1
Application
Submit Your Application through the portal
About Bloom
Through Project Bloom Kurdistan Regional Government provides loans of up to IQD 150 Million with low admin fees of 2% and no collateral requirements to established SMEs in the Kurdistan Region of Iraq. Loans will be disbursed by the Project Bloom’s partner private bank (Cihan bank).
Participating SMEs will benefit from free, tailored 1:1 consulting services through a business accelerator (Top Mountain). They will also be supported to open a business bank account.
Project Bloom Ownership:
Implementing Partners:
Project Bloom Ownership:
Implementing Partners:
Technical Partners:
Selection Process
The process from application to receiving a loan is estimated to take 6 months
2
Eligibility Check
MoLSA to check your business’s eligibility
3
Filtration
The partner incubator to select the top 25 businesses and prepare them for funding
4
Financial Assessment
The partner bank to analyse your business’s cash flow
5
Loan Approval
The partner bank disburses loans when approved