Deadline: March 8, 2022
UNICEF Venture Capital Fund and Giga call for blockchain-based software solutions to build capacity and empower communities
The UNICEF Venture Capital Fund, in collaboration with Giga, is seeking up to $100,000 in capital-free investments (in cryptocurrency) to provide early-stage (seed) funding and mentorship to startups for-profit technologies that have the potential to benefit humanity.
Applicants will receive funding in cryptocurrency (bitcoin or ether) through our recently launched CryptoFund. Given the current global climate and a dramatic shift to a digital world as a result of COVID-19, open source solutions that meet critical societal needs are more important than ever.
Through this call for proposals, we are looking for blockchain solutions that can solve problems in a variety of portfolios, including youth, climate change, learning, and humanitarian portfolios. These portfolio areas include priority solutions that improve accountability in service delivery and policy; empowering and actively involving young people; improving equity in access to connectivity and the digital world; and increase and improve funding flows.
UNICEF Innovation Fund Opens Application for Blockchain Startup Requirements
Projects are assessed by the UNICEF Innovation Fund team and recommended for funding to the internal board. Businesses must meet the following mandatory requirements to be considered for funding:
- Registered as a private company
- Registered in a UNICEF program country (see list here)
- Work on open source technology solutions (or want to be open source) under the following licenses or their equivalent:
- (i) for software, a BSD license,
- (ii) for the hardware, a CERN license and
- (iii) a CC-BY license for the design or content, a CC-BY license
- An existing prototype of the open source solution with promising results from initial pilots
- The solution has the potential to positively impact the lives of the most vulnerable children
- Generate publicly exposed and measurable real-time data
i) The project develops a new technology
ii) The project extends/improves the existing technology/platform (i.e. it will be in a location where the technology is used but will involve building new technology)
iii) The project is a new pilot application/use case for existing technology (i.e. little or no new technology will be built and it will be used in the same place)
Step I: Check Eligibility
Interested companies are required to verify the eligibility of the Innovation Fund
Step II: Submit Application
Interested companies are required to submit an application online through the Fund’s website. You must provide the information and supporting documents indicated in the form.
Step 3: Submit a 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) stage.
Stage IV: Demonstration interview
After careful review, shortlisted companies at the RFP stage are invested in for an online demo interview. This is typically a 30 minute interview with the Innovation Fund team and experts from our technical teams.
Stage V: final result
Based on a comprehensive evaluation of the application, tender and interview, the Innovation Fund makes the final investment decision and notifies all selected companies.
For more information: Visit the official webpage of the UNICEF Innovation Fund Call for Blockchain Startups