The UNICEF Innovation Fund is looking to make USD 50-90,000 equity-free investments to provide early stage (seed) finance to for-profit technology start-ups that have the potential to benefit humanity.
If you’ve got a start-up registered in one of UNICEF’s programme countries and have a working, open source prototype (or you are willing to make it open-source) showing promising results, the UNICEF Innovation Fund is looking for you.
– 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 (software), CERN (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.
- Seed funding. The Fund provides USD 50- USD 90,000 in equity-free seed funding. The money is intended for prototype testing and validation, and to get it to a stage where the company has proof that the solution works.
- Product and technology development. Selected startups will receive technical assistance from the UNICEF Ventures team to help validate and improve their solutions
- 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.
- Data networks and platforms. UNICEF Ventures has a dedicated Data Science team hosting and sharing data platforms, and with access to corporate partnerships and use cases that selected start-ups can benefit from.
- Maximize impact. As the world’s leading organization for children, UNICEF has a network of experts and partners across its Country Offices who can provide geographically localized advice and partnerships needed to reach more users.