Qatar, Doha: Scale7, the first fashion and design business incubator in Qatar- founded by Qatar Development Bank (QDB) in partnership with M7 – has opened for applications to the Incubation Program, the organisation’s pioneering business incubation, training and mentorship initiative.
The Incubation Program offered by Scale7 is designed to offer workshops, coaching and mentorship to a number of selected startups. The program envisions to support designers during the idea stage with a Minimum Viable Product (pre-revenues) through coaching sessions in order to test their ideas and receive feedback before the market launch. The best performing startups will be shortlisted for the acceleration program.
The Incubation Program enriches the current fashion ecosystem in Qatar by investing in local designers and fashion startups at their “idea stage” and transfer the relevant knowledge and competences in order to see them succeed in the market. To be a part of the Incubation Program, startups should be in the pre-revenue stage with MVP, hence not currently generating substantial revenues. They should also be active in fashion and design and should have great market potential.
On the launch of the Incubation Program, Ms. Aysha Khalifa Al Romaihi, Head of Strategic Initiatives and Business Collaborations at QDB and Project Manager of Scale7, said, “The Incubation Program aims to address an increasing demand for innovative-based entrepreneurship ventures in Qatar and the wider region. Scale7 takes a unique approach to conducting its Incubation Program, which not only focuses on technical training and education, but also helps participants evaluate the commercial viability and social impact of their business.”
“We work with various institutions in Qatar and beyond to ensure the program is delivered in a creative and interactive manner. We are delighted to hold the first wave of the Incubation Program and we invite aspiring entrepreneurs to join us and actively contribute to Qatar’s growing creative entrepreneurship ecosystem,” she added.
Entrepreneurs interested in taking part in the Incubation Program will be entitled to smart funding and in-kind support. These entrepreneurs will gain continuous mentoring from global experts alongside an opportunity to attend enlightening workshops.
Furthermore, privileged participants will also be gaining access to immense networking opportunities with industry experts in the fashion and technology innovation ecosystem. The program will encompass 8 workshops, 2 speaker series, 6 hours of FTA coaching for each start-up as well as 6 hours of international mentorship.
The Incubation Program will commence on 13th September, 2021 and end on 29th November, 2021. The last date for application will be 1st September, 2021 followed by the Selection Day for the qualified applications.
For more information and to complete the registration for the Incubation Program, please visit the following link: https://ftamilan.typeform.com/to/GMXGYJ75
About Scale 7
Scale7 is Qatar’s first fashion & design business incubator; established specifically to act as a platform & hub for promising, innovative entrepreneurs that aspire to create the next iconic Qatari brands, and startups that aim to exponentially grow their business – within the fields of fashion technology, design innovation and sustainability.
Located in Msheireb – the vibrant heart of Doha – Scale7 was launched by Qatar Development Bank (QDB) in partnership with M7, a creative startup hub operating under Qatar Museums.
The mission of Scale7 is to support and nurture startups from the pre-seed stage by helping them create, grow and scale their emerging businesses through specialized incubation (idea stage) & acceleration (growth stage) programs. Through these programs, entrepreneurs will be empowered to disrupt the fashion scene by solving complex industry issues through innovation – ultimately opening up new dialogue, building a connected & dynamic ecosystem that fosters technology and fashion synergies, shapes the future of the industry, and contributes to the diversification of Qatar’s economy.
© Press Release 2021