The Demand Driven Supply Chain Incubation Model project empowers mining communities

Image taken from www.barrick.com

Image taken from www.barrick.com

The Demand Driven Supply Chain Incubation Model project (DDSCIM) has one simple objective; to support innovative mining companies to assist them in the development of key components of the mining technology supply chain as well as to create a platform that will exist to leverage existing mining skills and expertise into new knowledge based entrepreneurial ventures.

Currently worldwide there are over 5000 incubators hosting high-growth enterprises.  The use of business incubation as an economic and technology development tool – in terms of offering incubation space, business support services as well as clustering and networking opportunities – is now being seen as one of the best tools to enable SMEs to contribute to the growth of their nations.

DDSCIM is currently being implemented in Botswana by the Botswana Innovation Hub (BIH), BCL Limited, as well as in Zambia by the Motivational Centre for Africa’s Transformation (MoCAT), the Lumwana Mining Company (Barrick) and the Lumwana Community Business Association.

Business incubation model, the project’s pillar

From a slow start in the inception phase, the project is now taking off and has conceptualised the draft business incubation model that will be the supporting structure of the project. The draft incubation model was presented to stakeholders in both countries and the project has now had a major data collection exercise that was undertaken by the lead project consultant and implementation partners.  The data collection exercise comprised of discussions with mines, mining communities as well as other stakeholders, with a main aim to identify the different role players in the ecosystem, as well as their needs for SME development. Read More