QF’s QSTP supports Qatari tech startups expand into international markets through ELV8 program

  • Date: 27-Jun-2022
  • Source: Zawya
  • Sector:Technology
  • Country:Qatar
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QF’s QSTP supports Qatari tech startups expand into international markets through ELV8 program

Doha, Qatar – Two of Qatar’s homegrown tech startups, EMMA Systems and Conical Systems, are set to scale new heights of growth after being selected for year-long placements in accelerators in the European cities of Vienna and Modena, through ELV8, Qatar Science and Technology Park's (QSTP) newest growth program.

Delivered jointly with Silicon Valley-based Plug and Play, the world’s largest early stage investor, accelerator and corporate innovation platform, ELV8 is a 12-month program that offers intensive mentoring and funding opportunities for global growth to promising tech startups in Qatar.

Supported by investment from QSTP’s Tech Venture Fund (TVF), the chosen startups will expand into European markets via their acceleration at Plug and Play, all whilst maintaining their business operations at their headquarters in Qatar. EMMA Systems will make their way to the Austrian capital, Vienna, while Conical Systems (formerly called Airlift) will establish operations in Modena, Italy.

“Achieving global growth is an important milestone for local startups and is a key indicator of a healthy and vibrant startup ecosystem,” said QSTP Program Manager – Acceleration, Mohammad Zebian. “Whilst the opportunity for those participating is clear, the benefits of ELV8 will also be felt across the entire startup ecosystem with these participants acting as