Qatar Development Bank (QDB) has opened applications for its Partial Guarantee Investment program on its website.
The Partial Guarantee Investment program aims to reduce financial risks, encouraging both individual investors and investment groups to invest in tech startups.
QDB’s CEO, Abdulrahman Hesham Al Sowaidi said the Partial Guarantee Investment program aligns with QDB’s vision of building a diversified economy.
“Our goal is to strike a balance between fostering venture capital investments and mitigating the risks that may deter investors from engaging in venture capital activities in Qatar. This program supports the aspirations of the private sector and aligns with the objectives of the Third National Development Strategy, which focuses on sustaining growth, advancing technological sectors, and empowering the private sector.”
The program targets individual investors, investment groups, clubs, and local funds interested in investing in Qatari startups. Through its investment arm, QDB will provide partial guarantees to encourage eligible investors to expand their portfolios.
The guarantee is available based on specific eligibility criteria for both companies and investors. Eligible companies must be based in Qatar, ensuring neutrality in the investment process.
QDB offers a comprehensive support system, including various financing plans, consultancy services, legal advisory, mentoring, and capacity-building platforms. This integrated approach has helped QDB become a vital partner in the growth journey of SMEs, from concept to export, enabling them to compete both nationally and internationally, contributing to Qatar’s economic vision for 2030.
