UNICEF’s $5.6m Innovation Fund targets impact investments for the youth

Chris Fabian, co-lead of UNICEF Innovation Unit, is addressing a meeting at the UNICEF global innovation summit in Helsinki.

The UNICEF, with its $5.6-million Innovation Fund targeted at making venture investments in impactful startups, believes that new technologies are the driver for change for those who are the most vulnerable around the world.

UNICEF’s Global Innovation Centre and the Innovation Fund were launched in May this year, with a total funding of $9 million by that time. Founding members of the Innovation Fund, which currently holds $4 million, include The Walt Disney Company and the Government of Denmark. The Finnish government has also put in a sum of 1.5 million euro ($1.6 million) in the Innovation Fund. 

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