Business
MCIT, QVCA sign strategic partnership to strengthen Qatar's venture capital ecosystem
The Ministry of Communications and Information Technology (MCIT) has signed a strategic partnership agreement with the QVenture Capital Association (QVCA) to strengthen the venture capital and innovation ecosystem in the State of Qatar.
The agreement was signed during Web Summit Qatar 2026.
The agreement was signed by Eman al-Kuwari, Director of Digital Innovation at MCIT, and Hussain Abdulla, Co-Chair of the QVenture Capital Association.
This partnership aims to support improved access to private capital for startups and scale-ups supported by the Ministry, by leveraging QVCA's network of venture capital funds, financing institutions, and association members. The collaboration seeks to strengthen engagement between founders and investors and support investment opportunities across priority sectors.
The partnership also includes cooperation on developing entrepreneurship-supportive policies through the exchange of insights on startup maturity and market dynamics, contributing to evidence-based policymaking and closer alignment between national innovation programs and market needs.
In addition, the collaboration extends to attracting and enabling technology companies that provide solutions to national challenges and strategic priority areas, while supporting efforts to localize and strengthen critical digital and technological capabilities, in line with Qatar's long-term economic diversification and digital transformation objectives.