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.
Eligibilities
To be eligible:
Applicants must be registered as a private company in a UNICEF program country.
Be 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).
Must have an existing prototype of the solution with promising results from initial pilots.
Applicants’ solution should have the potential to positively impact the lives of children.