QBIC selects new startups to incubate in virtual Demo Day

September 27, 2020

The Qatar Business Incubation Center (QBIC) has selected its newest startups for investment in its first virtual Demo Day.
The live-streaming event celebrated the thirteenth wave of graduates from QBIC’s intensive LeanStartup Programme (LSP).
The graduates will continue their incubation journey and have access to further cash investment and other benefits.
The live event saw select startups and scaleups pitching to the incubation committee and was live streamed on YouTube for the public and potential investors. The interactive event allowed audiences to pose questions and comments directly to the startups, which come from QBIC’s general and Digital and Beyond (D&B) powered by Ooredoo, incubatee pool, via a live chat.
QBIC General Manager, Hamad Dashin Al Qahtani, said, “For the first time, our most promising startups were connected to audiences via an innovative digital platform to deliver their pitch ideas in a safe manner in line with the precautionary measures to combat the spread of COVID-19. With the health and well-being of our community as a top priority, QBIC remains deeply committed to supporting entrepreneurs contributing to Qatar’s shift towards a knowledge-based economy. This year’s Demo Day proved to be an immense success, drawing potential investors to the screen to pledge their funding to our talented startups.”
Supported by Qatar National Bank (QNB), the event drew the participation of leading figures from the local entrepreneurial ecosystem and numerous incubated startups.
Participating startups and scaleups were selected last December and are now looking at unique investment and funding opportunities. Following the conclusion of Demo Day, investors were able to book meetings with the startups they see the biggest potential in to discuss avenues for future collaboration and incubation. The startups that pitched their ideas were Find a Nurse, E-Qatar, Fasrly, ASAAP, iFor Build, Debito, Printle, Material Bids, and C-Wallet.
Select Demo Day entrepreneurs will continue to receive support, advice and mentorship from QBIC as part of its mission in contributing to Qatar’s evolving business environment and creating a sustainable environment for entrepreneurs to focus on transforming their ideas into business ventures.

qatar-tribune


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