The Qatar Business Incubator Centre (QBIC), founded by Qatar Development Bank (QDB), held yesterday its second virtual ‘Demo Day’ with 12 startups graduating from the Lean Entrepreneurship Programme and Lean Accelerator Programme, presenting their innovative ideas during the event.
The following startups, Caffeine, Cybergy, iFor Build, Smart Shuttle, Souqti, StopOver, StoryDeck, The Real State CRM, Vastry, VOP, Faserly, and Sparets, presented their projects before a panel of experts, angel investors, aspiring entrepreneurs, and stakeholders.
They were also given three minutes for a Q&A with the panel of experts during the event, which carried the theme ‘Qatar’s Fastest-Growing Startups, Your Next Smart Investment’.
This cohort, the 14th batch of graduates from the aforementioned programmes, had received weeks of training, guidance, and counselling from the different teams in the incubator.
Demo Day, which was hosted by entrepreneurship adviser Mahmoud al-Mahmoud, was held at the Bedaya Centre, and was sponsored by the incubating partner, Ooredoo Network, and entrepreneurship ecosystem partners, Qatar Financial Centre, Doha Tech Angels, Mansour Bin Khalifa Holding Group, and Snoonu.
Commenting on the event, Hamad bin Dashin al-Qahtani, director general of QBIC, said: “QBIC, and QDB of course as our founding organisation, was and still is the first and largest supporter of entrepreneurship in Qatar. We strive year after year to develop our programmes and incubators to accommodate the largest possible number of startups and small and medium-sized enterprises (SMEs) to serve our vision and that of our beloved country, Qatar.
“We strive to achieve excellence in this area in line with our goal to achieve the diversification of the local economy and also to help Qatari companies access local, regional, and international markets.”
This year, QBIC has prepared a website dedicated to Demo Day where investors, aspiring entrepreneurs, and experts are able to view the list of participating startups and organise virtual meetings with the startup owners. The site can be accessed via demoday.qbic.qa.
It is worth noting that despite the graduation of these startups, QBIC will stay in touch with them to continue providing them with advice and guidance in order to ensure the existence of a robust business ecosystem and provide a sustainable business environment for entrepreneurs in the State of Qatar.
QBIC is the largest and pioneering mixed-use business incubator in the Middle East and North Africa (Mena) region founded by Qatar Development Bank. To learn more about the event, visit demoday.qbic.qa.