In terms of legal entities there are only two types: the for profit and the non-profit. There is no such thing as registering as a social enterprise in Iraq. Most of the initiatives undertaken by Baghdadi youth are either for profit enterprises, which are small businesses and do not have a social cause included in their business model. On the other hand there are many community projects without any additional funding source.
Baghdad: The Ecosystem
impACT Pop-Up & impACT Chat
Baghdad: The Launch
On the 13th of October 2018, the impACT Baghdad Conference was successfully launched at The Station in Baghdad, Iraq. impACT Baghdad brought together Iraqi entrepreneurs and youth aspiring to learn more about social entrepreneurship. Out of 150 participants. The aim of impACT was to highlight the topic of social entrepreneurship and support entrepreneurs to meet and discuss new avenues of cooperation and support. Participating organisations were AGHAEZ, GIZ, World Merit, Framea and Philia.
Experts and Practitioners
Safa Fadhil Al-Sultani
Iraqi Microfinance Network
The impACT Baghdad team undertook research in Baghdad and in Basra in order to determine gaps and opportunities for social entrepreneurs in regards to the three aspects of the Power Triangle Model: networks, resources and knowledge.
In an exhibition fifteen exhibitors showcased their initiatives and ventures that have a social impact in Baghdad and beyond. The teams invited participants to learn more and to get inspired by what is possible in terms of social impact.