JOIN THE TIMBUKTOO MINETECH ACCELERATOR PROGRAMME

The United Nations Development Programme (UNDP), in partnership with the Timbuktoo Africa Innovation Foundation and the National Institute for Scientific and Industrial Research (NISIR), is worked up to announce the launch of the Timbuktoo MineTech Accelerator Programme. This transformative initiative goals to drive innovation in mining expertise, empower start-ups, and scale groundbreaking options to challenges dealing with the African mining sector.

About the Timbuktoo MineTech Accelerator Programme
The Timbuktoo MineTech Hub, the primary of its type in Africa, is designed to reimagine the mining trade by supporting youth-led startups. The Accelerator Programme provides mentorship, funding, and entry to international networks, with the aim of fostering sustainable development and operational effectivity in mining.

Key Funding and Call for Applications
Start-ups throughout Africa are inspired to apply for this transformative programme, which supplies:

• $25,000 in equity-free funding for chosen start-ups within the second part
• Mentorship and steering to refine and scale mining-tech options
• Linkages to international networks and trade leaders

Applications are open from January 9, 2025, and shut on February 13, 2025. Start-ups creating revolutionary options within the mining sector are invited to apply.

Quotes from Key Stakeholders
James Wakiaga, UNDP Zambia Resident Representative:
“The Timbuktoo MineTech Accelerator Programme reflects our commitment to tackling critical challenges in Africa’s mining sector while empowering local talent. This initiative provides vital financial and mentorship support for start-ups shaping the future of sustainable mining.”

Dr. Henry Kambafwile, CEO of NISIR:
“This programme is a catalyst for reshaping Africa’s mining sector, with technology and innovation at its core. By empowering Africa’s brightest minds, we are positioning the continent as a leader in sustainable and ethical mining practices.”

Programme Objectives
The Timbuktoo MineTech Accelerator Programme focuses on:

• Promoting innovation in mining applied sciences
• Supporting and scaling start-ups in mining expertise
• Enhancing capability by way of workshops and mentorship
• Fostering collaboration amongst trade leaders, buyers, and regulators
• Driving financial development by way of technology-driven developments

Programme Phases and Activities

1. Recruitment & Bootcamp:
   • 4-week bootcamp (2 weeks in particular person, 2 weeks digital)
   • Focus on downside definition, prototype improvement, and enterprise modeling
2. Acceleration Phase:
   • Tailored assist for chosen start-ups, together with funding and strategic steering
3. Post-Grant Support:
   • Continued assist to assist start-ups scale their options and drive affect

Eligibility & Focus Areas
To apply, start-ups should meet the next standards:

• Founders should be nationals of an African Union member state and domiciled in Africa
• Start-ups ought to handle mining trade challenges utilizing technology-based options
• The programme encourages purposes from ladies, individuals with disabilities, and marginalized teams
• Focus areas:
  • Waste administration and mineral restoration
  • Data visualization and interpretation
  • Drone purposes and surveying
  • Sustainability-focused mining improvements

Join the Movement
This is an thrilling alternative for start-ups within the mining and expertise sectors to redefine Africa’s mining ecosystem. With substantial funding and assist, the programme goals to nurture transformative improvements and contribute to sustainable financial development throughout the continent.

For extra info and to apply, go to the Timbuktoo MineTech Hub website!

Evaluation Criteria
The analysis of purposes will think about:

• Innovative Potential
• Market Fit
• Sustainability and Impact
• Team Capability
• Scalability and Viability
• Alignment with Programme Goals

Application Form
Start-ups can apply by finishing the application type [Download link]. The application course of takes roughly 20 minutes to finish.

For extra particulars, go to: Timbuktoo MineTech Accelerator Programme application page link.

Data Protection
All info offered in purposes can be dealt with in compliance with privateness legal guidelines and rules. By submitting your application, you consent to the sharing of your info with related stakeholders for analysis and potential funding functions.

Application Deadline: February 13, 2025