KAPITA launches a new co-working space in Baghdad dedicated to supporting Iraqi entrepreneurs KAPITA, in partnership with Iraqi Angel Investor Jafar Musawi (CEO of Atlas Plast), have opened up a new co-working space in Baghdad that aims to support the growing entrepreneurship and small business sector in Iraq. The newly opened space 'CoWork', is a […]
Tag Archives | start-ups
COVID-19 Dealt Heavy Blows to Iraqi Labour Market, Enterprises in 2020: IOM, FAO, ITC Study In early April, Iraq surpassed 900,000 COVID-19 cases. Necessary efforts to contain the spread of the virus throughout 2020 led to a reduction in economic activity; compounded by pre-existing economic challenges, drops in oil prices and the public health COVID-19 […]
Alsaree3, Iraq's Popular Food Delivery App, and Al Zajel, E-logistics Company, Close Second Round of Investment Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in late March 2021. Coordinated by Iraq Tech Ventures and Innovest ME, the round included prominent Iraqi investors such as Euphrates […]
The Station Foundation for Entrepreneurship is announcing its strategic partnership with Iraq's leading telecommunications company, Zain Iraq. This cooperation was brought out of a pressing need for collective cooperation amongst stakeholders; a vision both parties mutually share. Zain's expertise across the Middle East working on youth development coupled with The Station's great access to a […]
Orisdi, a leading e-commerce store in Iraq, has successfully raised a six-figure bridge round. Iraqi Innovators reports that the round was led by Innovest Middle East VC and a group of angel investors including Amar Shubar, Partner at Management Partners Consulting, and Omar Al-Handal, Managing director of Al Handal International Group. Orsidi was founded in […]
USAID and Top Mountain Announce 15 Iraqi MSMEs to Receive In-Kind Grants The United States Agency for International Development (USAID) and Top Mountain have launched a Business Accelerator Project to assist micro, small, and medium-sized businesses (MSMEs) in Iraq recover, develop, and grow their businesses. Today, Top Mountain announced the names of 15 Iraqi MSMEs […]
By John Lee. A detailed article by Alice Fordham, for NPR, details the emerging trend of Iraqis visiting the many ancient heritage sites of their homeland. Helping them engage with their rich culture is local startup Bil Weekend, founded by Ali Al-Makhzomy. Click here to read the full story.
By John Lee. Applications are now open for the Orange Corners Baghdad incubation program. If you have an innovative e-commerce idea or solution, this program will advance you in the entrepreneurial world in just six months. Orange Corners Baghdad supports Iraqi youth in bringing their entrepreneurial ideas to life. Through a six-month incubation programme, it […]
GE partners with Kapita to drive growth of Iraqi entrepreneurship ecosystem As part of its ongoing commitment to support Iraq and its people through the acceleration of socio-economic progress, GE has partnered with Kapita, a grassroots entrepreneurship organization to launch the 'Iraqi Microbusinesses' initiative - "Takaat" in Arabic. Through the new partnership, GE will support […]
By John Lee. Re:Coded, the non-profit organization providing free coding bootcamps and digital skills training, has announced that is it is re-launching Re:Coded House in Erbil with a new name and management. It has teamed up with the global tech non-profit Field Ready, who will take over the daily operations and re-name the facility Erbil […]
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 […]