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Orange Corners Erbil: the regions new hope for entrepreneurs and startups

Posted on 15/08/2023
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mselect is incredibly proud to announce our involvement with Orange Corners Erbil, where we provide training and support to Iraq's entrepreneurial ecosystem.

Who are Orange Corners?

Orange Corners is an entrepreneurial program launched by the Netherlands' Ministry of Foreign Affairs, aiming to empower young entrepreneurs and startups across African, Asian, and Middle Eastern countries. It focuses explicitly on generating support for innovative solutions to local challenges that help achieve the UN Sustainable Development Goals.

 

By partnering with stakeholders and local and international organisations, Orange Corners is centring its support delivery to 16 countries. These include:

 

       Algeria

       Angola

       Bangladesh

       Côte d'Ivoire

       the Democratic Republic of the Congo

       Egypt

       Ghana

       Iraq

       Jordan

       Morocco

       Mozambique

       Nigeria

       Palestine

       Senegal

       South Africa

       and Sudan.

How is Orange Corners delivering on sustainable goals for the UN?

Working with the private sector has allowed Orange Corners to drive fundamental change in these regions. With the growing support of local and national governments, projects like this can tackle several UN Goals, namely, Decent Work and Economic Growth and Industry, Innovation, and Infrastructure. The impact of this also contributes towards Zero Hunger and No Poverty goals, particularly in poorer economic regions.

 

Private sector backing is incredibly important here. Not just because it affords financial support but because of the wealth of knowledge and skills. Every successful private company was started by someone learning their craft as an entrepreneur - these are vital lessons for students.

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Orange Corners in Iraq

In Iraq, private sector development has gained momentum in recent years, particularly after 2003. We have seen improved GDP, employment rates, economic infrastructure, and a diversification of our income sources beyond oil, historically our main revenue stream.

 

Entrepreneurship and startups play a significant role in country-wide gains as one means of private sector development. Entrepreneurial ventures contribute to the overall GDP of the country, stimulate job creation, and enhance economic infrastructure. They bring innovation, new technologies, and novel business models, fostering economic diversification and resilience.

 

By promoting entrepreneurship and supporting startups, countries like Iraq can unlock new sources of income, reduce reliance on a single industry, and foster a more vibrant and sustainable economy.

How mselect is providing support to Orange Corners in Erbil

As the leading development agency provider in the Kurdistan Region of Iraq, mselect has had a long history of supporting local communities; as such, we are proud to assist Orange Corners in Erbil.

 

Orange Corners Erbil has three different projects.

Project 1: The Incubator Program

The Orange Corners Incubator Program started in 2020, and so far, we have hosted five cohorts, with a sixth in progress now. Throughout these six cohorts, we have supported 105 startups.

 

Each incubator includes training, mentorship, networking, and financial support, delivered by panels, masterclasses and special mentorship sessions.

Project 2: Entrepreneurship Student Ambassador Project (ESAP)

The ESAP program is a new initiative launched by Orange Corners Erbil to promote entrepreneurship in public and private universities in the Kurdistan region.

 

The project aims to engage university students as ambassadors for the incubation program and provide them with the necessary tools and resources to help them realise their dreams.

 

We currently have six admitted ambassadors in five different public and private universities who support their universities' entrepreneurial ecosystem through university tours, panels, and related workshops.

Project 3: Orange Corners Alumni Club

After graduation, the beneficiaries of Orange Corners will gain access to the Orange Corners Alumni Club. This is a support network of fellow graduates from the ambassador and incubator programs. The fellowship aims to continue learning through panel discussions and masterclasses or by providing opportunities through an elect group of our media partners.

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Help for entrepreneurs and startups outside of the Orange Corners programs

In addition to the ESAP, Orange Corners Erbil now hosts a series of public sessions to deliver more help to our region's entrepreneurial ecosystem. These sessions include Masterclasses, Narnj Talks, and SheTalks events aimed at helping people and communities take that critical next step in their economic freedom.

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mselect's commitment to Orange Corners Erbil

mselect is dedicated to supporting the success of Orange Corners Erbil with our founding partner Asiacell and sister companies, including Careem, Rwanga Foundation, Grofin, Rudaw, Mena Associate and Flat6Labs. Our commitment is long-term, and we can help make significant strides in advancing entrepreneurship and innovation here in Iraq.

 

If you would like to learn more about the programs, please contact us today.