The UNICEF Venture Fund is looking to make up to US$100K in equity-free investments to provide early-stage (seed) funding to for-profit start-ups developing frontier technology solutions that can positively impact the lives of the world’s most vulnerable children and youth.
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If your product is registered in one of UNICEF’s programme countries, is a working prototype, has demonstrated results, and is (or could be) open-source licensed, they encourage you to apply.
Eligibility Criteria
Only entities that fulfill these mandatory requirements will be eligible:
- Registered as a private company.
- A private company registered in a UNICEF programme country.
- Working on open source technology solutions (or willing to be open source) under the following licenses or their equivalent:
- for software, a BSD license,
- for design or content, a CC-BY license
- An existing prototype of the open source solution with promising results from initial pilots.
- Solution has the potential to positively impact the lives of the most vulnerable children.
- Generating publicly exposed real-time data that can be/is measured.
Offered Benefits
- Selected companies will receive $100,000 Equity Free Funding
Application Process
Go to United Nations Children’s Emergency Fund (UNICEF) on form.jotform.com to apply
- Step I: Check Eligibility: Interested companies are required to check the eligibility of the Innovation Fund.
- Step II: Submit Application: Interested companies are required to submit an online application through the Fund website. You should provide the information and supporting documents indicated in the form.
- Step III: Submit Request for Proposal: The Innovation Fund reviews all applications and notifies companies of the decision. Shortlisted applicants are invited to submit a detailed proposal, this is called the Request for Proposal (RFP) step.
- Step IV: Demo Interview: After a careful review, companies shortlisted at the RFP step are invested for an online demo interview. This is usually a 30 minutes interview the with Innovation Fund team and experts from the tech teams.
- Step V: Final Result: Based on a complete assessment of the application, RFP and interview, the Innovation Fund makes the final investment decision and notifies all selected companies.
Apply Here
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