Qatar is an ideal location for those who wish to start their startup in the Middle East. Qatar has some of the top accelerator programme which aim in aiding the promotion of a culture of innovation among entrepreneurs. Incubators help the enterprises in a variety of services like a place to set up the project, consultancy, connectivity, and office supplies for both businesses and stakeholders. Let’s dig into some of the top accelerator programs of Qatar.
1: Qatar Business Incubation Centre (QBIC)
The centre is located in the New Industrial Zone. This is the first incubator set up by the Qatar Development Bank (QDB), Qatar Projects Management, and Social Development Centre. QBIC is the largest accelerator in the Middle East. QIBC aids in providing funds for investment, communication infrastructure, and workspace.
2: Digital Incubation Centre (DIC)
DIC is set up by the Ministry of Transport and Communications. It aims at boosting innovation among businessmen who are in the early stages of setting up or growing technology-related businesses. DIC aids those businesses that have the potential to contribute to the nation’s digital economy.
3: QBIC Tourism
QBIC Tourism was launched by Qatar Tourism Authority, in collaboration with the QDB. this accelerator specializes in businesses that are in the tourism sector. QBIC aids SMEs and startups to serve the tourists of Qatar better. This accelerator helps with tools for developing businesses and seed funding. Apart from this entrepreneurs can seek advice from top authorities in QTA.
4: Qatar University Business Incubator
This incubator offers high quality education and coaching with help of professional trainers, incubation space, access to funding, and a network of related entrepreneurs. Business Ideation, Customer Validation, Sales and Marketing, Pricing and Profitability, Financial Planning are some of the services provided.
5: TASMU Accelerator
TASMU Accelerator supports businesses in strategic sectors specified by the Qatar government. It’s a specialized initiative by the government. There are many benefits for joining TASMU Accelerator such as 100% ownership of the business, Funding up to $50,000, Flexibility to work from anywhere in the world, Direct access to the Qatari market via the TASMU’s Smart Nation Platform, Software and tools needed to succeed, Smart Nation Ecosystem membership.