QSTP hosts Technovate event with Metis Labs founders
December 02 2016 10:31 PM
Founders of Metis Labs recounting their success story.
Founders of Metis Labs recounting their success story.

Doha

Qatar Science and Technology Park (QSTP) hosted a fireside chat with the founders of Metis Labs, a startup that has benefited from its various support programmes and is now on its way to Silicon Valley, during the second edition of the recently held QSTP Technovate series.

Dr Maher Hakim, managing director of QSTP, moderated the informal discussion titled ‘Metis - The road from Qatar to Silicon Valley: QSTP taking a dream team from local to global’, with Metis members Sabih bin Wasi, CEO and design lead; Rukhsar Neyaz, frontend lead; and Jiyda Moussa, backend lead.
Introducing the Metis team to the audience, Dr Hakim said: “Our panelists are young entrepreneurs who graduated from Carnegie Mellon University in Qatar and were able to establish a fully-fledged enterprise after participating in the QSTP Accelerator programme, later benefiting from funding and incubation through more advanced support mechanisms extended by QSTP.
“Metis is, therefore, the result of the sequential progress through QSTP’s accelerator, funding and incubation programmes that supports aspiring entrepreneurs in Qatar and advances the country’s technology development landscape.”
After months of research, hard work and development, the student trio unveiled Metis - a software designed for elective-based university curricula where students can pick courses for upcoming semesters that can fulfil their degree requirements.
In order to advance their business idea and gain additional mentorship guidance, the team applied to the QSTP Accelerator programme. As part of this course, the young entrepreneurs underwent 12 months of entrepreneurial training and mentorship in collaboration with the Al Faisal-Carnegie Mellon Innovation Entrepreneurship Center. They were offered the support needed to turn their idea into a commercially viable product, with QSTP’s incubation and funding vehicles helping them support themselves over 18 months.
Addressing the audience, bin Wasi said: “Young entrepreneurs are presented with numerous challenges during the early stages of their business. For us, one of these was not having sufficient funding to continue our research and development successfully. QSTP was integral to our success in that aspect, which has helped us grow our business idea.”
The entrepreneurs will leave for the US to participate in the Stanford Alchemist Accelerator, Silicon Valley’s six-month entrepreneur mentorship programme.
QSTP, a member of Qatar Foundation for Education, Science and Community Development, is entering a new phase with a reinvigorated focus on innovative solutions to boost tech entrepreneurship in Qatar. It will now operate as a hi-tech business park that brings together technology innovators under one roof, offering state-of-the-art incubation facilities and consultancy services, according to a statement.



There are no comments.

LEAVE A COMMENT Your email address will not be published. Required fields are marked*
MORE NEWS

HAPPENING IN DOHAMore