Qatar Business Incubation Center (QBIC) announced its sixth wave of LeanStartup winners, marking their two-year success in a celebratory, special edition Demo Day. In addition to highlighting some of the QBICpreneurs’ most prominent success stories, 16 startups pitched to a panel of judges, investors and key partners on the 23 May at the Qatar National Convention Center (QNCC), under the sponsorship of QNB for the third consecutive time. QBIC incubated eight startups, two of which will be incubated under the specialized QBIC Tourism incubator.
Demo Day marks the end of the 10-week LeanStartup Program, giving successful entrepreneurs a chance to be further supported and incubated at QBIC. The event witnessed business ideas varying from tourism, to technology, I.T., fashion and education from competing entrepreneurs.
Qatar Development Bank CEO and QBIC Chairman Abdulaziz Bin Nasser Al Khalifa commented on this occasion saying: “We’re pleased for not only announcing brand new incubatees who successfully completed our renowned LeanStartup Program, but for being able to share the success of our existing entrepreneurs in this special celebration of Demo Day. With over 52 startups currently incubated at QBIC, I can safely assert that with the help of our partners and by unifying our efforts, we’re playing a central role in developing the local private sector and SMEs in Qatar.”
He added: “QBIC’s pivotal and encompassing role proves that it is greater than a center that provides specialized incubation services; QBIC stands as an educational platform, actively involved in enlightening entrepreneur’s in Qatar by hosting regular Speaker Series sessions, open days, trade fairs, and common purpose programs, aligning itself with Qatar’s wider national development.”