CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QBIC begins ‘LeanStartup Program’

Published: 04 Oct 2017 - 11:28 am | Last Updated: 04 Nov 2021 - 01:15 pm
Speakers and participants of the QBIC Speaker Series session.

Speakers and participants of the QBIC Speaker Series session.

The Peninsula

Qatar Business Incubation Center (QBIC) founded by Qatar Development Bank (QDB) and Nama, hosted a Speaker Series session with the inspirational Jawaher Al Fardan and Ghanim Al Sulaiti.
The co-founders of Evergreen Organics shared their journey and experiences with the participants of the 9th wave of QBIC’s LeanStartup Program (LSP) as they are about to embark on their own journey of learning and success.  

QBIC witnessed a high 225 percent increase in applications from 2016 and a 47 percent increase in applications from the 8th wave to the 9th wave of LSP. For the first time ever, more than 100 startups were chosen to take part in this exciting 10-week journey. QBIC’s most recent outreach campaign called on budding Qatari entrepreneurs to take part in diversifying their country’s economy in order to establish self-sufficiency. 

The successful initiative reached out to the nationalism within the Qatari population, and ended up greatly contributing to the record number of applications QBIC received over the past few months. Abdulaziz bin Nasser Al Khalifa, Qatar Development Bank CEO and QBIC Chairman said: “We are so proud of how far QBIC has come and we are thrilled by the increased interest from our fellow aspiring Qatari entrepreneurs, as this confirmed that our campaign’s message was powerful enough to make a difference. It’s our duty, as an organisation, to lend a helping hand to every budding Qatari entrepreneur that’s tirelessly persevering in the efforts of growing and developing his/her country’s economy; which is why we were able to accept the largest number of startups to our LeanStartup Programme.”  

The centre will continue to take on promising entrepreneurs of all ages with innovative ideas, as well as provide them with the coaching, financing and support they need in order to establish successful startups.

QBIC has been hosting Speaker Series sessions with reputable local, regional and international speakers since its establishment. With their most recent outreach initiative having such a powerful message, QBIC was keen to keep up the momentum by hosting successful local Qatari Entrepreneurs for this Speaker Series session.