Tag Archives | MSMEs

Reflections on Investments in Iraq’s Tech Ecosystem

By Alice Bosley and Patricia Letayf, Co-Founders of Five One Labs. Reflections on Investments in Iraq’s Tech Ecosystem 2019 showed an exciting development for Iraq's entrepreneurial ecosystem: the investments in two Iraqi tech startups - e-commerce company Miswag, which received investment from Iraq Tech Ventures, and Lezzoo, the first Iraqi startup to join Silicon Valley’s […]

Govt Finance Schemes to Support SMEs, Innovation

Iraqi government’s finance schemes to support SMEs and business innovation To support small and medium private-sector projects, the Iraqi government, through the Central Bank of Iraq (CBI) and with the participation of a number of private and state-owned banks, has made available several types of loans. The loans are available to all Iraqis. According to […]

Start-Up Competition in Baghdad

By John Lee. Forty-five start-ups have presented their projects to a jury at a competition in Baghdad. They were selected from an initial list of 250 applicants, with a final 20 being chosen to participate in the Orange Corners incubation programme. Orange Corners Baghdad is an initiative of the Dutch Embassy in Baghdad, and is […]

Top Mountain, USAID launch Business Incubator

Top Mountain in partnership with USAID is launching a business incubator and employment program. The goal of the program is to promote economic growth and increase employment opportunities to support minorities from Ninewa targeted by ISIS. Program activities will focus on achieving three core objectives designed to support this goal. Firstly, outreach campaigns will be […]

Small Projects bring life back to Mosul

From the International Committee of the Red Cross (ICRC): Small projects bring life back to the streets in Mosul Various small and medium businesses in the Old City of Mosul are supported by the International Committee of the Red Cross as life gradually returns to the streets and people resume their lives. Some business owners […]

Startups in Iraq "to Multiply Rapidly"

Top Mountain LLC hosted the first annual Business Canvas Erbil conference which was attended by 120 participants and took place in the Dedeman hotel. The conference was funded by the European Union and German Federal Ministry for Economic Cooperation and Development through GIZ. The event was also sponsored by GroFin Iraq, a financing organization that […]

SMEs can Transform Emerging Markets such as Iraq

The Iraq Britain Business Council (IBBC) has hosted a dinner in honour of Mr Xavier Rolet, CEO of the London Stock Exchange Group. After dinner, Mr Rolet spoke about the transforming power of Small and Medium-sized Enterprises (SMEs), particularly in emerging markets such as Iraq. He said that SMEs can spearhead profound societal change in […]

How can a Tech Sector Contribute to Iraq’s Economy?

By Hal Miran, Editor-in-Chief, Bite.Tech. Tech has grown in prominence as a key sector in global economic health. It is now commonly accepted that an economy in which entrepreneurs have the freedom and resources to create and innovate tend to perform much more robustly. Intriguingly, one study on the effect of tech on a country’s […]

The Growth of the Iraqi Tech Ecosystem

By Hal Miran, Editor-in-Chief, Bite.Tech. It might be surprising to know that the region of the Middle East has become a blossoming entrepreneurial, tech startup hub. From Jordan to Lebanon and Iran to Egypt, the region has made significant progress with innovation driving tech startup growth. Israel has more startups per capita than anywhere else […]

New LinkedIn Group to Promote SMEs in Iraq

By Padraig O'Hannelly. A new LinkedIn group has been created to help promote new businesses in Iraq. The Iraqi Crowdsourcing Group is dedicated to Iraqi entrepreneurship, projects, business ideas, solutions to problems Iraqi startups face, and innovation to ensure that successful and efficient new businesses are created. It has been set up by Aziz Al […]