Qatar Business Incubation Centre (QBIC), a division of Qatar Development Bank (QDB), has announced the winners of the 13th wave of the LeanStartup Programme (LSP) during ‘Selection Day’.
During the event, 20 local startups competed for incubation, marking the culmination of a new wave of graduates from the transformational LSP. Over the course of three hours, a panel of specialised judges assessed the up-and-coming entrepreneurs’ ideas, and eventually decided on the 10 winning startups, bringing the total number of LSP graduates to more than 500.
Two of the winning teams will be incubated within the Ooredoo Digital & Beyond incubator, receiving special support over the coming months. The judges were impressed by the quality, innovation and diversity of the business ideas, which covered a variety of fields, including environmental conservation, human resources, e-commerce, technology, sports, healthcare, education, and Fintech.
QBIC general manager Hamad al-Qahtani said, “The entrepreneurs participating in this cohort have demonstrated remarkable distinction and excellence, as we have seen an abundance of distinct and viable ideas – perhaps some of the best we’ve since the launch of LSP.
“We are proud to support aspiring entrepreneurs, enabling them to reach their full potential and accelerate their businesses. I look forward to see future waves of entrepreneurs follow their lead and transform ideas into successful businesses.”
The winning startups will now focus on further developing their products and services as incubated companies and will be granted access to smart funding, continuous coaching and workspaces to grow their businesses. In the upcoming months, the companies will get a chance to accelerate their growth and enhance their investment readiness, in preparation for attracting local, regional & international investors.
The LSP is one of the most successful programmes of its kind in the Mena region, empowering entrepreneurs through business tools, hands-on experience, and expert know-how to successfully bring their business ideas to life. To learn more about QBIC and its latest programmes, visit www.qbic.qa.
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