Unicef's Innovation Fund
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UN Invests $9m in 'Open Source' Tech to Aave Children's Lives
The United Nations will fund 60 startups to create open source technologies to improve the lives of children in developing countries. Unicef, the children's charity run by the UN, will channel more than $9 million into startups based on venture capital-style investing. But it isn't concerned if the companies fail. The money from Unicef's Innovation Fund will go to around 50 to 60 startups using open-source technology, and which have working prototypes. Each will get approximately $50,000 to help them grow. Companies have to be at an early stage and will be picked based on the strength of their teams, the work's relevance to children, and their future potential...
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Unicef Is Funding Blockchain and Health Tech to Solve the World’s Biggest Problems
The United Nations has announced the first five startups to receive investment through its its $9 million (£7.2m) innovation fund. Unicef, the UN's children's charity, will be giving seed funding to companies working to create affordable mobile connectivity, blockchain in childhood development, data collection in maternal care, and technology to help improve literacy skills. The funding comes as part of Unicef's Innovation Fund – launched in February – and will see the organisation put up to $100,000 into each of the five firms...
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