20 September 2022

QDB Announces Winners of Entrepreneurship World Cup National Qualifiers Competition

  • QDB
  • QDB
  • QDB
  • QDB
  • qdb

Doha, September 20 (QNA) - Qatar Development Bank (QDB) concluded the national qualifiers for the Entrepreneurship World Cup 2022. This marks the first time the national qualifiers were held in Qatar under the organization of QDB. The competition was held in the main auditorium of the 3-2-1 Qatar Olympic and Sports Museum in the distinguished presence of the most prominent names from the local entrepreneurial ecosystem.
Acting CEO of Qatar Development Bank Abdulrahman Hesham Al Sowaidi noted in speech the importance of these national competitions that help support and motivate startups to rise to the highest levels of competitiveness and professionalism.
"This competition achieved a great turnout in its first edition in out country, a testament to the strength of the national entrepreneurial ecosystem, which we always seek to strengthen through many initiatives and programs in line with our strategy and our countrys national vision," he added.
For his part, Global Entrepreneurship Network founder and president Jonathan Ortmans, expressed his happiness with this event, thanking Qatar Development Bank for organizing, and emphasized his admiration of the emerging projects that took part in the competition, with the aim of reaching the final rounds of the competition.
This is the fourth edition of the Entrepreneurship World Cup, which was launched in 2019 to be the largest entrepreneurship competition of its kind that celebrates prominent entrepreneurial ideas and innovative projects from various fields. The upcoming finals will feature participants from more than 200 countries and the attendance of the most distinguished startups from across the globe.
Qatar Development Bank is the national organizer of the competition in partnership with the Ministry of Commerce and Industry and the Qatar Financial Centre Regulatory Authority, and sponsored by QNB, Doha University of Science and Technology and the Ministry of Sports and Youth. The brightest Qatari startups competed for the opportunity to qualify and represent the State of Qatar in the finals of the global competition, which will be held in the Kingdom of Saudi Arabia.
Twelve participating companies presented their business ideas before the panel of judges and the audience. These pitches reflected pioneering and innovative ideas that are worth of representing the State of Qatar in various fields on a global stage, such as VR & AR technologies, SportTech solutions, FinTech solutions, Smart Payment solutions, sustainability, and HealthTech solutions.
Heba Ali Al Tamimi, General Manager Group Communications at QNB, commented on the success of this event, saying: "We would like to seize this opportunity to congratulate the winning teams for their success and contribution to the national development. As the strategic partner of these National Qualifiers, we are proud to witness the qualification of these start-ups as testament to the advancement of the entrepreneurship ecosystem in Qatar." The winning startups from Qatar, along with the rest of the winning ventures from across the globe, will attend an intensive virtual bootcamp in early 2023. Upon the end of the bootcamp, the top 100 startups will move on to the Global Finals, which will be held in the Kingdom of Saudi Arabia in March 2023. (QNA)


Economy, Qatar
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