Qatar Development Bank (QDB) has launched its multi-service support centre,`One Stop Shop’ to cater to SMEs at partner Qatar Business Incubation Centre’s (QBIC) premises on 11 October.
In order to develop a resource centre with all the necessary services that are needed by the SME community under one roof, QDB coordinated with the Ministry of Justice (MoJ), Ministry of Energy & Industry (MEI), Qatar National Bank (QNB), Ooredoo and Qatar Postal Services Company (QPost) for the launch of the `One Stop Shop’.
This move comes in line with QDB’s efforts to make its resources readily available to entrepreneurs and be physically approachable by the growing SME community in Qatar. With the opening of the new centre, entrepreneurs and SME owners may now avail many developmental resources in a single location, such as a wide range of QDB’s products and services to support the growth of SMEs.
Through this resource centre, QDB can now facilitate SMEs in meeting official procedures of governmental and non-governmental bodies. The ‘One Stop Shop’ has full-service offices for ministries and government departments that support SMEs.
QDB CEO, Abdulaziz bin Nasser Al Khalifa, said, “Our ‘One Stop Shop’ solution for the SME community is consistent with our objectives at QDB to contribute meaningfully to the achievement of the Qatar National Vision 2030 and support the ongoing economic diversification of Qatar.”
He added: “By bringing together the most commonly-sought business resources under one roof, QDB and QBIC aim to stimulate the private sector marketplace by facilitating the entry of new participants. Furthermore, this centre will also prove to be an asset for the startups in incubation at QBIC. It is our firm conviction that with the creation of such infrastructure, SMEs and the private sector across Qatar will be able to participate more fully and dynamically in the nation’s growing economy.”
Advice and guidance
Interested entrepreneurs may also approach QDB officials at the centre for advice on issues concerning the SME community and guidance on local procedures for obtaining licensing and permissions to provide new services.
To facilitate queries regarding the acquisition of licensing, permits and other information, a user-friendly hotline at 44300000 has been installed. A key role of the latest `One Stop Shop’ branch is to provide client aftercare, whereby QDB’s staff follow up with entrepreneurs and SMEs to ensure they are well supported.