Would you like the chance to negotiate a 1M CAD Investment? Here’s How:

#DISRUPTMINING 2019 SUBMISSION OVERVIEW

Here is where we need you! We’ve compiled a few of the biggest challenges (opportunities!) in mining today.

Are you up for the challenge?

 

Submission Categories

 

1. Mining Transformation: Operate and manage our mines with increased productivity.

  • Mining transformation covers innovation on everything from how the mine operates to how the mine is managed. It’s time for mines to rethink how they do their everyday work.

2. Sustainability Transformation: Move towards zero water and sustainable energy usage.

  • Improvements in sustainability can include a broad range of solutions but minimizing or eliminating the use of non-renewable resources is a global imperative for all responsible industries, and essential to minimizing cost and social risk.

3. Metallurgy Transformation: Decrease the mass, energy, water and chemical intensity required in metallurgical processes.

  • Generally, anything that decreases the mass, energy, water and chemical intensity required in metallurgical processes would progress efforts around productive and responsible stewardship of resources.

4. Digital Transformation: Create digital intelligence with new applications and integrated interfaces.

  • How we can integrate technology into every part of the mining process and have various data input work together in a cohesive, integrated system. What systems or data are missing in the extraction process that would revolutionize the way we do things?

5. Geology Transformation: Improve mineral mapping and measurement.

  • Improved accuracy in geological information would drastically de-risk projects and open a major black-box of the extraction process.

6. “Go Rogue”

  • Is your idea so disruptive it can’t be allocated into one of these categories? Then this is the section for you – our wild card. Surprise us with your rogue and bold idea; we want to hear them all!

CLICK HERE TO VIEW COMMON CHALLENGES

#DISRUPTMINING WILL SHOWCASE IDEAS DESIGNED TO UNLOCK NEW OPPORTUNITIES AND ACCELERATE SOLUTIONS

Submission Scoring

 

Submission scoring will be broken down into the following five categories. The questions within each category are intended to be advisory in nature; they should not be interpreted as specific judging criteria. Suggestions have been made in each category by our judges as sections or practices to consider including in your proposal. They are not mandatory.

1. Innovation – 35%

  • Does the idea modify an existing idea, or is it a totally new concept?
  • What is the existing technology in this sphere, and how is this application unique?

2. Impact and Value – 25%

  • What is the burning platform? Why is this necessary?
  • What value will this bring to the industry?

3. Implementation and Scalability – 25%

  • Is there a strategy in place to ensure long-term implementation and to outline the feasibility of industry-size scalability?
  • How have the major risks associated with the idea been mitigated?

4. Elevator Pitch – 15%

  • Do the judges quickly and easily understand your idea?
  • Have you succinctly explained how your idea will disrupt the mining industry?

In the event of a tie, the participant with the highest score between or among the tied entries in the Innovation category will be deemed the higher-scoring entrant.

 

Submission Format

 

All applications MUST include:

  • Required: The website submission form
  • Required: The report submission PDF
    • Maximum of five 8.5” by 11” pages; minimum 12-point font size; minimum margins are one inch; text in tables and figures may be as small as 9 points.
    • Uploaded as a single unlocked PDF document, 20 MB maximum. Embedded hyperlinks to external content can be included but may not be reviewed.
  • Recommended: A MAXIMUM 90-second elevator pitch video.

The report submission MUST include the following WITHIN the five-page limit and follow this template:

  • Executive Summary
  • Brief Biographies of the Team
  • Legal or Intellectual Ownership Status
  • Projected Value Statement
    • Please detail and quantify your anticipated value or impact and state all assumptions
  • Competitor Analysis
    • Please provide a brief landscape of your competitors and how your idea differs
  • Planned Allocation of Funds
    • Assuming you are successful and secure a contract or investment, please describe how you would apply the funding
  • Detailed Technical Explanation

Upon completion of your submission you will receive an email to confirm we’ve received it. If you do not receive a confirmation email, please email disruptmining@goldcorp.com before the submissions close.

Submissions close at 8:59pm PST / 11:59 pm EST on Monday November 5, 2018. Late submissions will not be accepted.

 

Judging Process

 

There will be two formal rounds of judging to determine semi-finalists and finalists. A team from the University of British Columbia composed of individuals with varying backgrounds will conduct the first round of judging.

UBC will filter submissions to provide a shortlist to Goldcorp to select semi-finalists and finalists who will be invited to attend the #DisruptMining Finale during the 2018 Prospectors and Developers Association of Canada (PDAC) Conference in Toronto on March 3. Semi-finalists will be invited to showcase at the Innovation Expo, and finalists will be invited to participate in the “shark-tank” style live finale. All submissions will be judged according to the scoring rubric.

Questions? Contact disruptmining@goldcorp.com.

 

Investment

 

Finalists will have the opportunity to negotiate up to CAD$1 million in investment for a proof of concept at one of Goldcorp’s mines or direct investment in the winning technologies as described further in the rules below.

Submissions are now closed. 

Frequently Asked Questions

The Challenge is open to all individuals or groups of individuals in Canada or the United States (excluding residents of Florida) who are over the age of majority in their province, state, territory or country of residence, excluding employees, representatives, sponsors who have paid more than $5,000 in sponsorship fees, relatives, dealers and agents of the Society and Goldcorp (and their respective affiliates).

For persons residing in jurisdictions in which the competition is not available, you are welcome to submit your ideas to us for our review, notwithstanding the fact that you are ineligible to participate in the competition.

  • Required: The website submission form
  • Required: The report submission PDF with the required sections.
    • Maximum of five 8.5” by 11” pages; minimum 12-point font size; minimum margins are one inch; text in tables and figures may be as small as 9 points.
    • Uploaded as a single unlocked PDF document, 20 MB maximum. Embedded hyperlinks to external content can be included but may not be reviewed.
  • Recommended: A MAXIMUM 90-second elevator pitch video.
Submissions close at 8:59pm PST / 11:59 pm EST on Monday November 5, 2018. Late submissions will not be accepted.

There will be two formal rounds of judging to determine semi-finalists and finalists. A team from the University of British Columbia composed of individuals with varying backgrounds will conduct the first round of judging.

UBC will filter submissions to provide a short list to Goldcorp to select semi-finalists and finalists who will be invited to attend the #DisruptMining Finale during the 2018 Prospectors and Developers Association of Canada (PDAC) Conference in Toronto on March 3. Semi-finalists will be invited to showcase at the Innovation Expo, and Finalists will be invited to participate in the “shark-tank” style live finale.

Finalists will have the opportunity to negotiate up to CAD$1 million in investment for a proof of concept at one of Goldcorp’s mines or direct investment in the winning technologies (investment not guaranteed, and/or investment may be allocated among two or more of four finalists; exact level of investment, if any, is at Goldcorp’s sole discretion and subject to completion of appropriate due diligence).

Yes, all finalists could potentially walk away with up to CAD$1 million in investment for a proof of concept at one of Goldcorp’s mines or direct investment in the winning technologies.

The biographies and backgrounds of the sharks will be released closer to the competition. Make sure you are following us on social media to be the first to find out!

Please do! We want to see your spirit radiate throughout social media and the industry. Make sure to use the hashtag #DisruptMining and follow us on social media to get the latest updates. Please ensure press releases are sent to disruptmining@goldcorp.com for accuracy review.

Only finalists (up to 2 individuals) selected to take part in the live #DisruptMining shark-tank style finale will have travel and accommodations in Toronto covered.

Yes! But make sure we don’t just get your business proposal – show us that innovative spark that got your idea started!

Of course! No matter the size of your startup, we’d love to hear your idea!

Are you sensing a theme to these answers? YES! All ideas are welcome.

Absolutely! Keep in mind some judges may have seen your submission last year so tell us what you’re doing differently this time.

Go ahead! The judging team (both UBC and Goldcorp) will have seen your previous application, so tell us what’s different, how you’ve improved or what impact you’re making. Remember – the scoring rubric and judging process has changed this year, so make sure you adapt to the new requirements! Please do not re-submit your previous application.

Please send us an email: disruptmining@goldcorp.com

Please allow two business days for a response before following up.

GOOD LUCK!