Support startups for mine development
Mining Investment Fund Managing Director: The Insurance Fund has designed a formula for growing startups to get to know miners and startups. So we intend to work with startup companies to reduce the risks in the mining sector.
According to the International Stone Exhibition of Iran, due to the fact that the development of the mining sector is undergoing a technological development, therefore, if we do not step in the direction of the development of knowledge and interest in the technology of the day, we will see a decline of the mining sector.
The Investment Insurance Fund has taken effective measures to strengthen mining in Iran compared to developed mining countries. As technology in the mining sector is very weak and Iranian miners often work in traditional ways, the insurance fund is looking to pay more attention to start-ups to shift the mine's path to modernization.
The Insurance Fund has designed a formula for the growth of startups so that miners and startups can get to know each other. So we intend to work with startup companies to reduce the risks in the mining sector. In this process, the miner discusses his problems with productivity reduction with the insurance fund, and we then share this with knowledge-based companies. In this way, the Insurance Fund on the one hand supports the creation of new ideas and on the other hand helps to change the direction of traditional mining.
In order to compete with mining in the world, we actually have to support domestic startups, and for that we have to value the cutting-edge technology in the mining sector, especially the technologies in the IT field, which lead to increased productivity and lower production costs. . So supporting startups is some kind of support for the development of the mining sector in the current situation.
* Farid Dehghani, Director of Mining Investment Insurance Fund
