Led by the ICAMCyL Foundation, the project boosts economic growth and strengthens SMEs in the mining sector, marking a milestone in the use of advanced technologies and sustainable approaches.
In a world where innovation is the engine of growth and development, success stories like the MINE.THE.GAP project, led by the ICAMCyL Foundation, light the way to the future. With a budget of 5 million euros, this project stands out for its significant impact on the mining sector, a crucial but often forgotten sector in conversations about technological innovation.
Innovation and collaboration: keys to success
The success of MINE.THE.GAP lies in its collaborative approach and dedication to innovation. With a budget of €5 million, over €3 million of which has been dedicated to funding innovative projects and additional services for small and medium-sized enterprises (SMEs) in the mining and raw materials sectors, the project has created an ecosystem where collaboration between different technology sectors flourishes. This approach has resulted in tangible economic growth and increased competitiveness in Europe’s mining industry.
The MINE.THE.GAP project, led by the ICAMCyL Foundation, stands out as an outstanding example of success in the field of innovation, where they have worked closely with technology companies from various sectors, thus boosting economic growth and competitiveness in the mining industry in Europe.
Strengthening and developing value chains
One of the most significant contributions of MINE.THE.GAP is its ability to strengthen existing value chains and develop new ones. The platform provided by the project has enabled SMEs to benefit from valuable interactions with suppliers and facilitators in emerging fields such as information and communication technologies (ICT), circular economy and advanced manufacturing. This cross-sector and cross-regional approach not only enhances current operations, but also opens doors to future innovations.
MINE.THE.GAP has made available to European SMEs two types of funding bonds for the development of collaborative projects formed by two or three companies: MINE-PoC, for the direct funding of innovation projects for the design and implementation of a prototype/proof of concept to demonstrate the feasibility of solutions and, secondly, MINE-Demo, for the development and testing in a production environment of a simple functional demonstration/pilot with all the main features of the product/service/solution.
Both types of bonds address one of the 10 main challenges and needs identified in the commodity and mining value chain, while focusing on at least one of the “Key Actions” to be financed. SMEs could apply for several bonds, but the maximum individual total funding was limited to €50,000.
for raw materials and mining
In addition, the funded companies were eligible for business support services of up to €10,000 to improve their innovation capabilities, promote technology transfer and commercialization, and boost their internationalization. These services support the creation of new business opportunities that promote the growth and competitiveness of European SMEs.
Solutions to current and future challenges
MINE.THE.GAP has not only focused on current solutions, but has also set its sights on the future. Offering funding bonds such as MINE-PoC and MINE-Demo, the project has addressed key challenges in the mining value chain.
These bonds have facilitated the development of collaborative projects and the implementation of prototypes, supporting not only innovation, but also the creation of new commercial opportunities.
Innovation vouchers have been used to develop projects that bring together technology suppliers and companies in the mining industry to create new and improved value chains. Through MINE.THE.GAP, European SMEs have been able to initiate new collaborations to develop products, technologies, solutions and services.
A lasting impact at a key moment
The ICAMCyL Foundation, through MINE.THE.GAP, has demonstrated an exceptional ability to adapt and respond to unforeseen challenges, such as the COVID-19 pandemic. During its 39 months, the project financed 63 companies, providing a vital economic boost for the reactivation of mining activities at a critical time.
This resilient and proactive approach is a shining example of how technology centers can play a crucial role in times of crisis.
The ICAMCyL Foundation has been instrumental in the implementation of MINE.THE.GAP, part of the Horizon 2020 program.
This project was funded and developed at a key moment for regional economies, which were severely affected by the shutdown of activity due to the COVID-19 pandemic. In this context, MINE.THE.GAP provided a unique opportunity for mining companies to make use of European funding to stimulate their return to activity.
MINE.THE.GAP stands out not only for its financial and technical contribution to European SMEs, but also for its innovative and collaborative approach. It serves as a role model for future projects in various sectors, demonstrating that collaboration and innovation are key to overcoming tomorrow’s challenges and seizing tomorrow’s opportunities. This success story is an inspiration to all those interested in the transformative power of innovation and technology.
For more information, you can consult the following links of interest:
MINE.THE.GAP eitraw materials partner international
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