The United Nations Development Programme (UNDP), in collaboration with the Timbuktoo Africa Innovation Foundation and the National Institute for Scientific and Industrial Research (NISIR), proudly unveils the Timbuktoo MineTech Accelerator Programme. This visionary initiative aims to revolutionize Africa’s mining industry by nurturing innovation, supporting start-ups, and scaling cutting-edge solutions to tackle key industry challenges.
About the Programme
The Timbuktoo MineTech Accelerator Programme, the first of its kind in Africa, is a trailblazing hub dedicated to reimagining the mining sector. Focused on youth-led entrepreneurship, the programme offers:
- $25,000 in equity-free funding for selected start-ups in the second phase
- Mentorship and expert guidance to enhance mining-tech solutions
- Global networking opportunities to connect with industry leaders and investors
This initiative seeks to drive sustainable development, operational efficiency, and technological advancement in mining.
Key Dates and Application Details
- Applications Open: January 9, 2025
- Applications Close: February 13, 2025
Start-ups developing innovative, tech-based solutions in the mining industry are encouraged to apply.
Empowering Africa’s Brightest Minds
James Wakiaga, UNDP Zambia Resident Representative:
“The Timbuktoo MineTech Accelerator Programme demonstrates our dedication to addressing critical challenges in Africa’s mining sector. By empowering local talent, we aim to shape the future of sustainable mining.”
Dr. Henry Kambafwile, CEO of NISIR:
“This initiative positions Africa as a global leader in ethical and sustainable mining practices, harnessing innovation and technology to transform the sector.”
Programme Objectives
The Timbuktoo MineTech Accelerator is committed to:
- Fostering innovation in mining technologies
- Scaling impactful solutions from emerging start-ups
- Building capacity through mentorship and workshops
- Encouraging collaboration among industry leaders, investors, and regulators
- Driving economic growth via technology-driven advancements
Programme Structure
Phase 1: Recruitment & Bootcamp
- A 4-week hybrid bootcamp (2 weeks in-person, 2 weeks virtual)
- Activities include problem definition, prototype development, and business modeling
Phase 2: Acceleration
- Tailored support for selected start-ups, including funding and strategic guidance
Phase 3: Post-Grant Support
- Continued mentorship to help start-ups scale their solutions and create meaningful impact
Eligibility and Focus Areas
To qualify, start-ups must:
- Be led by founders from African Union member states residing in Africa
- Address challenges in the mining industry with tech-based solutions
Encouraged Applicants: Women, persons with disabilities, and marginalized groups.
Focus Areas:
- Waste management and mineral recovery
- Data visualization and interpretation
- Drone applications and surveying
- Sustainability-focused mining innovations
Join the Movement
The Timbuktoo MineTech Accelerator Programme is a unique opportunity for mining and tech innovators to redefine Africa’s mining ecosystem. With funding, mentorship, and global exposure, this initiative is set to drive transformative advancements and sustainable growth across the continent.
Don’t miss out! Apply now via the Timbuktoo MineTech Hub website.
Evaluation Criteria
Applications will be assessed based on:
- Innovation potential
- Market fit
- Sustainability and impact
- Team capability
- Scalability and viability
- Alignment with programme goals
Apply Today!
Application Deadline: February 13, 2025
Complete the application form here: [Download Link]. The process takes approximately 20 minutes.
For more details, visit the Timbuktoo MineTech Accelerator Programme webpage.
Data Protection: All application data will be handled in compliance with privacy regulations. By submitting, you consent to data sharing with relevant stakeholders for evaluation and potential funding.
