Investing in Iraqi Startups
We are looking to support the development of the private sector in Iraq by deploying our capital and expertise into exciting Iraqi startups and SMEs. We look for committed, ambitious and commercially driven entrepreneurs. We partner with you to help you leave your dent in the Universe.
Our Investment Values
We look for committed and ambitious founding teams
We pay special attention to the founding teams of our investments as we believe their abilities are key to determining the outcome of our investment. We look for founders from all backgrounds and demographics. We focus on founders that are driven, commercial and have the commitment required to build a successful business in Iraq.
To address large markets with differentiated local solutions
We are looking for teams that are looking to solve large problems with addressable markets above USD 100m. We look for solutions that cater to the local demand and use differentiated approaches (operations, technology, revenue models) to address their markets.
Using commercially viable business models and looking to make an impact
We are looking for founders with commercially viable solutions that clearly understands the numbers behind the business and have a clear path to profitability. We prefer businesses that go beyond just commercial profit and look to make a lasting social impact.
The Investment Process
1. Application form is submitted online.
2. Review the application and decide whether to proceed or not.
3. A call is set up to speak with the company and the team.
4. Due diligence of the company.
5. Investment analysis of the company.
6. Investment Memo is presented to Investment Committee.
7. Deliverable presented to Angels.
8. Final negotiations with the Company.
Investors will have access to all startups applications including those declined by the investment team of the network.
Open Pitch Day
The network will hold events where startups can pitch directly to the public and the angels
1. Submit your documents to the network.
2. You will be notified if selected to present.
3. Present for the angel group.
Required Documents:
- •Pitch Deck (please share your presentation separately if its different than your pitch deck)
- •Executive summary (max 3 pages) highlighting the key aspects of your business
- •Overview of the funds you are looking to raise, type of fund and their uses
- •Founders bios and CV's