Qatar SportsTech, a QDB accelerator, hosts angel investor bootcamp

Encouraging SportsTech industry investment in Qatar

  
  • Led by David Stern, top sportstech investor, the bootcamp will bring together aspiring angel investors interested in exploring the sportstech market 
  • The workshop will provide valuable insights, investment decision-making and the latest in sports technologies

Doha: - Qatar SportsTech (QST), a leading startup accelerator founded by Qatar Development Bank (QDB), has announced the opening of applications for an Angel Investor Bootcamp to be held virtually on May 24th and May 25th, 2021.

In line with QDB’s mission to develop, grow and diversify Qatar’s private sector, QST initiated this bootcamp to further enhance sportstech startups in the country by empowering investors and driving interest towards the rapidly growing industry. QDB is committed to strengthening the economy of innovation, rewarding its talents, and multiplying the number of stakeholders to foster innovation, and help the most promising startups reach their potential, achieving the goals of Qatar National Vision 2030.

QST is powered by Startupbootcamp, and supported by the Supreme Committee for Delivery and Legacy, Qatar Stars League, beIN Media Group, MBK Holding, Aspire Zone Foundation, Qatar Financial Centre, and the Ministry of Commerce and Industry

The Angel Investor bootcamp will educate new and seasoned investors interested in the sportstech industry with QST support and access to its sportstech startups base. The purpose of the 2 days-long bootcamp is to help local and international industry experts learn how to invest in startups and kick off their investment journey with QST. The bootcamp will also bring esteemed local and international angel investors into the QST network, providing them with an opportunity to meet and collaborate with the startups under Qatar SportsTech umbrella.

The first day of the bootcamp will launch with a virtual panel discussion at 18:00 Doha time on 24 May, titled ‘Investment and Innovation in SportsTech', where esteemed industry experts from Qatar and the region will discuss the role of technology in transforming the world of sports and how heavy investments are fostering innovation in the sportstech industry. This will be followed by a workshop, conducted by David Stern, a renowned angel investor experienced with sports and sportstech industries, which will offer participants insights on angel investment, the sportstech market and its main players and challenges and where the facilitators will share their own experiences, providing a hands-on approach to angel investors in sportstech.

The second day of the bootcamp will serve as a networking platform for sportstech investment professionals and will facilitate the encounters between potential investors and startups from QST’s portfolio seeking to raise capital. Investors will be able to watch notable members from QST’s alumni network and current cohort pitch and can make their first investment in QST’s startups.

The ever expanding Qatar Sportstech portfolio comprises of successful and innovative startups with a global reach, including ComeTogether, who have sold their blockchain-powered ticketing system to major live festivals and created a HealthPassport app to help the Greek government combat the Covid-19 pandemic and allow individuals to safely go back to events; FATE Esports who is working with Uber Eats International gaming tournament “eLigue 1” that will be taking place in Qatar, Brazil, Japan, Ivory Coast, Morocco and the United States; GYMCraft, already valued at over USD $7.3M and partnering with international conglomerates Samsung and Precor; and Sponix, whose technology has been used in major international competitions such as UEFA Euro 2020 and Champions League, by major broadcasters like Benfica, RMC Sports and BeIN Sports, as well as by the leading football clubs.

The online applications for aspiring investors are open here and the form to sign up for the panel discussion is available here. For more information, please visit https://qatarsportstech.com/ 

-Ends-

For more information about QST or the press release, please contact:
Joumana El Naggar
Marketing Manager, Qatar SportsTech
Mobile: +974 5518 2882
Email: joumana@startupbootcamp.org 

Learn more at:
Website: www.qatarsportstech.com
Instagram: www.instagram.com/qatar.sportstech
LinkedIn: www.linkedin.com/showcase/qatarsportstech  

About Qatar SportsTech

Qatar SportsTech is a leading accelerator program, initiated by Qatar Development Bank and operated by Rainmaking Group, focused on growing the SportsTech sector in Doha. As part of the Rainmaking Group, a global venture builder and creator of Startupbootcamp, the program helps SportsTech startups scale globally through direct access to an international network of mentors, partners, and investors.

For more information, visit www.qatarsportstech.com  

About Startupbootcamp

Founded in 2010, Startupbootcamp is a global network of innovation programs with locations in many key strategic hubs around the world. They run over 20 accelerators every year providing growth-stage startups with direct access to an international network of the most relevant mentors, partners, and investors in their industry.

For more information, visit www.startupbootcamp.org 

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.


More From Press Releases