Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, hosted its Iraq round this Friday, at The Station, where 8 selected startups were invited to present their companies in front of the local jury panel. The local winners were chosen for their innovative sustainable solutions on their different fields. The […]
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Iraqi Co. for Financing SMEs Tops $26m in Loans
By Editor on 7th May 2012 in ‘Your Country’ – United States, Iraq Banking & Finance News, Iraq Industry & Trade News
This week the United States Government, through the U.S. Agency for International Development (USAID), will reach a significant milestone in its efforts to support Iraqi businesses. Loans extended by Iraqi Company for Financing Small and Medium Enterprises (ICF-SME) to develop or expand small businesses will reach a total of $26 million or ID 30.18 billion. […]
Tags: Ashur International Bank, Baghdad Bank, Basra International Bank for Investment, Gulf Commercial Bank, Iraqi Company for Financing Small and Medium Enterprises (ICF-SME), Iraqi Middle East Bank for Investment, Mosul Bank for Investment and Development, MSMEs, National Bank of Iraq, North Bank, Sumer Commercial Bank, U.S. Agency for International Development, USAID, USAID-Tijara Provincial Economic Growth Program
USAID Awards Loans to Displaced Iraq Business Owners
The first round of loans, funded by the U.S. Embassy and disbursed through USAID-Tijara Provincial Economic Growth Program, was awarded this week in Erbil, marking the formal launch of the Iraqi Vulnerable Groups Support Initiative (IVGS). IVGS Initiative will extend small and medium enterprise loans to qualified Iraqi entrepreneurs who have been displaced by civil […]