By John Lee. Five One Labs has announced that Patricia Letayf, cofounder and former Director of Operations of Five One Labs, is rejoining the organization as its new Executive Director. Alice Bosley, current Executive Director, will be taking on a new role as the President of the Board of Directors. These leadership changes take effect […]
From Five One Labs: Five One Invest Launches Its First Annual "State of Investments in Iraq" Report Five One Invest, an initiative of Five One Labs, launches its first annual "State of Investments in Iraq" report to uncover bottlenecks and identify opportunities within Iraq's investment landscape. Over the past five years, Iraqi startup founders have […]
Five One Labs Launches New Business Support Program in Iraq in Partnership with the World Bank Group The World Bank Group and Five One Labs, an international startup incubator with operations in the Kurdistan region of Iraq, are partnering to spearhead initiatives supporting forcibly displaced related startups and micro, small, and medium-sized enterprises (MSMEs) in […]
By John Lee. Iraq-focussed startup incubator Five One Labs has issued its annual report for 2023. The report includes a look back over the past six years from the perspectives of founders Alice Bosley and Patricia Letayf, along with an overview of the organisation's new initiatives in Iraq. Click here to download the report. (Source: […]
From Five One Invest. Re-published with permission by Iraq Business News. Over the past few years, Five One Invest has worked closely with Iraqi founders and investors. The major complaint from growth-stage startups is that investors in Iraq are risk-averse and do not know "venture investing." On the other hand, investors emphasize that there is […]
By John Lee. Another prominent Iraqi entrepreneur and investor is reported to have been killed in the recent attack by Iran's Islamic Revolutionary Guard Corps (IRGC) on targets in Erbil. Syriac Press, which covers, "events related to the Syriac-Aramean-Assyrian-Chaldean people [in the region]", said: "Among those killed was Chaldean-Syriac-Assyrian businessman Karam Mikhail. Mikhail was visiting […]
New Leadership at Five One Labs Charts Exciting Path Forward in Iraq Five One Labs, a global startup incubator supporting frontier-market entrepreneurs, has recently announced the appointment of new Managing Directors for Iraq and the Kurdistan Region of Iraq. Savo Bakhtiar Rasoul, the new Managing Director for Ecosystem, and Shwan Ali Qaradaghi, the new Managing […]
By Timothy Motte, for The Realistic Optimist. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The timid but ambitious Iraqi startup scene Battered by decades of conflict and pervasive reliance on oil, Iraqi founders are trying to break the status quo. Click here to […]
By Winthrop Rodgers, for Rest of World. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why cash is still king in Iraq After decades of war, displacement, and sanctions, Iraq remains cut off from the global financial system. Click here to read the […]
From Five One Invest. Re-published with permission by Iraq Business News. ECOSYSTEM OVERVIEW The Iraqi startup ecosystem started with a bang this year. In Q1 of 2022, we witnessed an unprecedented $10.5M investment round (Baly) and $5M (TipTop). The excitement revolved not only around investment value but also around the investor profile. Specifically, Baly's round […]
From Five One Labs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. As part of its Speaker Series titled "Insider Perspective on Women Entrepreneurs in Iraq", 51 Labs has hosted a webinar with: Khadija Abdul-Nabi from Ya Khadijah Zahra Shah from Iraqi Innovators […]
SPARK and Startups Without Borders are hosting the Startups On The Move networking events, a series of ecosystem events happening in June, to connect entrepreneurs from diverse backgrounds with key ecosystem players in the Middle East. The events are part of the Startups on the Move incubation programme, launched with support from Google.org, which involves […]
