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The United Nations Children's Fund (UNICEF) is launching a program aimed at supporting tech startups. This program is likely to invest in startups and initiatives related to blockchain technology.
According to Christopher Fabian, UNICEF’s Innovation fund co-lead, the fund has raised $9 million. This money will be invested in educational products, infrastructure to facilitate access to services and data, as well as real-time information.
Startups willing to get financial backing from UNICEF should submit applications until 26 February. In order to participate in the program startups should have a team, working prototype product, description of project’s relevance to children and value of the intellectual property. Projects must be open source.
The aim of the UNICEF Innovation Fund is to invest in open source technologies for children, opening up new opportunities for the whole world.