Mercy Corps Crypto For Good Fund IV

Web3 Impact in Emerging Markets - $1 million equity free funding for startups

Deadline: December 20, 2024.

ABOUT THE FUND

The hype of blockchain for underserved populations in emerging markets has not yet been matched by the reality in these regions. While some use cases have emerged, most lack a clear baseline and measurable outcomes to build the business and impact case for these technologies.

We aim to close this ‘hype gap’ by identifying and supporting real world use cases for web3 to increase financial inclusion and climate resilience, to build the evidence base.

The Crypto For Good Fund supports startups and organizations operating in Africa, South and Southeast Asia, Latin America, the Caribbean, the Middle East, Pacific Islands, and Western Balkans, who apply Web3 and blockchain technology to build impactful solutions for underserved populations.

Priority focus areas include, but are not limited to:

  • Broader access – how can we onboard more people to financial freedom?
  • Programmable money – how can we leverage smart contracts to create efficiencies?
  • Locally-adapted solutions – how can we adapt web3 solutions to local contexts?
  • Humanitarian-aid delivery – how can we better serve the 299M in need of humanitarian aid?
  • Climate innovation – how can we promote and restore the environment alongside financial gains?

The Fund will provide equity-free grants of up to $100,000 to ten eligible startups.

Alongside capital, MCV will also provide mentorship, impact measurement advisory, access to partnership opportunities, knowledge exchange, and brand exposure.

ABOUT THE APPLICATION PROCESS

  • We anticipate this form to take 2-4 hours to complete
  • This form must be completed in English
  • We review applications on a rolling basis, so the earlier you apply, the earlier you will hear back from us
  • We recommend that you prepare your responses in a separate document to ensure you do not lose longer answers
  • Please check your spam mailbox regularly, as our messages regarding your application status might end up there.
  • After submitting your application, you will automatically receive a copy of your application to the email address you provided
  • If you have questions, review the FAQ (link below). If you have additional questions, join our webinar
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