Qatar SportsTech (QST) recently announced the completion of the third cohort of the accelerator program which featured ten very promising start-ups from six countries.
QST is a leading start-up accelerator and hub for sports-tech start-ups and scale-ups from around the world with the vision to be a catalyst for shaping and reshaping sports technology in the Middle East and beyond.
The third cohort included start-ups and scale-ups with solutions related to in coach-player wireless communication, drone and AI based remote health monitoring, virtual reality fitness gaming platforms, gym and fitness activity tracking, fan engagement applications, broadcasting platforms and e-sports development and management.
The start-ups and scale-ups benefited from the opportunity to participate in industry specific workshops hosted by national and international specialists, to attend one-on-one mentoring sessions with over 100 industry experts and to receive mentorship from global sports tech leaders. In addition, QST will continue to promote and support the participants with connections.
As part of the program, the participants had the opportunity to collaborate and cooperate with key players in the country’s sports and entrepreneurship ecosystem(s) including Qatar Development Bank (QDB), Startupbootcamp (SBC), The Supreme Committee for Delivery and Legacy (SC), Qatar Stars League (QSL), beIN Media Group (beIN), MBK Holding, Qatar Financial Centre (QFC), Aspire Zone Foundation (Aspire) and the Ministry of Commerce and Industry (MoCI)
The third cohort have raised nearly QAR 22m or USD 6m in funds and are currently in talks with QST’s partners to run the pilots and to test their solutions.
The graduates of the third cohort will play an important role in strengthening the position of the State of Qatar as a leading sports hub and will join twenty alumni from the previous accelerator programs who have already raised additional investments and worked with international brands.
Business Start Up Qatar is connected with the third cohort in many ways. Most of the start-ups and scale-ups were on In The Game – Qatar’s First Sports Podcast hosted by Steve Mackie.
Please click on the link and reach out to learn more about Qatar Sports Tech and the Accelerator Program as well as the initiatives of Business Start Up Qatar.
The State of Qatar is ranking ninth on the list of top countries for entrepreneurs according to the National Entrepreneurial Context Index (NECI)...Read more
The State of Qatar is a very promising investment market according to a recent report by The Investment Promotion Agency Qatar (IPA Qatar).
The report “Invest Qatar Annual Report 2021”...Read more
Qatar’s foreign merchandise trade balance increased by 171 percent in November 2021 compared to November 2020 according to the latest figures released by the Planning and Statistics Authority...Read more
A webinar hosted by the Qatar Financial Centre (QFC) and titled “Exploring Tender Opportunities at the Supreme Committee for Delivery & Legacy” discussed the potential for businesses and projects related...Read more
The State of Qatar is expected to invest more than QAR 113.15 billion (USD 31 billion) into large-scale projects this year. The estimation is in line with the country’s QAR 47.45 billion (USD 13 billion)...Read more
Qatar’s plans to expand the Liquefied Natural Gas (LNG) capabilities and capacities promise a major boost to the growth of the national economy. The expansion results in a projected surplus between 2021...Read more
Qatar’s budget for the first quarter of this year was exceeded by QAR 200 million (USD 54.8 million). The surplus is partly related to the most recent increase in the oil prices, the level of budgetary...Read more
Qatar has witnessed a lot of investment in the digital sector in line with the digital transformation of the country and the establishment of a knowledge-based economy as set out in the [Qatar National...Read more