Application Open For UNICEF

Application Open For UNICEF

Application Open For UNICEF Innovation Fund Opportunity For AI Startups – The UNICEF Innovation Fund is looking to make up to $100K equity-free investments to provide early stage (seed) finance to for-profit technology start-ups that have the potential to benefit humanity.

If you’ve got a startup using machine learning (ML), data science (DS), or artificial intelligence (AI), registered in one of UNICEF’s programme countries, and have a working, open source prototype (or you are willing to make it open source) showing promising results, the UNICEF Innovation Fund is looking for you.

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Application Open For UNICEF Innovation Fund Opportunity For AI Startups

FAQs

Eligibility

Can a university submit an expression of interest for the fund?

No. Only private companies are eligible.

Can I submit an expression of interest for funding for a school/university project if I’m a student?

Individuals cannot submit expressions of interest. The entity submitting an expression of interest needs to be a legally registered company. If the funding is awarded, the university is accountable for all the contractual responsibilities with UNICEF.

Do I have to have a degree or a university qualification to qualify?

No. UNICEF will assess the suitability of the team and key personnel to implement the project. The team members’ formation and experience in similar projects will be an asset for the expression of interest.

What if the business does not have a certificate of incorporation? What if my company is not registered? Can I still submit an expression of interest?

Only a registered company can submit an expression of interest. We recommend approaching a start-up incubator or accelerator in your region. Often times they will be able to help you with the incorporation process.

If I am a non-profit/NGO can I submit an expression of interest for the fund?

NGOs or CSOs are not eligible to submit an expression of interest for funding through this investment vehicle. If you are a NGO or CSO working on a great prototype, we suggest you to approach UNICEF country office in your country to learn about other funding and partnership opportunities available.

How do I determine if my venture is at startup phase?

You have an active prototype – it works. You are in a stage where you need a small amount of money to get it to the stage where you can prove it works to other people. Maybe you need to hire another developer or two, or get design help to communicate what your project can do.  Maybe you need some server space. Refactoring something into a new language because what you first wrote it in won’t scale. Testing it in a new area.  Getting some data points. These are not huge financial investments, but they are what the Innovation Fund can help with, to accelerate your work.

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If my company is located in an industrialized country and if my solution is to be used in an emerging economy, can the company submit an expression of interest?

The company that submits the expression of interest needs to be registered in a UNICEF programme country. If the company is partnered with companies in the countries where the product or service will be used, it is recommended that the expression of interest be submitted by the partner company registered in the UNICEF Programme Country. If selected, the company that participated will enter into a contractual agreement with UNICEF.

Is it possible for NGOs to apply in collaboration with companies?

In this case the company should be the entity submitting the REOI. The companies submitting the REOI are asked to list partners and advisors and it is possible to list an NGO as partner. UNICEF will issue Institutional Corporate Contracts to the successful applicants and it is the company that bears all the contractual responsibilities vis a vis UNICEF.

Can a firm submit multiple proposals?

An eligible company can submit more than one expression of interest for different projects. Each will be assessed independently based on the criteria. The funding cap will be applied to each application.

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How To Apply

To Apply, Click https://www.unicefinnovationfind.org

*Female-founded startups are encouraged to apply.

Application Deadline: 2nd August, 2021

Application Open For UNICEF Innovation Fund Opportunity For AI Startups

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