North Vancouver, BC - November 15, 2024 – Innovation Mining is delighted to announce its selection as a candidate by Creative Destruction Labs (CDL) at UBC’s Sauder School of Business. CDL is a renowned global startup program for seed-stage, science-based companies. Founded by the Rotman School of Management at the University of Toronto, CDL now operates in 12 universities worldwide, including five in Canada, and is recognized as a global leader in research and teaching excellence. The program has generated over $32 billion in equity value for its participants across twenty streams, including AI, climate, fintech, energy, biotech, health, minerals, quantum, and space.

 

CDL employs an objectives-based mentoring process, involving a select group of accomplished entrepreneurs, angel investors, economists, and scientists. Companies are admitted through a competitive application process and, if accepted, engage in a nine-month program designed to develop massively scalable technology startups. Founded in 2012 by Rotman School of Management professor Ajay Agrawal, CDL has grown significantly. It now features 23 focus areas, or CDL Streams, ranging from AI to Cancer, and from Climate to Space. Mentors are the backbone of the Creative Destruction Lab program because they provide expert guidance for early-stage technology companies to grow and improve their probability of success.

 

CDL brings together over 1,000 experienced accomplished entrepreneurs, world-class scientists, and active investors (VCs and angels) with early-stage technology startups to help guide companies. Duane Nelson, CEO of Innovation Mining, expressed his gratitude by stating, “We are honored to be invited to be a part of this prestigious and unique program. CDL and its mentors will help us gain a razor-sharp focus on our goals and objectives, and help us to secure the necessary academic, industry, scientific, and financial partners to advance our valuable technology to commercial production.”

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About CDL – Vancouver
CDL is an objective-based mentorship program that supports participating ventures in accelerating their trajectory as they work to scale ambitious tech-based businesses. Over a period of nine months, participating select ventures have the opportunity to interface with, and learn from, individual and corporate partners, UBC students and pedigreed guests who bring a wide range of domain expertise and ecosystem connections.

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About Innovation Mining:
Innovation Mining is a clean-tech, small-scale mining technology innovator, developing a patent-pending, environmentally friendly, non-cyanide chemical formula for extracting precious metals. Currently, over 90% of gold (valued at approximately $210 billion annually) is produced using cyanide. Innovation’s unique water-based formula is powerful, safe, reusable, and offers a cost-effective and sustainable alternative to cyanide for processing ores, concentrates, and tailings. Led by a seasoned team of executives, engineers, and scientists, Innovation is committed to environmentally friendly mineral extraction.

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Contact Information:
Duane Nelson
Innovation Mining Inc.
duane@innovationmining.com