CBI Launches Programme to Boost Youth Entrepreneurship

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CBI Launches Programme to Boost Youth Entrepreneurship

The imperative financial institution of Iraq (CBI) has launched the “Knights” [Al Fursan] programme, a regionally-developed initiative aimed at fostering teenagers entrepreneurship and helping the non-public sector’s role in national financial development.

The launch occasion, held at the CBI’s headquarters on 25 June 2025, was attended by means of Governor Ali Mohsen Al-Allaq, who emphasized the financial institution’s dedication to empowering young marketers and contributing to Iraq’s GDP boom thru modern initiatives.

Al-Allaq cited that recent reforms in Iraq’s banking region now permit greater help for earnings-producing small and medium-sized corporations (SMEs), which might be essential to sustainable non-public zone improvement.

The “Knights” programme affords:

get entry to to real funding possibilities for young marketers;
Eligibility-primarily based get admission to to soft loans;
A guide framework to ensure the sustainability of promising ventures and prevent undertaking failure.
during the occasion, a group of young individuals showcased their tasks, demonstrating an information of market call for and available sources. The programme is anticipated to draw more marketers in the destiny and generate new employment opportunities.