Latest news with #Netaj
Iraq Business
6 days ago
- Business
- Iraq Business
Netaj deal with Haeiz to Support Iraqi Entrepreneurs
By John Lee. Netaj, an Iraqi platform for innovation and entrepreneurial support, has announced a series of strategic partnerships, " aimed at enabling thousands of Iraqi youth to enter the e-commerce space with the tools and support they need to succeed. " Among the most notable collaborations is one with Haeiz, which it describes as a leading digital retail platform that will support aspiring entrepreneurs by helping them build online stores, receive marketing and technical training, and access the market effectively. The deal was signed at an event held recently in Baghdad, which brought together private sector leaders, senior government representatives, ambassadors, diplomats, and experts from across economic and technology sectors. The event also highlighted the progress of Nawat, Iraq's first Venture Studio, launched by Netaj earlier this year. According to a statement from Netaj, Nawat currently supports over 40 startups across various sectors and is building a dedicated $2 million investment fund to accelerate their growth. Dr. Wissam Mattout, CEO of Netaj, said: "At Netaj, we are committed to empowering youth and businesses through practical tools and real investment. We don't just fund - we build complete support systems that include training, mentorship, planning, and market access. We believe digital transformation starts with people." (Source: Netaj)
Iraqi News
7 days ago
- Business
- Iraqi News
Baghdad's Netaj unveils new push to boost Iraqi startups
Baghdad ( – Netaj, a Baghdad-based innovation firm, hosted an event in Baghdad focused on advancing Iraq's e-commerce sector and digital economy. The event brought together government officials, private sector representatives, diplomats, and technology experts to address sector challenges, including infrastructure, payment systems, and regulation. Netaj introduced a set of new initiatives aimed at supporting young Iraqi entrepreneurs and small businesses. Among them is a partnership with Haeiz, a digital retail platform that will offer tools, training, and support to help launch and manage online stores. The event also highlighted the progress of Nawat, a venture studio launched by Netaj earlier this year. Supporting over 40 startups, Nawat is building a $2 million fund to provide capital and operational support for early-stage businesses. These efforts form part of a broader strategy to expand access to digital tools and strengthen the foundations of Iraq's growing online economy.
Zawya
21-07-2025
- Business
- Zawya
Netaj reinforces its leadership in e-commerce through strategic initiatives and national partnerships
Baghdad, Iraq — Netaj, Iraq's leading platform for innovation and entrepreneurial support, reaffirmed its deep commitment to building the future of e-commerce in the country during a high-profile event held on July 16, 2025 in Baghdad. The event brought together a distinguished group of private sector leaders, senior government representatives, ambassadors, diplomats, and experts from across economic and technology sectors. Mr. Ghaleb Al-Hussaini, Chairman of the Board at Netaj, stated during his opening remarks: 'Netaj is not just a platform for supporting entrepreneurship; we are a strategic partner in building Iraq's digital economy. We provide a comprehensive environment that combines investment, capacity building, and hands-on guidance to help startups and high-potential businesses grow and compete.' A Platform for National Dialogue and Policy Coordination The event witnessed broad participation from high-level officials who highlighted the core challenges facing Iraq's e-commerce sector, particularly around infrastructure, digital payments, and regulatory frameworks. They stressed the importance of developing a national roadmap through public-private cooperation. The event was also attended by representatives of major companies such as Super Cell, leading banking institutions, and official delegations from the French and Dutch Embassies. Also present were notable tech influencers and government leaders, including Dr. Nawfal Abu Ragheef, President of the Iraqi Communications and Media Commission (CME). A standout contribution came from Dr. Hassan Al-Khatib, Digital Transformation Advisor to the Prime Minister, who underscored the government's active efforts to bridge the gap between young Iraqi entrepreneurs and local investors. He emphasized that digital empowerment and entrepreneurship are two pillars of Iraq's long-term sustainable economic development strategy. Dr. Wissam Mattout, CEO of Netaj, added: 'At Netaj, we are committed to empowering youth and businesses through practical tools and real investment. We don't just fund — we build complete support systems that include training, mentorship, planning, and market access. We believe digital transformation starts with people.' Strategic Partnerships to Empower Youth and the E-Commerce Sector As part of the event, Netaj announced a series of strategic partnerships aimed at enabling thousands of Iraqi youth to enter the e-commerce space with the tools and support they need to succeed. Among the most notable collaborations is one with Haeiz, a leading digital retail platform that will support aspiring entrepreneurs by helping them build online stores, receive marketing and technical training, and access the market effectively. 'Nawat': Capital + Capability = Sustainable Growth The event also highlighted progress under Nawat, Iraq's first Venture Studio, launched by Netaj earlier this year. Nawat currently supports over 40 startups across various sectors and is building a dedicated $2 million USD investment fund to accelerate their growth. The Nawat model combines investment, capacity development, and operational infrastructure, giving Iraqi entrepreneurs a safe, professional environment to transform their ideas into scalable businesses. About Netaj Netaj is Iraq's premier platform for building a fully integrated ecosystem for entrepreneurship, e-commerce, and innovation. Through investment programs, training, mentorship, and strategic partnerships, Netaj helps startups and SMEs grow and scale both locally and regionally — contributing to the development of a strong, resilient digital economy in Iraq.
Iraq Business
24-06-2025
- Business
- Iraq Business
Netaj Launches Nawat: "Iraq's First VC Studio"
By John Lee. Netaj -- a Baghdad-based innovation firm that offers venture support, strategic consulting, and capability-building for entrepreneurs and institutions -- has announced the official launch of Nawat, which it describes as the country's first-ever Venture Capital (VC) Studio. According to a press release, Nawat is designed to identify, support, and invest in high-potential Iraqi startups through a tailored 6-month journey that combines mentorship, product development, market access, and funding readiness. Wissam Mattout (pictured), CEO of Netaj, said: "Nawat is a movement to reimagine how startups are built and backed in Iraq. We are bridging the gap between raw talent and structured capital, offering founders a launchpad to scale both locally and globally. "For too long, Iraqi entrepreneurs have had to build in isolation. Nawat will equip them with the expertise, tools, and capital they need, not just to survive, but to lead the next wave of innovation in the region." The studio is open to 40 startups, segmented across three tracks: Ideation stage MVP/Prototype stage Early-established startups Each startup receives customized support, including expert-led bootcamps, one-on-one consultations, mentorship from industry veterans, and direct access to investors through demo days and curated matchmaking. "This is Iraq's moment," said Mattout. "If we want to build serious startups, we need serious infrastructure. Nawat is the missing puzzle piece - designed for founders, by founders." Nawat offers a hybrid investment model, combining: In-kind investment (product development, branding, digital tools) valued between $10K-$25K. Direct financial investment ranging from $25K-$250K using convertible notes or equity. Netaj aims to invest in the top 5 to 10 startups that demonstrate traction, scalability, and founder commitment to operational growth. (Source:
Iraqi News
23-06-2025
- Business
- Iraqi News
Netaj launches Iraq's first VC studio to boost local startups
Baghdad ( – Netaj, an innovation platform in Iraq, has officially launched Nawat, the country's first-ever venture capital (VC) studio, marking a major milestone in the nation's startup ecosystem. Based in Baghdad, Nawat will support 40 Iraqi startups through a six-month, hands-on program combining mentorship, product development, market access, and funding. The studio operates in three stages: ideation, MVP/prototype, and early-stage startups, providing tailored bootcamps, one-on-one guidance, and investor connections. 'Nawat is a movement to reimagine how startups are built and backed in Iraq,' said Wissam Mattout, CEO of Netaj. 'We're bridging the gap between raw talent and structured capital.' Startups will benefit from a hybrid investment model, including in-kind support valued at $10K–$25K and direct funding from $25K–$250K. Netaj plans to invest in the top 5–10 ventures showing high scalability and founder commitment.
