Qatar’s QSTP adds 6 more startups to its Product Development Fund

  • Date: 31-Mar-2022
  • Source: GCC Business News
  • Sector:Technology
  • Country:Qatar
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Qatar’s QSTP adds 6 more startups to its Product Development Fund

Qatar Science & Technology Park (QSTP), the home of international technology companies in Qatar and an incubator of startup technology businesses, has brought six more Qatar-based startups under its ambitious Product Development Fund (PDF).

Representatives from the newly funded Applab Software Trading, Majoor Marketing & Delivery, Digital Pulse, Bayyena Trading, Twyla Technology and Rawi Al Kotob attended the official ceremony held at the QSTP premises.

QSTP, Executive Director Mr. Yousef al-Salehi hailed the award winners on their efforts to address Qatar’s national priorities and challenges, accelerate economic diversification and create global influence.

QSTP Product Development and Grant Management Fund Director Ms. Aysha al-Hamadi stated that “At QSTP, we encourage all Qatari entrepreneurs to stay creative and focused on their ambitions and to seek the right support which is readily available via QF RDI’s ecosystem – an infrastructure built on the premise of supporting research, development, and innovation.”

“Our PDF is specifically geared towards helping Qatar-based startups and small and medium-sized enterprises (SMEs) develop their products. The latest awardees share our passion for technology and innovation that not only contributes to the rapid growth and development of our economy but truly improves people’s lives and delivers real impact.” Ms. Al-Hamadi further added.

The six new award