It is becoming increasingly certain that the public sector is no longer capable of running the bulk of economic activities in Iraq. Also thanks to corruption no investment capital is coming into the country while all wealth created by the few through corruption is leaving the country searching for safer countries. This leaves us with unbelievable high levels of unemployment. The solution in RiTS's opinion is through intensive entrepreneurship and depending on the know-how, access to technology and wealth of Iraqis outside Iraq to help produce profitable startups by the young Iraqi youth. RiTS has many plans to rejuvenate the Iraqi economy with entrepreneurship. Here is a summary of initiatives so far. 1. Iraqi Crowdsourcing Group- established Oct 2016. With large membership. A gathering of all those interested in Iraqi entrepreneurship. https://www.linkedin.com/groups/10318903/2. Noah's Ark- established 2017. Iraq's only public entrepreneurship online hub. http://noah-ark.org/3. Iraqi Diaspora Network- Established in 2020. A gathering of change makers living outside Iraq. https://www.linkedin.com/groups/12468395/4. Iraqi Angel Investor Network- Established 2019 https://www.linkedin.com/groups/8818028/5. Iraqi AI Network- Established in 2021, gathering of young Iraqi AI enthusiasts. https://www.linkedin.com/groups/9029184/6. Iraqi University Ecosystem- Envisioned in 2020 and currenly being implemented with universities of Technology, Tikrit. More universities to follow. This ecosystem aims at reaching zero unemployment among the graduate communities. https://www.linkedin.com/groups/12486045/ https://www.linkedin.com/groups/9159569/For more details on all of the above, please visit our Youtube Channel: https://www.youtube.com/channel/UCteTWkA9_ok2v6kFoRexelw/videos
Social Link - Linkedin: http://www.linkedin.com/company/rits-riyada
Keywords: business consulting & services