Application Deadline: 11:59 PM ET July 26th, 2020
The UNICEF Innovation Fund is looking to makeup to $100K equity-free investments (in USD and/or cryptocurrency) to provide early stage (seed) financing and mentoring to for-profit technology startups that have the potential to benefit humanity. Applicants have the opportunity to receive a portion of funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund. Given the current global climate and a dramatic shift to a digital world as a result of COVID-19, open-source solutions that address critical needs for society are as important as ever.
Requirements
UNICEF Innovation Fund are currently looking to invest in companies developing blockchain-based software solutions. Examples of areas of interest include, but are not limited to:
Finance
Financing enables individual people to participate in and contribute to various ecosystems.
Connect
Around the world, groups work together to deliver services. Increased transparency and accountability in these processes lead to better results
Empower
UNICEF supports the creation of open source software to ultimately enable communities with new tools.
Benefits
Seed funding
The Fund provides up to $100,000 in equity-free seed funding, in USD. The investment is intended for prototype testing and validation, and to get it to a stage where the company has proof that the solution works.
Crypto funding
Selected startups also have the opportunity to receive part of their funding in cryptocurrency. The UNICEF CryptoFund disburses funds in both bitcoin and ether.
Business Growth
The Fund taps into a network of mentors who help startup teams develop their business model and strategy to grow their company and ultimately profit.
Networks and platforms
UNICEF Ventures has a blockchain and computer science team with access to corporate partnerships and use cases that selected blockchain start-ups can benefit from.
Product and Technology Development
Investee’s receive technical assistance from the UNICEF Ventures team and dedicated expert mentors to help validate and improve their solutions.
Maximize impact
As the world’s leading organisation for children, UNICEF has a network of experts and partners across its Country Offices who can provide localized advice and partnerships needed to reach more users
How to Apply
Step 1) Check the general eligibility criteria:
- You must be registered as a private company in a UNICEF programme country;
- You are working on open source technology solutions or willing to be open-source under the following licenses or their equivalent: BSD, GNU, MIT (software), CERN, MIT, TAPR (hardware), or CC-BY (content);
- You have an existing prototype of the solution with promising results from initial pilots;
- Your solution has the potential to positively impact the lives of children.
Step 2) Read the full Request for Expressions of Interest document and FAQs
- Read the full Request for Expressions of Interest (REOI) document to understand the submission process and to learn more about the kinds of projects that qualify and how the scoring will be done;
- Read the FAQs;
- For any other questions, please submit through the form here.
Step 3) SUBMIT
- Submit your expression of interest by completing the form.
- All submissions must be made in English. If you wish to preview the questions to prepare your submission, view/download this PDF.
- To support your preparation, please note that the submission form also asks for a link to a 2-min pitch video. Detailed instructions can be found in the form.
For More Information:
Visit the Official Webpage of the UNICEF Funding Opportunity for Blockchain Startups