The Scale Iraq initiative has sponsored five Iraqi startups—Sindibad, Dofied, Corrsy, Homele, and Kawnter—to participate in the Bridge Baghdad program. The program was organized by KAPITA, a key player in Iraq’s business development sector, in partnership with the Kingdom of the Netherlands through the OCIF initiative. This move underscores a growing effort to connect Iraqi entrepreneurs with regional and global opportunities.
Fostering Growth and Investment Readiness
The sponsorship is a core component of Scale Iraq’s vision to empower local startups and create a conducive environment for them to scale beyond national borders. By supporting initiatives like Bridge Baghdad, Scale Iraq aims to enhance investment, facilitate access to critical resources, and connect founders with networks that support sustainable growth. The program focuses on building bridges for collaboration and opening up new avenues for innovation within the Iraqi entrepreneurial landscape.
A Strategic Bridge to Saudi Arabia
A significant element of the initiative is a strategic partnership with Value Makers Studio (VMS), a venture builder based in Saudi Arabia. This collaboration is designed to forge stronger ties between the Iraqi and Saudi business ecosystems, creating clear pathways for Iraqi startups to expand into the Saudi market, one of the most prominent and dynamic economies in the region.
About Scale Iraq
Scale Iraq is an investment readiness program managed by Iraq Venture Partners. It is designed to help Iraqi entrepreneurs develop their startups’ internal capabilities and grow their market presence to attract local and international investments. The program recognizes and aims to bridge the significant funding and market access challenges faced by emerging companies in Iraq.
About KAPITA
KAPITA is a private sector business development group dedicated to driving growth across Iraq’s economy. Through its specialized programs and market access initiatives, KAPITA supports startups, SMEs, and investors, playing a vital role in building a robust and dynamic private sector in the country.
Source: Iraq Venture Partners
