UNICEF Innovation fund has targeted startups with open source technologies over the past 4 years. The intention is to create digital public goods. The fund keeps exploring innovative ways to support founders, such as the creation of a cryptocurrency denominated fund in 2019.
The crypto fund has thus far supported 8 startups with 125ETH each and aims to invest in more humanity-aligned innovative ventures from emerging markets this year. African crypto/blockchain innovations are encouraged to compete for the funds.
The last UNICEF investment round involved two blockchain startups: Mexico-based OS City that issues blockchain-based government assets, and India-based StaTwig a blockchain supply-chain tracker startup. The fund aims to ensure that 50% of its future investments are female-led and meet their diversity and inclusivity targets.
UNICEF Crypto Innovation Fund accepts applications from:
- Private companies registered in UNICEF-member countries
- Must be working on open source technology
- Working prototype with working results from early pilot phases.
- The solution can positively impact young children
If your innovation offers a solution to challenges around data transparency, financial transparency, connecting people together through decentralization, empowerment, distributed ledger technology, and much more, your application will stand out.
Find out more on UNICEF