Blockchain

Story: Receive Funding + Support in USD using ChainLink (LINK) Solutions

By James Thorp

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The UNICEF Innovation Fund provides early stage funding and support for frontier technology solutions which benefits children and the world.

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ChainLink Official Channel Expressed:  “Congratulations UNICEFInnovate on welcoming its new cohort of startups focused on building open-source blockchain solutions to…

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Reportedly, The UNICEF Innovation Fund announces 7 new startups who are developing open-source, blockchain-based solutions toward greater financial inclusion.

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The new cohort will be receiving equity-free investments in USD and/or cryptocurrency through the UNICEF Crypto Fund and year-long mentorship with UNICEF’s technical and…

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This round of investments points to the first time a cohort is receiving both USD and cryptocurrency as well as the first cohort with more than 50% of the companies being…

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The startups are Xcapit(Argentina), Grassroots (Kenya), Somish Blockchain Labs (India), BX Smart Labs (Mexico), Leaf Global FinTech (Rwanda), Rumsan Associates (Nepal) and…

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For more clarity, “The CryptoFund is pooled fund of Bitcoin and Ether. It is a part of UNICEF's Innovation Fund, with the distinction that investments made through the CryptoFund…

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UNICEF Innovate supports new group of companies - startups focused on “projects benefiting children.”

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Startups need funds for product development, building a business model, and user testing suitable for their assessment.

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The constitution of the Unicef Innovation Fund consists of:  “UNICEF Ventures team’s tech expertise, UNICEF Ventures team’s networks, UNICEF Ventures team’s platforms.”

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Startups receiving support from “UNICEF Innovation Fund” will get access to the tech expertise, team networks, and platforms to get all the help they need to complete their…

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The mentors make use of the “business model and strategy around open source technology” to grow their company profits and ultimately grow their profits.

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Apart from financial investment, startups and UNICEF Country Offices get technical assistance from the UNICEF Ventures team and also dedicated expert mentors to help validate and…

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Connecting with partners will provide valuable expertise in product development. Also, Startups will be able to leverage UNICEF Ventures’ dedicated Data Science team, which hosts…

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