Unicef offers $100k Fund for Drone StartupsVenture Central email@example.com
The Unicef Innovation Fund is looking to make up to $100K equity-free investments to provide early stage (seed) finance to for-profit technology start-ups that have the potential to benefit humanity through the use of drones.
They are currently looking to invest in a group of companies developing drone solutions, including; software to collect, share and analyse data from UAVs (for low-connectivity areas); software to manage flight and delivery operations; business models and sustainable drone services in emerging markets and air safety, risk management tools and Unmanned Traffic Management (UTM) Systems.
In addition to funding, startups will receive technical assistance from the UNICEF Ventures team to help validate and improve their solutions.
To apply startups must be registered in one of UNICEF’s programme countries and have a working, open-source drone prototype or service (or you are willing to make it open-source) showing promising results.
Source: SME South Africa