Applications for the UNICEF Innovation Fund are open for
The UNICEF Innovation Fund seeks to make investments without capital of USD 50-90,000 to provide early-stage (seed) financing to for-profit technology companies that have the potential to benefit humanity.
The UNICEF Innovation Fund (Venture) is a non-thematic and recently established joint fund that has been specifically designed to finance open source technology in early stages that can benefit children. The main motivation of the Innovation Fund is to identify “groups” or portfolios of initiatives around emerging technology, so that UNICEF can shape the markets and also learn and guide these technologies to benefit children. They invest in solutions that can affect the lives of the most vulnerable children. These solutions are grouped around $ 100 billion of industries in cutting-edge technology spaces, such as: blockchain, UAV, virtual and augmented reality, machine learning, quantum computing, genetic engineering, Internet of things, artificial intelligence, nanosatellites and human dynamics. .
The IF has been designed to finance open-source solutions of new technology companies at an early stage. This funding can go to UNICEF country offices or private sector companies in UNICEF program countries. Through its investments, the Innovation Fund is generating value by strengthening problem-solving communities, increasing open-source intellectual property and increasing solutions that deliver results for children. The Fund also invests in “knowledge products” in the early stages: operations research that is published in the public domain and supports investment strategies and decisions.
If you have a new company registered in one of the UNICEF program countries and you have an open source prototype that works (or is willing to do so) showing promising results, the UNICEF Innovation Fund is looking for you.
