Doha, February 29 (QNA) - Qatar Foundation (QF) concluded its participation in Web Summit Qatar 2024, the worlds largest technology event held in Doha for the first time in the Middle East and Africa.

Throughout the event, QF entities engaged with over 12,000 entrepreneurs, investors, and tech enthusiasts from around the world, and offered attendees valuable insights into the organization's initiatives and contributions to Qatar's innovation ecosystem.

At QFs Qatar Science and Technology Park (QSTP) pavilion, attendees had the opportunity to explore a comprehensive suite of programs aimed at nurturing tech startups and fostering innovation-driven entrepreneurship in Qatar. In the startup island, they had the opportunity to discover QSTP's diverse range of offerings and engage with startups supported by QSTP, while the Demo Day witnessed budding innovators showcase their ideas to a live audience of investors, tech leaders, and mentors.

At the Summit, WISE, an initiative by QF, participated in a panel discussion titled "Fostering Educational Innovation: Introducing the New WISE Prize for Education." This session offered valuable perspectives on the WISE Prize, a worldwide competition designed to support finalists in cultivating impactful education solutions over the course of a year.

Hamad Bin Khalifa University (HBKU), a member of QF, was also present at the Web Summit Qatar 2024. Through the presentation of innovative technologies developed within its research ecosystem, showcasing promising startups, and engaging in interactive sessions led by HBKUs researcher, faculty and student communities on artificial intelligence, sustainability, healthcare and many other topics, HBKU highlighted its work in promoting entrepreneurship and addressing global challenges.

President of QSTP Jack Lau said: "Over the years, we have helped over 100 start-ups transform their ideas into robust solutions that are making a difference in peoples lives. QSTP has also been home to more than 20 multinational companies who leverage our enriching ecosystem and R&D facilities to develop solutions tackling some of the worlds biggest challenges.

"Our participation in Web Summit Qatar 2024 echoes our longstanding commitment to technology development and sustainable innovation. A number of start-ups under our ecosystem showcased their inventions at this landmark event. We are proud to help facilitate exciting opportunities for them to network and learn from global tech leaders, and hopefully forge partnerships that can potentially be transformative in their growth and impact," he added.

For his part, Director of Policy Development & Partnerships at WISE Elyas Felfoul said "I am excited to introduce the new WISE Prize for Education, a global competition that challenges social innovators to design solutions for three key education challenges: improving the teaching of Arabic language, accelerating foundational literacies, and addressing challenges in Artificial Intelligence." "In our session, we based these areas as key pillars of our conversation alongside experts in the field of education and innovation, who shared their insights and perspectives on how to create impactful and scalable solutions," he added.

Executive Director Office of Innovation and Industrial Relations at HBKU Dr. Nadir Yildirim said: "Web Summit Qatar 2024 provided the perfect opportunity to show how our commitment has evolved and been strengthened by a strong pipeline of dynamic commerciable technologies and startups originating from or supported by the university." He added that "to this end, the eight startups and eight technologies showcased at the Summit only scratch the surface of our innovation and entrepreneurship potential." (QNA)