UNICEF Venture Fund for Startups to improve the Health, Nutrition, and Mental Health of Children
The UNICEF Venture Fund is looking to invest in Open Source frontier technology solutions that have the potential to create radical change in children’s health, nutrition, and mental health. We are offering up to US$100K in equity-free funding for early stage, for-profit technology start-ups that can improve the lives of children.
If your company is leveraging cutting-edge technologies such as artificial intelligence (AI), machine learning (ML), data science (DS), drones, blockchain, or extended reality (XR), we want to hear from you! We are specifically seeking companies registered in one of UNICEF’s programme countries that have impressive working prototypes and a commitment to Open Source licensing.
The Challenge
Every child has the right to survive and thrive.
The COVID-19 pandemic has had a negative impact on global health, nutrition and mental health indicators for children. It has also amplified the persistent inequities in access to quality healthcare, especially in low- and middle-income countries.
Factors such as where a child is born, their gender and their household’s socio-economic status greatly influence their survival and overall wellbeing. Challenges like distance, cost, trust and lack of medical supplies or trained personnel also make it difficult to access quality care.
As we emerge from the pandemic, it’s crucial to enhance the skills and capacity of frontline workers, especially in fragile contexts and vulnerable populations to strengthen health (including immunization), nutrition and mental health.
Nurse Rosemary Raikekeni speaks to children while washing her hands during a visit to bring COVID-19 vaccines and other essential health services to remote Kuvamiti village in East Guadalcanal, Solomon Islands.
UNICEF/UNI412957/Neil Nuia – WHO
Every child, regardless of their abilities, socioeconomic status, or circumstances, deserves the care and support necessary for their growth and wellbeing. However, millions of children do not have access to essential health services, particularly in regions where health systems are not adequately equipped. Shockingly, one out of every five children in low- and middle-income countries remain vulnerable to vaccine preventable diseases, with a disproportionate number coming from the poorest and most marginalized communities.
Nutrition-related non-communicable diseases account for nearly half of all deaths and disability in low- and middle-income countries. The triple burden of malnutrition also remains unsolved. For example, childhood overweight and obesity now co-exist with other forms of malnutrition and disproportionately affect those whose households have lower socio-economic statuses worldwide.
As a result, health systems are overburdened from entirely preventable diseases and families encounter further economic strain as a result of poor health.
Finally, the pandemic has highlighted the need for better access to mental health services. Today, it is estimated that 10-20% of children and adolescents worldwide experience mental health conditions, and 1 in 4 children have a parent with a mental illness.
Factors such as poverty, violence and crises further jeopardize children’s well-being, and persistent stigma and discrimination exacerbate suffering. Globally, suicide is among the leading causes of death for adolescents. Urgent action to increase investment, improve access, and foster compassionate societies is needed.
What we’re looking for
UNICEF’s innovation portfolio approach prioritizes addressing the most challenging problems faced by children and young people through nine thematic portfolios, including maternal, newborn, child & adolescent health, nutrition,
mental health, youth, and humanitarian response to reach the most vulnerable populations.
These portfolios prioritize solutions that strengthen systems in remote and low or no connectivity areas, improve access to data, skills and services, and empower and actively engage young people.
UNICEF’s Venture Fund is currently looking to invest in companies that are developing software solutions using frontier technologies such as blockchain, drones, data science, artificial intelligence, machine learning, or extended reality to strengthen systems for health, including mental health.
Some of our most pressing questions include, but are not limited to:
Upskilling frontline health workers for maternal, child and adolescent health.
How to Apply
For more information and job application details, see; UNICEF Venture Fund for Startups to improve the Health, Nutrition, and Mental Health of Children