Every new activity that moves forward with modern science needs time to be cultured and to fit into society. Although the history of startups dates back to about 50 years ago, the epidemic culture of startups in the world began less than 20 years ago, and the same culture needed time to adapt. Therefore, the first thing these types of activities need is time.
Shortly before the first accelerator start-up in the field of mining and mineral industries, which is the result of investment and efforts of Sadr Tamin Holding, was unveiled in the presence of the Vice President for Science and Technology.
Although there has been widespread propaganda in this regard, many believe that the infrastructure for such projects is not yet available in the country and that a proper culture has not been created for it. In this regard, we have a conversation with Keyvan Jafari Tehrani, Senior Analyst of International Markets of the Steel Industry, who has an agreement in this regard, and you will see an excerpt of it below.
*** Some experts believe that in the field of mining, which is a traditional industry and has a specific mechanism, an activity called “accelerator” does not make sense and practically ends in brokerage. Do you agree with this?
Every new activity that moves forward with modern science needs time to be cultured and to fit into society. Although the history of startups dates back to about 50 years ago, the epidemic culture of startups in the world began less than 20 years ago, and the same culture needed time to adapt. Therefore, the first thing these types of activities need is time.
As you mentioned, mining and metallurgy activities are still traditional; Because in marketing, sales and even exploration and extraction activities, we have not been able to adapt to the current conditions of our market. One of the main reasons for this is the sanctions, especially the post-Burjam sanctions, which hit the field much harder; This is because when we eliminate a problem and face it again, it will have a more negative impact.
We used to see China as a good trading partner before Borjam, but during Borjam, when we went to European companies in the mining, mineral and metallurgical industries and our attention to China decreased, the Chinese became discouraged and trade cooperation with us. To diminish themselves and isolate us in their innovative and global design – the design of a road, a belt – which is the new Silk Road. Even now, China is cautious about buying minerals and steel from Iran, and Iranian products are no longer a priority for Chinese parties.
*** Financing liquidity in the field of start-ups
Another thing to consider about startups is that not only in Iran, but all over the world, a significant percentage of these companies and projects fail in the first six months or a year due to financial issues, because Society is not ready to accept them and its culture is not yet in place. However, launching such projects in traditional areas such as mining and mining industries has been and is necessary, especially since a large complex such as Sadr Tamin Holding is behind this accelerator.
Liquidity can be considered one of the biggest issues facing start-ups. We have a variety of ways to finance liquidity in this area, including crowd funding, which, in the form of portfolio, provides the money needed to carry out a startup project. This is very common in other countries and even happens abroad, but unfortunately in our country, due to sanctions, it is not possible to ask for money from foreign sources to start a high-tech business; However, this method has been established in the mining countries of the world, including Australia, South Africa and even India.
*** Indian Mine Startups
Today, India is one of the developed countries in the field of mining startups; So much so that it has even surpassed China, due in large part to its IT education. We can use the experiences of this country, which also has a good business relationship with us, to take this step to avoid the trials and errors that can fail us.
One of the benefits of working with India in this area is that the salaries of their creative start-up engineers are lower than global rates, and we can use them virtually in our teams (teamwork). Let’s take. Personally, I have had good experience preparing lecture files and infographic-based PowerPoints at overseas conferences on mining and the mining and steel industries, and it can be said that of the 154 international conferences outside Iran that I have spoken from 2010 to 2019, about 25 I used the percentage of my up-to-date lecture files from the experience of Indian IT experts, whom I had not seen before in all cases, and we communicated via video conferencing. We can use accelerators, startups and Indian experts along with Iranian experts in this field to reduce the risk percentage.
*** What services can a mineral accelerator startup actually provide?
The environment that a startup creates creates a shift from one large company to several smaller companies, not all of which are necessarily law firms, and specific workgroups can actually come together and work together. Take it forward. The situation is the same in the mining sector, and start-up companies can make a big move by activating small-scale mines, eliminating the suspicion that these start-ups will lead to brokerage, as they are limited to buying and selling mines and They are not minerals and as in the world in particularm France has startups in the field of exploration and extraction, we can also take steps in this field.
*** Is there a platform for such startups in the country?
Naturally, the infrastructure is not available to implement such a project in the country, but in the end, we have to start somewhere; If the project is implemented by a private sector, it will fail due to lack of liquidity, but since this accelerator is supported by organizations such as Minerals, Imidro and Sadr Investment, the chances of success are much higher. And we must increase support so that they can take root in the country and institutionalize their culture.
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