Applications are currently invited for eligible candidates to apply for UNICEF Innovation Funding for Blockchain Startups 2020.
However, if you’re a startup working to make financial systems more transparent, Or are you exploring new models toward economic sustainability to empower communities, this Opportunity is for you.
Furthermore, applicants have the opportunity to receive a portion of funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund. Also 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.
What does the UNICEF Innovation Fund provide?
Interestingly, UNICEF Innovation Fund is currently looking to invest in companies developing blockchain-based software solutions. Examples of areas of interest include, but are not limited to;
Financing enables individual people to participate in and contribute to various ecosystems.
Around the world, groups work together to deliver services. Increased transparency and accountability in these processes lead to better results
UNICEF supports the creation of open source software to ultimately enable communities with new tools.
However, our funding is not necessarily limited to the above. We are interested in companies that use distributed ledger tech in new, groundbreaking, ways that are scalable, and globally applicable. If you are aligned with our general criteria, then then this opportunity is from you.
Benefits of UNICEF Innovation Funding for Blockchain Startups
Therefore, UNICEF Innovation Fund provide;
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.
Selected startups also have the opportunity to receive part of their funding in cryptocurrency. The UNICEF CryptoFund disburses funds in both bitcoin and ether.
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.
As the world’s leading organization 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
General Eligibility Criteria:
However, UNICEF Innovation Funding is open to currently looking to invest in companies developing blockchain-based software solutions. To be eligible you must;
1. Be registered as a private company in a UNICEF programme country;
2. Be 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);
3. Have an existing prototype of the solution with promising results from initial pilots;
4. Solution has the potential to positively impact the lives of children.
How to Apply
1. Submit your expression of interest by completing the form.
2. All submissions must be made in English. If you wish to preview the questions to prepare your submission, view/download this PDF.
3. 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.
Application Deadline: 11:59 PM ET July 26th, 2020 ($100K Equity-Free Investment)
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