About Baghdad
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. impACT was launched in Baghdad, in October 2018. The event brought together key stakeholders from the Iraqi startup scene.