VR (Virtual Reality) and AR (Augmented Reality) technologies can be used to solve real human problems. By providing new, immersive ways of accessing data they can enhance our learning experience, expand our understanding of complex systems and improve how we interact with one another.
What we are looking for:
The UNICEF Innovation Fund is looking for start-ups that are developing and piloting new open source VR/AR solutions. We are looking to make investments in 1) software for authoring or consuming these new realities, 2) platforms and ways providing wider access to that software, 3) platforms and ways providing better tools for content creation (such as a template, workflow, or format), and 4) particular applications of content.
- For our next VR/AR cohort of investees we are particularly interested in the following applications of content:
- Understanding complex environments
- New ways of storytelling
When to apply?
Applications to the Fund are accepted on a rolling basis. However, to be considered for the VR/AR-focused cohort, we ask you to submit your application by September 17, 11:59pm EDT.
Who can apply?
Start-ups registered in one of UNICEF’s programme countries and have a working, open source prototype (hardware, content or software). Check out eligibility criteria for the Innovation Fund under www.unicefinnovationfund.org/#/submit and find an overview of the process here.
The Fund provides early-stage seed funding to start-ups with a strong team and a clear path to impact on children’s lives. For this cohort, we are looking for startups with a working VR/AR prototype (hardware, software or content).
What does the UNICEF Innovation Fund provide?
- Seed funding: The Fund provides $50-90,000 in equity-free seed funding.
- Product and technology development: Receiving investment from the Innovation Fund also provides access to the UNICEF Innovation Ventures team.
- Growing your business: The UNICEF Venture Fund taps into a network of mentors and advisers who can help you develop your business model and strategy.
- Maximising impact for children: As the world’s leading organisation for children, UNICEF has experts across its Country Offices and partners who can advise on the development of your solution, how to assess its impact and partnerships needed to reach more users.