Deadline: 27th July 2023. | Frontier Tech Solutions is now accepting applications | UNICEF Innovation Fund
In order to provide early-stage (seed) funding to for-profit start-ups creating cutting-edge technological solutions that might improve the lives of the world’s most vulnerable children and youth, the UNICEF Venture Fund is seeking to make equity-free investments of up to US$100,000. We invite you to submit an application if your product is licensed as open source, has a working prototype, has proven outcomes, and is registered in one of UNICEF’s programming countries.
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Who is eligible to submit a letter of interest to the UNICEF Innovation Fund?
The UNICEF Innovation Fund team evaluates projects and recommends financing to the internal board. To be considered for funding, businesses must meet the following requirements:
- As a private firm, registered
- registered in a nation with a UNICEF program (see list here)
- working on (or prepared to be open source) technology solutions under one of the following licenses or an equivalent
(i) a BSD license for software,
(ii) a CERN license, hardware, and
- A CC-BY license for design or content, sometimes known as the third option (iii).
- A current open source solution prototype with encouraging outcomes from early pilots
- Potentially improving the lives of the most vulnerable children is the solution
- creating measurable, real-time data that is accessible to the public
What types of projects or businesses will the Innovation Fund fund?
i) The project is creating novel technology
ii) Project involves developing new technology while expanding or upgrading an existing platform or technology (i.e., it takes place where the technology is already in use).
iii) The project involves testing a new application or use case for already-existing technology; hence, very little new technology will be created and used in the same location.
