Tech for good accelerator Bethnal Green Ventures (BGV) is today welcoming 12 new startups into its ninth cohort, including a blockchain-based fundraising platform and VR rehab company.
Alice SI has been created to help charities use the blockchain to ensure ‘hyper-transparent philanthropy, where donors only pay for results’.
The funds are held on smart contracts on the blockchain, with the charity only able to access the money when they’ve demonstrated “success”.
The team behind Alice SI believe that this will “fix the loss of public trust” between charities and funders.
Immersive Rehab is one of the growing list of startups trying to put VR to good use in the healthcare sector. Its founder, Belgian Isabel Van De Keere, is creating immersive environments in virtual reality to help speed up the rehabilitation process for people who are unwell.
Although she does not yet have a working prototype, the researcher points to the success of the Walk Again Project in using VR to help people who’ve been paralysed.
Health and wellbeing startups made up the largest sector getting into the final 12, from 176 total applications.
That also includes BriteLives, which aims to make it easier for families to connect older relatives with local services, while Health Make Space seeks to pair clinicians in the NHS with startups that need their expertise.
Here’s the full list of teams making it into BGV this year, getting them £15,000 and 12 weeks of training for 6 per cent of their company.
BGV said that this year 56 per cent of all the founders that applied were women, far exceeding their representation in the wider tech community.
The B Corp organisation is backed by the UK Government Social Incubator Fund, Nominet Trust, Nesta and the Blackstone Charitable Foundation.