Elryan And Five One Labs Launch Entrepreneurship Festival

This festival, which aims to highlight the rich Iraqi startup ecosystem while supporting its entrepreneurs, will continue through November

Kurdistan Region of Iraq - Oct 2022 - Five One Labs, an international startup incubator that helps talented entrepreneurs from conflict-affected areas, is proud to partner with Elryan, the leading online retailer in Iraq, for an inaugural Summer Entrepreneurship Festival. This festival produces a series of activities tailored to local entrepreneurs, aiming to both bring attention to and continue to expand the Iraq startup ecosystem. 

The festival, which launched earlier this summer, will span until mid-November with rich programming including speaker series, start-up bootcamps, and virtual and in-person programming to highlight existing startups and develop entrepreneurs’ skills. Recent festival highlights included a speaker series focused on investment, as part of the Five One Invest initiative, and a startup bootcamp focused on agricultural businesses. 

“The entrepreneurial ecosystem in Iraq is full of innovative ideas to strengthen the private sectors, especially these entrepreneurs collaborate and support each other forward,” said Alice Bosley, Five One Labs’ Co-Founder. “We are thrilled to work with Elyran to launch the Summer Festival, which continues our mission to support startups and innovators in Iraq to find new ways of adding value to their community.”

The collaboration aims at reaching the diverse members of Iraq’s growing ecosystem with the goal of 150 participants over the different activities covered.

"As one of the foremost employers of young talent in Iraq, Elryan is pleased to partner with Five One Labs to inspire and support entrepreneurs in building new businesses that contribute to the Iraqi economy and create opportunities for others." said Sari Altotonchi, Head of E-commerce at Elryan.com.

About Elryan

Elryan.com was launched in 2014 with a single purpose: giving customers the right products at the best price, delivered to their door within 24 hours, anywhere in Iraq. As the first company to launch an online marketplace in Iraq, we have always been passionate about innovation and strive to provide international standards of service to our customers. To learn more visit www.elryan.com/en/about-us

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