From UNDP Iraq: Discovering Beyond the Known During 2020: Innovative Approaches from UNDP Accelerator Lab in Iraq The UNDP Accelerator Lab (AccLab) in Iraq has shared 100 local innovations with the world to support the role of local communities innovations in accelerating development. Click here to read the full article.
The Iraqi Angel Investors Network (IAIN) announced its third facilitated investment into startups in Iraq. The members of the network; Amar Shubar and Jaafar Al Musawi, along with other co-inventors, have made a six figures investment into Hi-Express. In addition, the investment was partially matched by a USD 20,000 in grants from the Deutsche Gesellschaft […]
The 94 local winners of the Seedstars World Competition (SSW) 2020 have been announced and maintenance service startup Fix-it is set to represent Iraq in the next round of the competition. From the MENA region, 18 startups are set to compete for a spot at the Global Finale, where the grand prize is $500K in […]
"Roadmap 2 Startup Iraq" is a guide for every entrepreneur in Iraq to register their start-up legally and know from A to Z the requirements of registration. It will show you why you need to register your start-up, from reservation of the name to the memorandum of association and beyond, including addresses and contacts of […]
Five One Labs, a start-up incubator for Iraqi and Syrian entrepreneurs based in the Kurdistan Region of Iraq (KRI), has launched Five One Invest, an investment initiative that creates more efficient deal-making and matchmaking opportunities for local investors and increases access to capital for entrepreneurs as they scale. Five One Labs co-founder Alice Bosley said: […]
Iraq's First Business Accelerator Is on the Hunt for the Next Big Thing! Takween, Iraq's first business accelerator, has announced that applications for its first cohort are now open. The 12-week program will run online with 10-15 innovative, growth-stage Iraqi ventures, and end with a virtual demo day where startups will pitch their ideas to […]
By Aymen Salman, for The Station. Re-published with permission by Iraq Business News. As the impact of the health and economic crisis ravages, the world start-ups are trying to overcome the economic difficulties they face; these projects face an existential threat that has damaged many companies around the world. Despite the pessimistic circumstances, we can […]
By Ali Al-Makhzomy, for The Station. Re-published with permission by Iraq Business News. Five One Labs recently hosted an online Start-up Showcase to celebrate the graduation of their first-ever Arabic incubator program in c. Over 90 attendees joined the event from Iraq, Germany, USA and other places. Ten of the entrepreneurs gave brief overviews of […]
By Aymen Salman, for The Station. Re-published with permission by Iraq Business News. During this worldwide pandemic, Entrepreneurs have to face a new reality. Whether a vaccine or a cure will be found for this virus or won't, we are hearing a lot of voices about the world and ecosystem after COVID-19. Considering the fact […]
This article has been originally published in the GIZ magazine 'akzente' at https://akzente.giz.de/en/artikel/iraqs-digital-innovators. It is reprinted here by kind permission of GIZ. A new generation of young Iraqi entrepreneurs are confronting the country's challenges, even during the coronavirus pandemic. Text und Fotos: Olivia Cuthbert The streets are eerily silent in Mosul's old city. A fierce […]
By Safa Fadhil, Head of Exploration and Sundus Abass, Gender Advisor at UNDP Iraq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. This year marks the 20th anniversary of the UN Security Council (UNSCR) Resolution 1325, which helps to ensure women are on the […]
In Iraq, a country most recognized for its oil production, it's the micro - small - and medium-enterprises (MSMEs) that bring life and colour to the streets. Despite being the 'small' players in business, the private sector (excluding oil) accounts for close to 60% of employment, with MSMEs active in the widest range of sectors […]
