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Unicef Is Funding Blockchain And Health Tech To Solve The World’s Biggest Problems

Unicef Is Funding Blockchain And Health Tech To Solve The World’s Biggest Problems

by The Daily Eye Team November 16 2016, 11:56 am Estimated Reading Time: 0 mins, 36 secs

The United Nations has announced the first five startups to receive investment through its $9 million (£7.2m) innovation fund. UNICEF, the UN's children's charity, will be giving seed funding to companies working to create affordable mobile connectivity, blockchain in childhood development, data collection in maternal care, and technology to help improve literacy skills. The funding comes as part of Unicef's Innovation Fund – launched in February – and will see the organisation put up to $100,000 into each of the five firms. The companies picked to receive backing from UNICEF are SayCel (from Nicaragua), mPower Social Enterprises Ltd (Bangladesh), 9Needs Pvt Ltd (South Africa), Innovations for Poverty Alleviation Lab (Pakistan), and Chatterbox Dating Mobile (Cambodia).

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