Qatar business incubator center celebrates virtual demo day for 14th batch

Twelve start-ups presented their projects to investors, experts and aspiring entrepreneurs

  
Qatar business incubator center celebrates virtual demo day for 14th batch

Doha: Under the theme “Qatar’s Fastest-Growing Startups, Your Next Smart Investment”, Qatar Business Incubation Center (QBIC), the largest and pioneering mixed-use business incubator in the Middle East and North Africa (MENA) region founded by Qatar Development Bank, celebrated its second Virtual Demo Day.

Twelve graduating start-ups from QBIC’s Lean Entrepreneurship Program and Lean Accelerator Program, presented at their projects before a panel of experts, angel investors, aspiring entrepreneurs and stakeholders. This cohort i.e. the 14th batch of graduates from the aforementioned programs, had received weeks of training, guidance and counseling from the different teams in the incubator.

Hosted by Mr. Mahmoud Al-Mahmoud, Entrepreneurship Adviser, the Demo Day was held at the Bedaya Center, and was sponsored by the incubating partner, Ooredoo Network, and the entrepreneurship ecosystem partners, Qatar Financial Center, Doha Tech Angels, Mansour Bin Khalifa Holding Group and Snoonu.

The start-ups that qualified and presented are: Caffeine, Cybergy, iFor Build, Smart Shuttle, Souqti, StopOver, StoryDeck, The Real State CRM, Vastry, VOP, Faserly, and Sparets. Each start-up was given a three-minute window to present their project, followed by a Q&A session with the panel of experts.

Commenting on this event, Mr. Hamad bin Dashin Al-Qahtani, Director General of QBIC, said, "QBIC, and QDB of course as our founding organization, was and still is the first and largest supporter of entrepreneurship in Qatar. We strive year after year to develop our programs and incubators to accommodate the largest possible number of start-ups and SMEs to serve our vision and that of our beloved country, Qatar. We strive to achieve excellence in this area in line with our goal to achieve the diversification of the local economy and also to help Qatari companies access local, regional and international markets.”

This year, QBIC has prepared a website dedicated to Demo Day, where investors, aspiring entrepreneurs and experts are able to view the list of participating start-ups and organize virtual meetings with the startup-owners. The site can be accessed via demoday.qbic.qa. 

It is worth noting that, despite the graduation of these start-ups, QBIC will stay in touch with them to continue providing them with advice and guidance in order to ensure the existence of a robust business ecosystem and provide a sustainable business environment for entrepreneurs in the State of Qatar.

To learn more about the event, please visit demoday.qbic.qa

-Ends-

About QBIC:

Qatar Business Incubation Center (QBIC) is one of the largest specialised mixed-use business incubators in the Middle East and North Africa (MENA) region. QBIC empowers committed entrepreneurs to start and grow companies by incubating, developing, connecting and investing, and QBIC is dedicated to the long-term success of entrepreneurs.

QBIC’s flagship initiatives are based on the proven Lean Methodology framework, which helps transform innovative ideas into startup businesses. This is delivered through a variety of programs, namely the Lean Startup Program, an entrepreneurial programme that provides a real world, hands-on learning experience on how to successfully start a company. In addition to this, QBIC offers the Lean Acceleration Program, designed for high-potential businesses to increase their investment readiness. QBIC also offers several specialized programs catering to specific growth domains, such as Lean Manufacturing Program and Lean Coach Program.

www.qbic.qa 

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