Call for Applications: UNDP timbuktoo MineTech Accelerator Program 2025 for young African Mining Entrepreneurs
Are you an innovative entrepreneur building groundbreaking solutions for the mining sector in Africa?
Are you using technology such as data visualization, drone applications with particular focus on waste treatment, efficient mineral recovery methods, and data interpretation, or other mining innovations that enhance operational efficiency, safety and sustainability? Apply now to join the timbuktoo MineTech Accelerator Program, designed to empower startups to scale and succeed across Africa.
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Eligibility
Applicants must meet the following criteria:
- Startups with founders who are nationals of an African country and domiciled in Africa
- Startups must be registered and operating within Africa.
- Startups must address mining industry challenges.
- Startups at the pre-seed stage are welcome to apply, but those with an MVP (seed) are encouraged to do so.
- Start-ups led by women, persons with disabilities (PWDs) or other marginalized groups are encouraged to apply.
Evaluation Criteria
- Innovative Potential (20%): Assesses originality and technical feasibility.
- Market Fit (20%): Evaluates relevance to mining challenges and target market validation.
- Sustainability and Impact (15%): Measures environmental, social, and economic contributions.
- Team Capability (25%): Focuses on expertise, problem-solving, and program commitment.
- Scalability and Viability (10%): Looks at growth potential and clarity in revenue or fundraising strategy.
- Alignment with Goals (5%): Ensures alignment with program objectives of innovation and sustainability.
- Presentation (5%): Evaluates clarity and communication of vision and solution.
Deadline: February 13, 2025