Tag Archives | Micro- Small- and Medium-sized Enterprises Development Agency (MSMEDA)

Stakeholders Discuss MSME Development Policy for Iraq

By John Lee. The International Labour Organization (ILO), Iraq's Ministry of Planning (MOP), and the Italian Agency for Development Cooperation (AICS) have held a two-day conference to discuss the national Micro, Small, and Medium Enterprises (MSMEs) development Policy for Iraq by bringing together government entities, international organizations, employer and worker groups, and financial institutions to […]

Five One Labs Launches New Business Support Program

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 […]

IBBC hosts Iraq SME Conference

From the Iraq Britain Business Council (IBBC): IBBC hosted the sixth Iraqi SME conference at the Methodist Hall in Westminster. With over 40 companies visiting from Iraq and leaders of the chambers of commerce, the agenda was full and designed to meet their business and trading requirements from the UK. Baroness Nicholson opened the conference with […]

Winners announced in Agriculture Innovation Hackathon

By John Lee. The winners have been announced in the International Trade Centre (ITC)'s Agriculture Innovation Hackathon, held recently in Nineveh province. According to the organisers, Nineveh-based SMEs Nabu, BSF and Aero Plant stood out with their exceptional ideas for addressing the significant challenges of water scarcity and sustainable agriculture due to decreasing water levels […]

EU-Sponsored Conference to Empower Iraqi Youth and SMEs

By John Lee. The European Union Mission in Baghdad has held a conference focused on empowering youth and supporting small and medium enterprises (SMEs). According to a statement from the Ministry of Trade's media office, the conference saw broad participation from Iraqi youth, including students, entrepreneurs, and activists. The statement highlighted the Ministry of Trade's […]

ITC hosts Iraq National Trade Forum

By John Lee. With support from the government of Iraq, the International Trade Centre (ITC), a joint agency of the United Nations (UN) and the World Trade Organization (WTO), organized a two-day trade forum to help Iraqi businesses to identify and develop trade opportunities. The Forum was funded by the European Union (EU). According to […]

IOM, Germany supporting SMEs in Iraq

By John Lee. The International Organization for Migration (IOM) and the Government of Germany, through the KfW Development Bank, have launched the sixth phase of their ongoing partnership, aiming to create 1,100 new jobs in small and medium-sized enterprises (SMEs) in Iraq, via its Enterprise Development Fund (EDF) component. The program provides financial capital to […]

Funding Iraqi Entrepreneurs under the PROSPECTS Programme

The ILO, the Central Bank of Iraq and partners celebrate success of the financial Inclusion Initiative for MSMEs under the PROSPECTS Programme [EN/AR] Hundreds of loans have been disbursed to aspiring entrepreneurs and existing MSMEs through the project, contributing to the creation and retention of more than 1,200 job opportunities for Iraqi host communities and […]

New Alliance of Entrepreneurship-Focused Institutions in Iraq

The Iraqi Riyada Network for Access, Development, and Advancement (IRADA Network) was launched recently in Baghdad. It is the creation of a consortium of prominent institutions specializing in business development and entrepreneurship, including the RWANGA Foundation in Iraqi Kurdistan, Qaf Lab in Mosul, and Tafa3ul Hub from Basra. Institutions From Baghdad include Computiq, The Station, […]

The Underbelly of Iraq's 'Economic Boom'

By Hayder Al-Shakeri for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Underbelly of Iraq's 'Economic Boom' Most ordinary enterprises are forced to navigate an economic system […]