Enterprise Development Fund Innovation is part of the broader EDF framework, designed to exclusively target ‘innovation’ supporting entrepreneurship and job creation for youth, as well as technology and digital start-ups and early stage businesses.

The tech and start-up industry in Iraq is still at a nascent stage and represents an underexplored market segment in Iraq. Supporting businesses to nurture innovation and explore new ways of thinking about business management opens up blue ocean markets that can create and absorb young, innovative jobseekers and entrepreneurs.