Kurdify · Raise Tracker
Playbook All documents
Do this, in order

The raise, step by step

Every grant, credit, and legal document to file, in the order that keeps you non-dilutive first and fundable second. Check each step off as you go, your progress saves in this browser. Each step links straight to where you file it and to the exact Kurdify document to use.

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All steps checked. Now keep the data room current and send monthly investor updates.
Before step 1: refresh your traction numbers from the live stats endpoint before any application or send, and read the guardrails on the playbook (no deposit schemes, no private "fund"; a securities lawyer reviews anything before a signature or wire).
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Free money first

0% equity · now

Grants, cloud credits, and competitions. Take all of it before selling any equity. Answer packs for the online forms are prepared, only you can submit them from your own accounts.

  • Prep once: fill the shared answer pack

    Company name, one-line description, website, founder bio, stage. Reuse it across every form below.

    Grant & credit answer pack

  • Apply: Microsoft for Startups Founders Hubup to $150k

    Easiest and self-serve, no partner needed. Azure + OpenAI credits. Do this one first.

    foundershub.startups.microsoft.com

  • Apply: Google for Startups Cloudup to $350k

    Lead with the AI assistant to aim for the AI-startup tier. Gemini + Maps credits included.

    cloud.google.com/startup/apply

  • Apply: AWS Activateup to $100k

    Founders tier is self-serve; the bigger portfolio tier needs an accelerator (Five One Labs / Flat6Labs).

    aws.amazon.com/activate

  • Apply: Five One Labs (Erbil / Sulaymaniyah)

    The leading KRI incubator: programs, grants, investor network. Your #1 local door and a route to the AWS portfolio tier.

    fiveonelabs.org

  • Apply: KAPITA + Iraqi Angel Investors Network

    Ecosystem programs plus the organised angel network inside Iraq, your warm route to first local cheques.

    kapita.iq

  • Enter: MENA + global competitions

    Flat6Labs (MENA accelerator), Hult Prize ($1M), MIT Enterprise Forum Pan Arab. Non-dilutive prizes plus credibility.

    Flat6LabsHult PrizeMITEF Pan Arab

  • File: Canadian non-dilutive (via Kavalsia Inc.)

    SR&ED refundable R&D tax credits (file with the corporate return), NRC IRAP grants, Futurpreneur (founders 18-39), CanExport.

    Official forms directory
1

Set up the structure

months 1-2

The documents you must not skip. Do this before the first international cheque, flipping later is expensive. Get a startup lawyer here.

  • Engage a startup / securities lawyer

    They review everything before any signature or wire. Confirm Kavalsia's jurisdiction (Ontario vs federal) while you are at it.

  • Incorporate the holding company

    Delaware C-Corp (Stripe Atlas or Clerky) or UAE ADGM/DIFC, owning "Kurdify KRI". Certificate of incorporation + bylaws.

    Stripe AtlasClerky

  • Sign the founder IP assignment

    CRITICAL: all Kurdify IP moves from founder/Kavalsia into the holdco. Included in the Clerky / Stripe Atlas package.

  • Founder stock + vesting + 83(b) election

    4-year vesting, 1-year cliff. The 83(b) election has a hard 30-day deadline from incorporation, do not miss it.

  • Open the cap table (living record)

    Carta or Pulley. Today: founder 100%, no prior investment. Every future SAFE lands here.

    CartaPulley
2

Run the SAFE round

months 2-3

$500k target on a YC Post-Money SAFE at a $6.5M cap. Never collect into a personal account. Bundle small cheques through an SPV.

  • Finalise deck, data room, and the story

    Export the deck to PDF, assemble the data room, and open every conversation with the positioning narrative in order.

    PositioningPitch deckData-room checklist

  • Hand interested investors the term sheet

    One-page deal summary: instrument, cap, minimum cheque, no board seats, rolling close.

    Term sheet

  • Issue the Post-Money SAFE ($6.5M cap)

    Use the official YC document (lawyer-reviewed) for signing; the filled reference shows the exact terms. Add a Pro Rata Side Letter for cheques of $50k+.

    SAFE (filled)Pro-rata side letterYC official docs

  • Bundle small cheques into one SPV

    If 5+ small angels commit, pool them into one clean cap-table line through a licensed platform, never your own account.

    OdinAngelList Syndicates

  • Run outreach like a pipeline

    Warm intros first (Five One Labs, KAPITA, diaspora). Track the deck with DocSend; use the outreach templates.

    Outreach templates
3

Optional community round

months 3-4

Turn diaspora Kurds into owners, great for the mission and for marketing. Always through a regulated platform, never your own bank account.

  • Open an equity crowdfunding round

    Republic is the best fit for a global diaspora audience; Wefunder (US), Seedrs / Crowdcube (UK/EU).

    RepublicWefunder
4

Seed round

months 5+

Once revenue is live: a priced round with a MENA or Canadian VC at a higher valuation and less dilution.

  • Approach seed VCs

    500 Global, Wamda, BECO, Global Ventures, Shorooq (MENA); Canadian marketplace funds too. All want the holdco in place.

  • Use the NVCA priced-round set

    Term sheet, stock purchase agreement, investor rights, voting, ROFR, all lawyer-led.

    NVCA model documents

  • Always: send monthly investor updates

    The highest-ROI habit. Transparency from day one compounds into your next round.

    Investor update template
Binding guardrails: no deposit schemes and no private "fund" pooling (SPVs via licensed platforms only); traction claims real and dated; government/family connections for clean access only, never steering public money; a lawyer reviews everything before signature or wire.
Kurdify · Kavalsia Inc. · Founder tracker, internal. Not legal, tax, or investment advice. Programs and links change, verify each on the official site. Full guide: kurdify.app/invest.