Qatar Sports Tech - What is it?

30/06/20

The business of sport in Qatar is huge. In 2020 a record 65 sports events will be hosted in the country. Qatar and sports go hand in hand but what is less known is Qatar`s ever developing sports technology scene. In fact Qatar Sports Tech cycle two is now into its final stages. The 10 qualifying startups are selected and the award winning three month accelerator programme is ongoing.

But what exactly is Qatar Sports Tech?

Qatar Sports Tech’s Founding Partner is Qatar Development Bank and it’s Strategic Partners include Supreme Committee for Delivery and Legacy, Bein Media Group, Aspire Zone, Qatar Financial Centre and Ministry of Commerce and Industry. QST is a leading startup accelerator, in short it searches the world for the most promising sports tech companies. According to its Managing Director, Koen Bosma its aim is to facilitate corporate level collaboration between leading brand institutions around the world and in Qatar to do business.

Interview with Koen Bosma… https://www.facebook.com/535240203549177/posts/677385182668011/

What is an accelerator?

An accelerator programme provides the framework, guidance, expertise and investment to guide a startup business step by step. Meanwhile, to qualify for selection to this programme, startup businesses present their ideas to a panel who select which ones proceed.

Story so far….

The Qatar Sports Tech team have travelled the globe since October 2019 searching for the most promising sports tech companies. After scouting for three months in 40 countries, 21 out of 500 applicants were chosen to go forward to the Selection Days Event. This event was hosted in December 2019 at The Torch Hotel in Qatar. As a result, the selected final 10 startups participate in the award winning accelerator programme.

During the accelerator programme, the selected 10 startups will work closely with organisers, partners and investors. Additionally they will have access to office space, one on one mentoring and Qatar Sport Techs global and local networks. Also available is guidance from other entrepreneurs, investors and corporate partners.

A number of well known sporting businesses participated and included the NBA, FIFA, Barcelona and Paris St Germain Football Clubs to name a few.

More about Qatar Sports Tech

Qatar Sports Tech is partnered by various influential and innovative organisations. In short the catalyst and initiator is Qatar Development Bank who are pushing boundaries and developing an entrepreneur ecosystem.

Local sporting entities include the Aspire Academy and The FIFA World Cup 2022 Supreme Committee. Also heavily involved as local partners are The Qatar Financial Centre and The Ministry of Commerce and Industry and BEin Sports Media Group.

Starting up a business in Qatar

If you are interested in starting up business in Qatar then Qatar Sports Tech demonstrates how welcoming Qatar is to entrepreneurship and facilitating and encouraging new business. Find out more…

There are several ways to set up business in Qatar and we can guide and assist you through the whole process.

Do you have any further enquiries?

Please submit any enquiry regarding business start up in Qatar by contacting us using our online enquiry form Alternatively, give us a call on +974 5034 3737

Interview with Jim Law www.findaplayer.com (one of last year’s contestants)… https://www.facebook.com/535240203549177/posts/574979906241873/

Other News

BSUQ News 43 - Thumb

MME successfully promotes the sale of local fruits and vegetables

Qatar has seen a significant increase in the volume and value of locally produced fruit and vegetable sales in the recent past with over 23,565 tons of local produce sold in 2020 and over 3,752 tons in...

Read more
BSUQ News 42 - Thumb

Businesses shall be prepared for updates in the tax system in Qatar

Qatar is getting ready to implement a Value Added Tax (VAT) and the private sector has been urged to prepare for it accordingly. It is advised to be VAT ready at least six to nine months before the implementation....

Read more
BSUQ News 41 - Thumb

MOCI announces services for formation, renewal and cancellation to be online only

The Ministry of Commerce & Industry (MoCI) has announced that the services related to company formation, renewal and cancellation will be available online only.

From Sunday, 28th of February, 2021...

Read more
BSUQ News 40 - Thumb

Growth of the sports industry in Qatar and the GCC to be faster than elsewhere

It is expected that the sports industry in Qatar and the GCC will grow faster than elsewhere. A recent survey conducted by PwC painted a picture of the industry in Qatar, United Arab Emirates, Saudi Arabia...

Read more
BSUQ News 39 - Thumb

AI and other new technologies to accelerate the growth

The Ministry of Transport & Communication (MOTC) recently organized a webinar on 'Knowledge Mining & Artificial Intelligence'. It is anticipated that artificial intelligence...

Read more
BSUQ News 38 - Thumb

Qatar’s e-commerce market sales to exceed QAR 11.7 billion

Qatar’s e-commerce market is developing and is expected to exceed QAR 11.7 billion (USD 3.2 billion) by 2022 compared to QAR 4.7 billion (USD 1.3 billion) in 2017. Over 350 e-commerce websites have been...

Read more
BSUQ News 37  - Thumb

QDB concludes events related to the first Qatar Virtual Exhibition

Qatar Development Bank (QDB) recently concluded the first Qatar Virtual Exhibition (QVE) which brought together small and medium sized enterprises (SMEs) from the State of Qatar and international distributors,...

Read more
BSUQ News 36 - Thumb

Why Start a Business in the Qatar Free Zones

The Qatar Free Zones Authority (QFZA) in partnership with the Qatari Businessmen Association (QBA) jointly organised a webinar on the ways of establishing...

Read more

Page Break