Qatari startups will drive the country’s digital economy and boost job creation in the field of technology, the Ministry of Transport and Communications (MOTC) announced recently at SAP’s first Startup Focus Event in Qatar.
The MOTC and its Digital Incubation Center (DIC) is supporting the launch of the global SAP Startup Focus Program in Qatar. Startup Focus, which was launched in the Middle East in 2015, is now debuting in Qatar to help eligible startups, whose product ideas are based on areas such as Big Data or predictive real-time analytics, to accelerate the development of their innovations and assist in bringing them to market.
With startups helping to drive nationwide digital transformation, Qatar could increase its GDP by USD 8 billion by 2020, according to the recent Accenture report, `Digital Disruption: The Growth Multiplier’.
“The Qatar Ministry of Transport and Communication’s Digital Incubation Center is committed to supporting Qatari entrepreneurs to transform their innovative ideas into viable businesses and drive job creation for entrepreneurs,” said Reem Al Mansoori, assistant undersecretary for digital society development.
Selected startups in Qatar now have the chance to develop their solutions on the SAP HANA real-time analytics platform, receive free support from technical experts to help them productize their ideas and making the best use of the SAP HANA cloud platform.
Participating startups have access to a community network of entrepreneurs, partners, investors, thought leaders and industry experts. Once validated, startups can pitch to SAP’s ecosystem of more than 320,000 customers worldwide.
“Qatar has the vision, educational foundation and ICT infrastructure to develop the next generation of digital economy tech startups. SAP is committed to providing mentorship to startups to help them avoid pitfalls, exchange best practices with fellow startup leaders and bring Qatari innovations to a global scale,” said Marita Mitschein, senior vice-president and managing director, SAP Training and Development Institute.