Country for PR: Australia
Contributor: Medianet International
Monday, December 13 2021 - 09:30
AsiaNet
South Australia Offers A$250,000 Prize Pool And Attractive Incentives To Kickstart Innovator Ideas
ADELAIDE, Dec.13/Medianet International-AsiaNet/--

South Australia will reward entrepreneurs with a A$250,000 prize pool and 
attractive incentives in a global challenge to put the state's critical 
minerals sector on the map.

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Run by the Government of South Australia and Unearthed, the Thinking Critical 
South Australia challenge focuses specifically on manufacturing and processing 
ideas to help build the state’s critical minerals ecosystem.

"The Government of South Australia is investing in the future, helping to grow 
the state's critical minerals capabilities," said Executive Director, Mineral 
Resources, Department for Energy and Mining, Alex Blood.

"Thinking Critical South Australia is focused on attracting the best, most 
innovative proposals from individuals and businesses across the globe and 
supporting them to set up operations in South Australia to contribute to this 
growth."
 
In addition to the A$250,000 financial prize pool, Thinking Critical South 
Australia is offering five finalists once-in-a-lifetime incentives such as 
marketing and promotional assistance, access to professional networks, and 
business development opportunities.

"In establishing operations in South Australia, finalists have the opportunity 
to leverage world-class resources and research facilities and have access to a 
rich network of customers, suppliers and investors," said Unearthed Innovation 
Systems Partner Lizzie Brookman.

"The winners will also have the option to relocate to prosperous and beautiful 
South Australia, with Adelaide recently judged the third most liveable city in 
the world by the Economic Intelligence Unit."

Critical minerals are metals, non-metals and resources deemed essential to the 
world's economies and whose supply may be disrupted or at risk.

A global critical minerals hotspot, South Australia contains 65 per cent of 
Australia's copper, graphite and zircon as well as halloysite, cobalt, rare 
earths and magnesite.

With global net zero policies and new technology advancements driving 
unprecedented demand for critical minerals, the Thinking Critical South 
Australia challenge is a fast-track to economic prosperity.

To be eligible to enter, an entrepreneur or business must be a registered, 
non-government business or non-for-profit organisation; are, or will be 
involved in the critical minerals value chain and willing to register their 
operations in South Australia. 

The Thinking Critical South Australia challenge is a two-round challenge. The 
first round closes 31st January 2022.

To register your interest, visit www.thinkingcriticalsa.com

About Unearthed

Unearthed is an open innovation platform featuring the largest community of 
startups, developers, and data scientists making the energy and resources 
industry more efficient and sustainable. 

SOURCE: Unearthed
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