Orange Corner Innovation Fund

OCIF is a program designed to empower young entrepreneurs in emerging markets by providing financial support, mentorship, and capacity-building.

The program aims to support early-stage startups by providing funding, mentorship, and training, fostering entrepreneurship, and contributing to economic development and job creation.

Main Benefits

7 Year Program

Q4 2024 – Q4 2030

Startup Investment Readiness

Tailored activities to address startups’ needs

Pre-Investment Grant

Up to $10,000 provided to startups to support key areas of growth.

Prototype Vouchers

$2,500 allocated to each participant to develop their product/service for market fit

10 COHORTS

20 Entrepreneurs in each cohort

Investor Mobilization

Activities that introduce Iraqi’s ecosystem to local, regional and international investors

Loans and Financing

$12,000 loan provided to startups to support key areas of growth.

Co-Investment Grants

Up to $10,000 non dilutive capital for every startup that successfully raises capital

Supported by

Unlocking Investment Opportunities

Our comprehensive program focuses on three key pillars to enhance your investment attractiveness and mitigate risks for potential investors:

Learn What Investors Want

Understanding the investor mindset.
Creating a scalable business model and a compelling value proposition.
Understanding Safe and Convertible notes.
Developing a pitch deck with essential metrics (growth metrics, financial health, market potential).
Organizing a data room for due diligence.
Identifying and avoiding common pitching mistakes.

Grooming The Top 10 Finalists

Pitch Deck Refinement
Data Room Setup: Use Google Drive for easy access and secure management, creating a folder structure that is organized and investor-friendly.
- Pitch Deck: Finalized presentation for pitching events.
- Financial Statements: Income statements, cash flow projections, and balance sheets.
- Business Plan and Strategy Documents: Including go-to-market plans, competitive analysis, and product development roadmap.
- Financial Projections and Loan Payback: Provide clear, data-backed financial projections and, if relevant, a scenario for loan repayment.
Pre-Investment Grant Usage: Detail how any previous grants have been utilized, showcasing efficient and strategic use of prior funds.

Selection of 3 to 5 startups

Advanced investment readiness need assessment and capital raise blueprint
Pre- investment grant
Interest free Loan
Co-investment grant
Governance and finance as pre-requesite to raising capital

Join Scale Iraq and take your startup to the next level.

Collaboration

OCIF is supported by the Kingdom of the Netherlands and implemented by Iraq Venture Partners.