It is sadly well known that a lot of children in developing countries are deprived of the basic needs of education. Thus, they will not have the luxury to use technology while studying or learning anything in schools. UNICEF has taken up the initiative to start investing more in technology startups. This may help young learners get many facilities to continue learning in a better way.
This new initiative is part of its Innovation Fund, it seeks to develop projects that can make life better for unprivileged children across the globe. But before that, companies must meet a few requirements to qualify for UNICEF’s funding: the idea must be open source and have a working prototype. The tech behind it can be novel or improve an existing one.
The organization has already set the goals for its startups. UNICEF says the program’s goal is to help innovators take their work to the next level, so long as they meet certain functionality guidelines. And, the goals are –
- Products for youth under 25 to address a range of needs including learning and youth participation
- Real-time information for decision-making
- Infrastructure to increase access to services and information, including connectivity, power, finance, sensors, and transport
The Innovation Fund was launched last year and was a huge success. It has received $9 million in aid since last year. Hopefully, the new venture of UNICEF will also be a success. For application submission, the startups should apply by 26th February of this year, via the organization’s website.