For further information:Laura BurnsHead of Sustainability(604)-346-0531laura@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Online Citizen
09-06-2025
- Business
- Online Citizen
CCIC Singapore forced into liquidation and staff cuts after US sanctions freeze bank accounts
SINGAPORE: CCIC Singapore has announced its decision to cease operations and begin business liquidation, citing the unexpectedly severe impact of US sanctions imposed in May 2025. The move has resulted in the retrenchment of over 300 employees, with most staff based in Singapore. The firm, a wholly owned subsidiary of China Certification and Inspection Group (CCIC), issued a statement in Chinese acknowledging that it had been forced to shutter operations after its bank accounts were frozen. 'This led to a breakdown in cash flow, loss of clients and severe disruption to overall operations,' the company told state media CNA. 'The primary reason is that the impact of the sanctions has far exceeded expectations—banks have ceased providing services, and salaries and operational costs can no longer be paid,' it added. Company among 15 blacklisted by US over Iranian oil On 13 May 2025, the United States government blacklisted CCIC Singapore along with 14 other entities for allegedly helping obscure the origins of Iranian oil exports to China. The UUS sanctions stated that Sepehr Energy, a front company linked to the Iranian military, had 'consistently relied' on CCIC Singapore to inspect oil cargoes being delivered to China. According to the department, the company facilitated these transfers by providing inspection services and allegedly supplying falsified documents to disguise the origin of sanctioned Iranian oil. Employees notified of retrenchment with little notice Affected employees told CNA on condition of anonymity that they received their retrenchment notices on 30 May, with the termination effective the next day. Some workers reported that over 400 staff were employed across Singapore and Malaysia, with more than 300 based in Singapore alone. Retrenchment notices reportedly stated that benefits would be paid only after the liquidation process concluded, with an estimated completion date of 30 June 2026. Delayed salary payments and severance assurances CCIC Singapore confirmed it would pay salaries for May and partial severance payments within three days of its announcement. However, full retrenchment benefits would only be disbursed after the conclusion of the liquidation. Employees had earlier flagged delays in salary payments, attributing them to the company's frozen accounts and pending liquidation. The company described the decision to terminate Singapore operations as 'extremely difficult' but 'rational' under the circumstances. 'The decision was extremely challenging for the management team, but it is a rational choice that had to be made under the current circumstances,' CCIC Singapore said. US sanctions target broader network aiding Iran's oil trade Established in 1989, CCIC Singapore operated out of Singapore Science Park and counted global energy giants such as Shell, BP, Total, and Exxon Mobil among its clients, as well as leading Chinese petrochemical corporations. Its parent company, CCIC, is a Chinese state-owned enterprise founded in 1980 and supervised by the State-Owned Assets Supervision and Administration Commission of China's State Council. The US sanctions freeze all assets in the US financial system linked to the blacklisted companies and prohibit US firms from doing business with them. Entities at least 50 percent owned by sanctioned parties are also subject to these restrictions. The Treasury Department has accused CCIC Singapore of facilitating illicit trade that supports Iran's ballistic missile and drone programmes, as well as regional militant groups. In 2024, the firm allegedly oversaw the transfer of around 2 million barrels of Iranian oil and mislabelled shipments to disguise their true origin. When asked whether it would challenge the sanctions or respond to the US allegations, CCIC Singapore stated that it had always required its subsidiaries to comply with local and international laws. It said it would continue to manage related matters 'in accordance with the law' and maintain communication with 'all relevant parties'.
Independent Singapore
09-06-2025
- Business
- Independent Singapore
Singapore subsidiary of Chinese state-owned company lays off 300 staff amid US sanctions
Photo: Freepik/ijeab (for illustration purposes only) SINGAPORE: The local arm of China Certification & Inspection Group (CCIC), a Chinese state-owned enterprise, has laid off approximately 300 employees and is undergoing liquidation following its addition to the U.S. sanctions list last month. The Singapore-based subsidiary, which is part of a wider group headquartered in Beijing, was sanctioned on May 15 alongside 14 other companies. The U.S. Treasury Department accused CCIC of aiding in the concealment of Iranian oil origins during cargo inspections, enabling shipments to China despite sanctions on Iran. Three employees who spoke anonymously to CNA confirmed that layoff notices were distributed on May 30, with the dismissals taking effect the following day. Two sources estimated that the group employs over 400 workers across Singapore and Malaysia, with more than 300 stationed in Singapore alone. Staff expressed frustration as they spoke to CNA about the delayed payment of May salaries and criticized the severance packages, particularly since many relied heavily on overtime pay and allowances to supplement their basic income. Several employees also expressed concerns about management's lack of transparency and accountability, claiming that senior executives had declined requests for meetings to address staff concerns. See also S'pore only Asian economy to contract? CNA reports that the company does not have union representation in Singapore. Despite this, some affected employees have since sought assistance from the National Trades Union Congress (NTUC) and the Tripartite Dispute Mediation Alliance.
