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The Mining Lab program was conceived with the purpose of supporting efforts from entrepreneurs willing to develop tech innovation projects for the metals and mining sector.
The second edition of the program will identify and connect initiatives from startup companies in Brazil, Peru, Chile, Canada and the United States.
Total funding for the program is estimated at US$ 2,400,000. And it’s equity free, meaning Nexa will not require an equity share in return. Sounds interesting? Apply to include your project now.
Senior Vice president Mineral Exploration and Technology
Enter your project: send the URL of a video of up to 5 minutes presenting your idea and your startup.
The startups with projects that are most suited for the challenges will be selected for an online interview with the technical staff at Nexa. The goal is to see the details and have an in-depth assessment of the projects.
Online Boot Camp – from April 30 to May 11 Up to 36 projects will be selected for remote participation via VLE platform. On-site Boot Camp – from June 25th to 28th Up to 24 projects will be selected to participate of an immersion session on-site, in São Paulo.
After the immersion step, the 24 projects will be presented to an evaluation panel, consisting of directors, general managers, and a group of technical, financial and management specialists of Nexa. On Demo Day, the 12 winning startups for the Mining Lab 2 edition will be announced.
After the selection of the winners, the partnership format will be established, according to the scope of each project, for the beginning of the activities.
For this edition, Nexa is seeking projects providing innovative solutions in the fields of Logistics, Industrial Automation, the Internet of Things and IT, Circular Economy and Mineral Concentration.
To find out if your startup project is eligible to enter the program, read more about each one of the areas for which Nexa is searching for new solutions.
Development of solutions using information technology to eliminate any obstacles perceived in the process of mineral exploration and metallurgy process in Nexa’s plants.
If your startup has a developed solution or one that can be adapted for development, send us your project. Entries will be accepted up until March 31th, 2018.
Check the Rules here.
Ingenious solutions and projects capable of optimizing processes, in addition to more accurate measurements in real time and robotization of activities in the mining plants. All the while focusing on safety, sustainability and profitability. These are some of the project’s ideas Nexa is looking for:
If your startup has a developed solution or one that can be adapted for development, send us your project. Entries will be accepted up until March 31th, 2018.
Check the Rules here.
The idea is to optimize internal and external transportation processes, reducing costs and eliminating bureaucracy in document issuance. Most importantly, the projects must take safety and delivery time into consideration. Nexa is looking for ways such as:
If your startup has a developed solution or one that can be adapted for development, send us your project. Entries will be accepted up until March 31th, 2018.
Check the Rules here.
Creating process routes and solutions for solid and gas waste and effluents for the mining and metallurgy plants in which Zinc is transformed.
If your startup has a developed solution or one that can be adapted for development, send us your project. Entries will be accepted up until March 31th, 2018.
Check the Rules here.
Researching new technology for increasing the levels of zinc, copper, lead and silver. Also for reducing the amount of gangue ore within underground mines in our units in Brazil and Peru.
If your startup has a developed solution or one that can be adapted for development, send us your project. Entries will be accepted up until March 31th, 2018.
Check the Rules here.
Technology and Innovation Consultant
Be a duly constituted company, registered with the competent authorities according to and in compliance with the laws and the constitutive acts of your country of origin.
Have at least two people allocated exclusively for the project. At least one must be available to work in Brazil or Peru if the project is selected.
The Mining Lab program was created in 2016 by Nexa (formerly Votorantim Metals) with the objective of seeking innovative solutions to the demands in the processes of mining and metallurgy of the company's operations in Brazil and Peru.
There will be considered only projects that have at least one process or product to be tested in a maximum of 1 (one) year. The idea is to scale the business model to the market in the short term, so will only be accepted projects that are already at an advanced stage.
The projects will be selected according to the demands of each operation in the mining and metallurgy processes of the company's operations in Brazil and in the Peru. If the project is selected to be applied in Peru, at least one member of the start-up must be available to work allocated by a period to be combined in the future.
Boot Camp, in the literal translation, is a training center. The idea of the Online Boot Camp at the Mining Lab selection process is to ensure that start-ups and entrepreneurs have access to online training and information necessary to build a proposal to work together with Nexa.
Those selected in the Online Boot Camp will move to the next phase, the On-site Boot Camp. At this stage, candidates will be assessed by the ability to adapt their projects to the demands of Nexa.
The Gust platform connects start-ups to investors around the world. It's through it that the candidate must sign up.
Techmall is a start-up accelerator with expertise in programs that encourage open innovation within organizations. Her role in the Mining Lab is to support interaction activities between the Nexa team and program participants.
The selected start-up by the Mining Lab 2 can not have any kind of commercial agreement or any other relationship, whether contractual or not, with any market players in Brazil and / or the world that can be considered a competitor of Nexa.
Nexa is committed to providing all kinds of support to those selected in the Mining Lab. The total investment contribution is US $ 2,400,000 (two million four hundred thousand US dollars) to be divided among the start-ups chosen, at Nexa's discretion. There will be promotion of co-development partnerships of new technologies and the possibility of testing in an industrial environment. Coaching and mentoring are also planned with the objective of helping start-ups in the development of their projects. Mining Lab is equity free, in other words, investment with no corporate counterpart.
The total investment contribution is US $ 2,400,000 (two million, four hundred thousand US dollars) to be divided among the chosen start-ups, at the discretion of the Nexa.
Mining Lab is equity free. This means that investment made by Nexa has not counterparty.
Nexa is looking for solutions to the following areas:
a. Mineral Concentration, in which it intends to increase the ore content of zinc and silver, in addition to reducing the amount of bargain ore within underground mines;
b. Logistics, in which projects that are capable of offer solutions for internal and external transportation processes, reducing costs and bureaucratizing the issue of documents;
c. Industrial Automation, whose focus is to make measurements more accurate and in time and robotic activities in their mining plants;
d. Circular Economy, which aims to develop process routes and waste solutions for the mining and metallurgy plants where in which the zinc is plowed;
e. Internet of Things, which seeks to develop solutions, such as to be able to carry out an integrated engineering planning of the using information technology.
In order to participate in Mining Lab 2, you will need to have a company duly incorporated and registered with the competent organs and is in accordance with the law and with the constitutive acts of their country of origin. And to have, least two people allocated exclusively to the project, least one of them must be willing to work in Brazil or Peru, if your project is selected.
At the end of the process, 12 start-ups will be selected.
The deadline for completing the project testing and validation stage is 1 (one) year after the selection and the signed contract.
WHEREAS NEXA wants to receive certain Confidential Information (as defined below) about the Disclosing Party in order to evaluate the possibility of the Parties to work together under the Mining Lab Program; and
WHEREAS the Parties wish to establish confidentiality and secrecy obligations to be complied with and by NEXA, as well as to treat the information assigned as Confidential Information (as defined below) under the terms of this instrument,
THEREFORE, the Parties RESOLVE, on a mutually basis, enter into this confidentiality agreement ("Agreement" ), which is governed by the following terms and conditions:
For the purposes of this Agreement, unless the context requires otherwise, the following terms shall have the respective meanings set forth below, and any grammatical variations of such terms shall have the corresponding meanings:
Authority means any capital market supervisor, governmental, judicial or regulatory authority, any agency that has jurisdiction over the receiving Party;
Confidential information has the meaning set forth in Clause 2.
Individual means any individual or legal entity, investment fund or consortium, formally incorporated or not.
Intellectual Property Rights means any intellectual property right, thus considered under the applicable law, including, but not limited to trademarks, patents, software, programs or any other form of similar rights or application to these rights anywhere in the world.
Representatives means managers, directors, attorneys in fact, employees and other representatives who are appointed by the Disclosing or by NEXA, as applicable.
For the purposes of this Agreement, the term 'Confidential Information/' includes:
(i) all information and data of any kind, including but not limited to information and business, fiscal/tax, financial, operational, logistical and legal data, reports, drawings, specifications, formulas (contained in samples, products and others) research, interpretation, forecasting, business strategies and analysis, trade secrets, marketing and/or business plans, from marketing, know-how, mental impression, techniques, or legal assets, ideas, personnel information and sales, products or pricing, samples, information about customers or potential customers, information about suppliers or potential suppliers, information about systems, including communication and information systems, and information about the ability of, or plans to, existing or future technologies that have been or that will be disclosed by the Disclosing Party and/or its Representatives, including Intellectual Property Rights, whether in the written form, by electronic means or any other form of data.
2.2The following shall not be considered Confidential Information for the purposes of this Agreement:
(i) by the time of disclosure to NEXA the information is in public domain or was obtained by NEXA from various legitimate sources;
(ii) Has been developed independently by NEXA, without using the Confidential Information; and/or
(iii) Which disclosure was made prior to this Agreement or expressly authorized in writing by the Disclosing Party.
NEXA expressly agrees to maintain in strict confidentiality and to keep absolute secrecy about all Confidential Information, which shall not be disclosed to any third party, except upon express authorization from the Disclosing Party, during the effectiveness of this Agreement and the period of 1 (one) year after the date on which the Parties have terminated their relationship, for any reason.
3.2NEXA shall not use any Confidential Information for the purposes other than for the analysis of the information regarding the Disclosing Party. The use of the Confidential Information shall not, in anyway, harm the business of Disclosing Party.
3.3NEXA is responsible for maintaining the security and control of the Confidential Information, and shall handle thereto with the same level of care and discretion used for its own similar information that it does not want to have disclosed, published or disseminated.
3.4NEXA undertakes to inform its Representatives, if applicable, the strictly confidential nature of the Confidential Information, being liable for any breach by its Representatives of any of the provisions set forth herein.
3.5NEXA agrees to have the Representatives of the NEXA sharing the Confidential Information only with those other Representatives of NEXA, which must have the knowledge of the information.
The Disclosing Party represents and ensures that the Representatives of the Disclosing Party have all the necessary authority, ownership and right to disclose the information to NEXA.
Any and all Confidential Information disclosed by the Disclosing Party will remain as exclusive property thereof.
5.2NEXA is aware that all right, title and interest regarding the Confidential Information shall remain exclusive property of the Disclosing Party and that no interest, license or other rights concerning Confidential Information is granted hereby to NEXA or its Representatives.
5.3NEXA undertakes to destroy all material received with respect to the Confidential Information, including any copies and reports or other documents prepared for the purposes established herein, up to thirty (30) days after a written request from the Disclosing Party or after the date on which the Parties have terminated their relationship for any reason.
5.4NEXA should elect a copy of the Confidential Information to be retained by its legal advisors, under the irrevocable condition that such copy will be used only as evidence in any dispute or threat of dispute between the Parties, in order to assist NEXA with the information that the Confidential information was in fact being disclosed by the Disclosing Party to NEXA.
NEXA shall inform within five (5) business days to Disclosing Party about any court order or request from the proper authority requiring the disclosure of any of the Confidential Information. The Disclosing Party shall take the legitimate measures deemed necessary to prevent such disclosure, always with the assistance of the NEXA. If the Disclosing Party is unable or does not intend to avoid such disclosure, NEXA:
(i) shall disclose to the proper authority only the information which is strictly necessary to comply with the order or request;
(ii) shall inform such authority about the strictly confidential and sensitive nature of information; and
(iii) shall require that the procedure or process remains confidential and in secrecy, or that sufficient measures are taken to preserve the confidentiality of the information.
In the event NEXA or its Representatives, if applicable, breach any obligations listed in this Agreement, NEXA shall indemnify the Disclosing Party for any losses and direct damages assessed in court or by arbitration award, notwithstanding to immediate cease any practices prohibited by this Agreement.
7.2Notwithstanding the rights or other legal remedies available to the Disclosing Party, indistinctly this should require specific execution of his Agreement, or any applicable legal measure, in the event of a breach or threatened breach of this Agreement by NEXA or its Representatives, if applicable.
The Parties hereby undertakes to comply entirely with Law number 12,846/2013 (“the Brazilian Anti-Corruption Law”) and represents to be aware of all terms and definitions provided in the Brazilian Anti-Corruption Law, which defines as harmful act to promise, offer or give, directly or indirectly, unjustified advantage to public officer or to third-party related thereto, among others.
8.2In addition to the provisions of the Brazilian Anti-Corruption Law, the Parties undertake to fulfill and comply with all provisions of the Anti-Corruption Policy of NEXA, as well as the main legislations in force that refer to the anti-corruption subject, especially the following ones, as applicable: OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions 1997 (OECD Convention); (ii) the United Nations Convention against Corruption 2003; (iii) the Foreign Corrupt Practices Act of 1977 of the United States of America (FCPA); (iv) the Bribery Act 2010 of the United Kingdom (UK Bribery Act).
8.3The Parties represent not to offer, promise, authorize, request or accept any unnecessary advantage, of the pecuniary kind or any other kind related to the object of this Agreement, as well as take reasonable measures to prevent that its subcontractors, agents or any other third-parties subject to its control, perform any of the illegal acts mentioned in this clause and/or provided for the Brazilian Anti-Corruption Law, to require the compliance with the provisions contained in this Clause.
8.4The Parties by itself and by its managers, directors, employees, agents, members, subcontractors and any other third-parties involved in this Agreement represent not to use, during the effectiveness of this Agreement any benefit or advantage resulted from public officers of the direct or indirect public administration employed in the government or members of political parties that are in non-compliance with the laws and represent tort act.
8.5The Parties when becoming aware of that any of its agents or employees have not complied with the assumptions and obligations agreed hereby shall immediately and spontaneously report the fact to the other Party along with an action plan to (i) immediately dismiss the employee or agent; (ii) prevent that such acts recur and (iii) ensure that this Agreement should remain effective, subject to the penalties provided in this Clause.
8.6The Parties and its employees, when acting on the behalf or defending the other Party´s interests before agencies, authorities or public officers should not give, receive or offer any gifts, advantages or favors to public agents, above all with the purpose of obtaining any kind of favor to or for any of the Parties.
8.7Furthermore, the Parties must immediately inform the other Party, if one of its managers, directors, employees, agents, members or subcontractors third-parties are appointed as public officers of the direct and indirect public administration, recognizing that such appointment should automatically result in the termination of this Agreement, if such fact should result in conflict of interests with the provision hereof.
8.8Any of the Parties shall be entitled to perform, at any time, audit proceeding to make sure of the continuous compliance with the representations and warranties given by the Parties in this Clause, upon forwarding of prior notice. The Party under audit should cooperate entirely with any audit performed pursuant the terms of this Clause or of this Agreement.
8.9Any breach of the anti-corruption standards by the breaching Party, in any of its aspects, shall lead to the immediate termination of this Agreement with cause, by the Innocent Party, notwithstanding the remedy for damage caused to the Innocent Party. The Breaching Party is aware of that the Innocent Party is authorized, in the event of practices that affect the Anti-Corruption Policy of NEXA or against the legal provisions described in this clause, to send reports to the proper authorities.
The Agreement shall be governed by and construed in accordance with the laws of Brazil.
9.2The Agreement shall be governed by and construed in accordance with the laws of Brazil.
This agreement enters into full force and effect on the date hereof and shall be in force and bind the Parties and their successors in any capacity for an indeterminate period.
10.2Any modifications, amendment or waiver of this Agreement shall be formalized by instrument signed by the Parties.
10.3If any provision of this Agreement is illegal or unenforceable, in any extent, under any legal determination, such provision shall not be part of this Agreement and the fulfillment of the other provisions should not be affected.
10.4Any omission or tolerance by any Party in requiring the strict performance of the terms and conditions set forth herein shall not be deemed novation or waiver to the rights herein set forth, which shall be fully and entirely performed at any time by the Party.
10.5The assignment is prohibited by any of the Parties of rights and obligations under this Agreement, without express prior written consent of the other Party.
10.6This Agreement replaces all previous understandings and discussions which shall constitute the sole agreement between NEXA and Disclosing Party with regard to Confidential Information.
In witness whereof the Parties sign this agreement in three (3) counterparts of the same text and form before the witnesses identified hereunder.