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Saturday, February 07, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "startup ecosystem" (4 articles)

“Qatar performs exceptionally well on global indices for innovation, including ICTs, ecological sustainability, and general infrastructure. According to the Global Innovation Index, Qatar ranks first globally in General Infrastructure for Innovation,” say an Invest Qatar report.
Business

Private sector rises on strength of Qatar’s startup growth

Qatar’s startup ecosystem is rapidly evolving, embracing global trends and investing in cutting-edge technologies to position itself as a hub for entrepreneurial growth and sustainability.In its report, ‘Qatar’s Startup Environment: A Detailed Overview’, Invest Qatar noted that the country currently hosts “around 1,000 startups with immense potential for growth”, supported by strong performance on global innovation indices.“Qatar performs exceptionally well on global indices for innovation, including ICTs, ecological sustainability, and general infrastructure. According to the Global Innovation Index, Qatar ranks first globally in General Infrastructure for Innovation,” the report stated.The government has reinforced this trajectory with bold commitments in artificial intelligence (AI), the report emphasised, citing HE the Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani’s announcement of “$2.5bn” worth of incentives to advance AI, technology, and innovation programmes during the 2024 edition of the Qatar Economic Forum.“This includes the Arab Artificial Intelligence Project, aimed at enriching large Arabic models and preserving Arab identity. Furthermore, Qatar Free Zones Authority (QFZ) signed an MoU with Germany’s ZE-KI (Centre for Tangible Artificial Intelligence and Digitalisation) during the annual Qatar Economic Forum to set up an AI research centre in Qatar, further boosting the country’s artificial intelligence cluster,” stated the report.The report also underlined talent development as another cornerstone of the ecosystem, citing Qatar’s global top ranking in attracting international students, with universities such as Qatar University and Hamad Bin Khalifa University hosting world-class research centres like Qatar Computing Research Institute and the Qatar Biomedical Research Institute.“Qatar ranks first globally in attracting international students, according to INSEAD’s Global Talent Competitiveness Index 2023 report,” the report noted.Emphasising the role of the private sector in capital availability, the report stated that Qatar ranks fourth globally in financing small and medium-sized enterprises (SMEs), with several domestic venture capital avenues and programmes, such as the NUMU, Itmar, and Al Dhameen, providing targeted support.At the same time, Qatar Development Bank (QDB) complements these efforts with competitions, hackathons, and the ROWAD Awards, which celebrate entrepreneurs and SMEs with funding ranging from “QR250,000 to QR350,000.”“Qatar’s strong economy provides abundant capital for startups with various public and private funds for startups. Qatar is the fourth-wealthiest country in the world on a GDC (PPP) per capita basis, making it a lucrative market for entrepreneurs... Startups in Qatar can access funding through various avenues, including government programmes, venture capital companies, and angel and seed investors,” stated the report.The report stated: “Entrepreneurial attitudes have improved significantly in Qatar, with 79.6% of the population believing that entrepreneurship is a good career choice. The Qatari government also supports the business environment as Qatar ranks second globally for tax policies, according to the IMD World Competitiveness Ranking 2023.”The report also cited the role of Tasmu, the Research to Startup Programme, and the Digital Incubation Centre as support systems that enhance ICT development and empower startups. These initiatives ensure Qatar’s ecosystem is well-positioned to become a global leader in innovation and entrepreneurship, the report pointed out. 

Gulf Times
Business

QDB named 'Startup Ecosystem Star 2025' by International Chamber of Commerce, Mind the Bridge

Qatar Development Bank (QDB) has been named a ‘Startup Ecosystem Star’ by the International Chamber of Commerce (ICC) and Mind the Bridge. The ‘Startup Ecosystem Stars (SES) Awards 2025’ recognise institutions that have demonstrated outstanding leadership, sustained impact, and comprehensive excellence in developing innovation ecosystems worldwide.  The award was presented during a ceremony held at the ICC Headquarters in Paris, in collaboration with the Organisation for Economic Cooperation and Development (OECD) and the European Commission, with support from Microsoft. In its third edition, the SES Awards recognised QDB for its significant contributions to fostering innovation across three categories: ‘Best-in-class Startup Programmes’, ‘Outstanding Investment Boost’, and ‘Exceptional Industry Support’.  Recognition across these categories highlights the bank's comprehensive approach to creating a nurturing, flexible and competitive environment for startups, while reinforcing its position as a key driver of innovation within the global entrepreneurship ecosystem.  The milestone reflects QDB’s commitment to providing entrepreneurs with a comprehensive support ecosystem, from training and advisory services to incubation and acceleration programmes.  It also highlights the bank’s leading role in advancing the venture capital landscape by attracting local and international investment, promoting the role of the private sector, supporting exports, and enabling the growth of the national industrial sector through close collaboration with partners and relevant stakeholders across the country.  The SES Awards 2025 are among the most prominent global awards dedicated to evaluating key players within innovation ecosystems. Winners are selected by an international jury comprising leading global experts and representatives of international organisations.  The award underscores QDB’s position as a leading development institution in the region and a key enabler of entrepreneurial growth, reinforcing its role as a catalyst for innovation at local, regional, and international levels.

Michael Jordan, CEO of Gem Soft.
Business

National Vision 2030 drives Qatar’s startup future, says startup CEO

Qatar National Vision 2030 serves as a blueprint for tech growth in the country that will further propel the success of its startup ecosystem, the chief executive of a Doha-based technology company has said.Michael Jordan, the CEO of Gem Soft, emphasised to Gulf Times that companies must align with Qatar’s national plan “rather than chase quick returns.”He emphasised that Qatar National Vision 2030 “is not just a slogan” but a framework. “If you look closely at that blueprint, in three to five years, Qatar is going to be one of the most booming ecosystems in the region,” Jordan pointed out.Asked to identify promising sectors that align with Qatar’s diversification strategy, Jordan cited medical research opportunities, citing the country’s health and medical institutions, as well as private institutions like Weill Cornell Medicine in Qatar (WCM-Q), among others.“That is an unbelievable opportunity,” noted Jordan, who also highlighted defence research and the broader research and development (R&D) space. “I don’t mean defence spending, but defence research. Every country is starting from the same place now. Everybody’s got to rethink how they’re going to approach these specific areas,” he said.Jordan stressed that Qatar’s focus on youth and education “is equally critical.” “Qatar’s focus on its youth and educational institutions is highly commendable and very important to me. As for its schools, we’re talking about some of the top universities both here and abroad,” he said.According to Jordan, companies are encouraged to engage with universities and interns here: "When a company is looking to expand, it's essential to connect with universities in Qatar and take on interns. By providing these young talents with opportunities, companies can foster growth and innovation," Jordan emphasised.Asked about unicorns and their impact on Qatar’s startup ecosystem, Jordan insisted that value creation must come first. “What is more important, the nomenclature of a unicorn or the fact that you have added value to the technological infrastructure of the country? If you add value, the money will come. But if all you’re shooting for is the money, then you’re ignoring the opportunity,” Jordan pointed out.Jordan also stressed that “trust is the foundation of business in Qatar.” He explained: “This is not a transactional society like North America or Western Europe. What’s important for people here is that they want to know who you are. People need to feel it, so one of the most important elements about business in Qatar is trust.”A Qatar Financial Authority-registered company, Jordan said Gem Soft is among the companies here that participated in the inaugural Web Summit Qatar. It also participated in the two-day World AI Summit Qatar, which concludes today.Jordan said the company chose Doha as its hub "precisely because Qatar’s long-term digital strategy aligns with its vision for sovereign and secure communication technologies."He explained that Gem Soft developed its fully sovereign, AI-assisted communication platform Gem Team “to directly support the ambitions of Qatar National Vision 2030 and help position the country as a regional leader in next-generation digital infrastructure.”Jordan stressed that Qatar’s commitment to innovation, security, and technological independence “is not just policy but a real catalyst for companies like ours to build, scale, and contribute to the nation’s future.” 

Be My Sense received $1,500, a trophy, and advanced to represent Qatar in the regional semi-finals.
Business

Startup Grind Doha Chapter hosts ‘All Star Pitch Battle’

Startup Grind Doha Chapter recently hosted the ‘All Star Pitch Battle’, highlighting the strength and creativity of Qatar’s startup ecosystem, with over 150 people from the ecosystem attending the event held at Qatar Chamber’s headquarters in Lusail.The event, held in partnership with the Youth Entrepreneurship Club (YEC) and Qatar Chamber, and sponsored by Builders VC Mena, underscored Qatar’s growing position as a hub for entrepreneurship and innovation, aligning with the nation’s vision of cultivating a vibrant and globally competitive startup landscape.The journey began with 51 startups in Qatar applying, of which 21 were selected to pitch at the event. The pitch battle is part of a global Startup Grind programme, held across more than 150 chapters worldwide, uniting founders and innovators from diverse markets on one global stage.The following are the winners of the Doha edition: Be My Sense (first place), PitchPro.me (second place), paintit.ai (third place), and Meta Souq (Most Creative Pitch Award). Be My Sense received $1,500, a trophy, and advanced to represent Qatar in the regional semi-finals.Be My Sense stood out for its impactful solution, an AI-powered platform designed to empower the hearing-impaired community. Through real-time sign language translation, the platform breaks communication barriers in education, entertainment, and daily life, placing accessibility at the heart of digital innovation.Tarik Sultan of Builders VC Mena said: “The All Star Pitch Battle showcased the ambition and originality that’s defining Qatar’s emerging startup ecosystem. The entrepreneurs who took the stage were not simply presenting ideas; they were offering solutions with the potential to scale globally. At Builders VC Mena, we believe platforms like this are critical in giving founders the visibility, networks, and confidence to translate vision into lasting value.”YEC vice-president Abdulrahman Tariq al-Emadi said: “Our partnership with Startup Grind Doha in the All Star Pitch Battle reflects our commitment to empowering young entrepreneurs in Qatar.“By providing a platform for startups to showcase their talent, we are helping to inspire innovation, build confidence, and strengthen the foundations of a vibrant entrepreneurial ecosystem.”The competition was judged by Sultan, Alina Truhina of A-typical Ventures, Hayfa al-Abdulla (Qatar Science & Technology Park), Omair Alnaimi (Ministry of Communications and Information Technology), Marcel Dridje (EBAN GCC Ambassador), Firas Sleiman (Kaic), and Majed Lababidi (Alchemist Doha).Startup Grind Doha director Indica Amarasinghe said: “The All Star Pitch Battle was more than just a competition; it was a celebration of the incredible talent and creativity in Qatar’s startup ecosystem. We are proud to provide a platform for these entrepreneurs to showcase their ideas and connect with global opportunities.”