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HTC Vive Launches $10 Million VR Fund For Social Good

The program is dedicated to show how virtual reality can lead to positive impact in support of the United Nation’s sustainable development goals.

Unveiled at the World Economic Forum in Davos, Switzerland, HTC announced the launch of a $10 million VR fund for content and technology that will create positive impact and change.

In support of the United Nation’s Sustainable Development Goals, that include universal calls to action to end poverty and protect the planet, HTC is hoping that VR can be a catalyst for change and open up opportunities for creators to develop impactful ideas.

htc-vive-impact-fundIn what HTC is calling their “VR for Impact” program, the Taiwanese-based company is committing $10 million dollars to industry partners and content developers to create experiences that improve awareness, education, and lead to action. This will likely include development of VR content as well as development of content using the Vive tracker.

“HTC Vive will fund the best ideas using Virtual Reality that truly drive awareness and positive change in our world,” said Cher Wang, Chairwoman and CEO, HTC. “We encourage all players in the VR eco-system to join as only together can we drive real impact.”

htc-vive-impact-fund2Starting today, VR for Impact will be calling for ideas at its website: https://www.vr4impact.com.

The first winning projects will be announced on “Earth Day” April 22, 2017.

In addition, HTC announced that on Thursday, January 19th at the United Nations WFP Tent, Vive will be demonstrating special VR experiences that allow participants to step inside the shoes of others as they face some of humanity’s biggest challenges and inspire you to see how storytelling, education and creativity of mankind can be reimagined.

About the Scout

Jonathan Nafarrete

Jonathan Nafarrete is the co-founder and editor-in-chief of VRScout.

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