UNICEF through the UNICEF Innovation Fund is looking to make up to US$100,000 non-equity investments to startups that are using data science, machine learning, artificial intelligence or similar technologies to build solutions that have the potential to benefit humanity.
The startups should be applying deep learning to analyze satellite imagery and automatically map infrastructure such as schools, health centers, roads or cell towers, using digital footprints from sources like social media or mobility patterns to understand public space or exploring ML/AI techniques to help us better understand the physical world that we live in and its rapidly changing environments.
UNICEF’s Innovation (Venture) Fund is a non-thematic, pooled fund specifically designed to finance early stage, open-source technology that has the impact of benefitting the most vulnerable children; focussing on the on solutions in frontier technology spaces, such as: blockchain, UAVs, virtual and augmented reality, machine learning, quantum computing, genetic engineering, Internet of Things, artificial intelligence, nano-satellites and human dynamics.
Last year, Tunisian startup, Utopixar was among five companies from around the world that secured investment from the UNICEF Innovation Fund.
Interested startups should 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) and have an existing prototype of the solution with promising results from initial pilots.
The Fund will provide up to US$100,000 in equity-free seed funding in addition to receiving technical assistance from the UNICEF Ventures team to help validate and improve their solutions.
Interested startups that are registered as private companies in a UNICEF programme country can apply here before the deadline which is on February 28th, 2019.
Image Credits: UNICEF