Mercy Corps Launch Crypto for Good Fund 2022| The Mercy Corps is launching a new Crypto for Good Fund of $1 million to test and support blockchain-based solutions for people who are currently low-income and/or unbanked. Up to 10 social enterprises will receive up to $100,000 in grant funding to test their pilot projects applying decentralized finance and blockchain technology to build financial inclusion solutions for users in emerging markets. Read Through.
Mercy Corps Launches $1M Fund to Test Blockchain Solutions for Financial Inclusion.
Mercy Corps Ventures (MCV) is looking for startups, small and medium enterprises (SMEs) and social enterprises in Africa, South and SouthEast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, and Western Balkans, who innovatively apply decentralized finance (DeFi) and blockchain technology to build financial inclusion solutions for un/underbanked and low-income users.
Related:
- Africa Green Grant Empowerment 2022 (Eleven Eleven Twelve Foundation )
- Youth in Agrifood Export Development Program (YAEDP)
- Africa No Filter’s Grants (Up To $25,000)
- UNESCO Silk Roads Youth Research Grant 2022 (Get Up To $10,000)
Solutions can include, but are not limited to:
- Coins / Tokens
- NFTs
- Digital wallets
- Lending protocols
- Digital ID
- DAOs
- Smart contracts
Benefits
- The Fund will provide an equity-free grant of between $25,000 and $100,000 to ten eligible startups, to run their pilot over a six month period in 2022.
- Alongside capital MCV will provide mentorship, impact measurement advisory, access to partnership opportunities, knowledge exchange, and visibility via their communications channels.
Eligibility
- Applicants must be early-stage startups leveraging blockchain to deliver financial inclusion solutions to low-income and/or un/underbanked users;
- Have active users and commercial revenue;
- Be an entity registered and operating in the country of pilot.
- Pilots can operate in Africa, South and Southeast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, Eastern Europe or Western Balkans.
How To Apply:
It is anticipated that the application form should take 2-4 hours and must be completed in English. Prepare your responses in a separate document to ensure you do not lose longer answers if you close the form before submitting.
For more Details, visit Crypto For Good Fund.
Application Deadline: April 15, 2022