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QSTP’s reputation as a globally renowned technology development hub is evident in the many leading international technology companies and research centers that already call it home. Please refer to benefits, facilities, and application information here - https://qstp.org.qa/free-zone/
The QSTP Incubation Center is a technology-focused program that aims to foster local tech entrepreneurship in Qatar. Please refer to eligibility and application information here - https://qstp.org.qa/incubation-center/
Product Development Fund (PDF) - is a cost sharing fund wherein QSTP provides up to 50% of the total budget as a grant to encourage local startups and SMEs in the private sector to develop products and services relevant to local market needs. https://qstp.org.qa/product-development-fund/
Tech Venture Fund (TVF) - The QSTP Tech Venture Fund (TVF) is a strategic venture capital fund designed to support local innovative startups and attract international startups looking to scale in the region. The fund provides tech founders and entrepreneurs to source seed-stage funding and follow-on capital.https://qstp.org.qa/tech-venture-fund/
Qatar Development Bank is a fully funded entity owned by the State of Qatar, headquartered in Doha.
The bank offers variety of programs that support to develop the local privet sector and diversify Qatar economy, such as finance & non-finance programs for added value SMEs, training and mentorship programs for Qatari youth about entrepreneurship to establish a new business, along with various solutions to support local manufacturing and export.
Qatar Development Bank is also in charge of housing loans for Qatari citizens subjected to the related parties’ approvals.
A company registered in Qatar or your country of origin.
Team members recruited - both technical and business.
Product/Service aligned with the program's focus sectors and use cases.
A technologically feasible and functional solution.
Proven traction through piloting or revenue generation.
A large addressable market
The Startups shoul have the following:
A tech-related idea
Alignment with the DIC priority sectors
An Innovative solution
The QRDI Council is a leading government entity in Qatar, building an innovation-based economy by developing R & D intensive industries. For startups, the Council offers a blend of access to capital, talent, and market opportunities, making Qatar an appealing destination for your new venture. Your startup can gain significant advantages in a globally competitive environment by leveraging the council's resources and networks.
The QRDI Council is integral to implementing the knowledge-based economy goal set in Qatar National Vision 2030. To achieve that vision, the Council aims to establish Qatar as a global innovation hub, ideal for startups looking for a dynamic growth environment. Furthermore, the Council's vision of turning Qatar into a prime destination and test bed for potential R&D centers worldwide offers startups unparalleled opportunities for growth, collaboration, and access to cutting-edge research and development resources.
The QRDI Council maintains strong relationships with Qatar’s universities, large enterprises, and government entities. As the leading funding and support entity for innovation and research, the council implements several programs that support corporate innovation, government innovation, and academic research, enabling it to build strong partnerships with all these entities. As a result, QRDI can support your startup in identifying talent, piloting and market opportunities, and academic collaboration opportunities.
