Qatar SportsTech hosted bootcamp for investors in start-ups in Qatar

06/06/21

Qatar SportsTech (QST) recently hosted the first Angel Investor Bootcamp virtually. The initiative is aimed to contribute to Qatar`s ecosystem for start-ups and scale-ups by introducing the fast-growing SportsTech sector to investors.

The idea was to train new and seasoned angel investors from inside and outside of the country, to introduce the latest cohort at QST and to provide an opportunity to meet, greet, collaborate and cooperate. In addition, the event was an opportunity to help angel investors learn how to invest in start-ups and scale-ups and to kick off their investment journey with QST.

The bootcamp saw a virtual panel discussion titled “Investment and Innovation in SportsTech”. It featured national and regional experts, who discussed the role of investment in technology and the innovation required to transform the world of sports. It was followed by a workshop featuring renowned sports angel investor David Stern and the introduction to a networking platform for SportsTech investment professionals.

QST is a leading accelerator founded by Qatar Development Bank (QDB) and key stakeholders in the State of Qatar. The operation of the accelerator is in line with QDB’s role to develop, grow and diversify Qatar’s private sector. QDB is committed to strengthen the economy and to promote and support the most promising start-ups and scale-ups to reach their potential.

QST is powered by Startupbootcamp and supported by the Supreme Committee for Delivery & Legacy (SCDL), Ministry of Commerce and Industry (MoCI), Qatar Financial Centre (QFC), beIN Media Group, MBK Holding, Qatar Stars League (QSL) and Aspire Zone Foundation.

The portfolio of QST already boasts a number of successful start-ups and scale-ups.

ComeTogether, who have sold their blockchain-powered ticketing system to major live festivals and created a health passport application to help the Greek government combat the pandemic and to allow individuals to safely go back to events.

FATE, who is working with Uber Eats’ international gaming tournament “eLigue 1” which will be taking place in Qatar, Brazil, Japan, Ivory Coast, Morocco and the United States.

GYMCraft is already valued at over QAR 26.6 million (USD 7.3 million) and partnering with international conglomerates like Samsung and Precor as well as Sponix , a QST alumni.

Please click on the link and reach out to learn more about the (business) ecosystem as well as opportunities and possibilities for investments in the State of Qatar and the initiatives of Business Start Up Qatar.

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