Scale7, the first fashion and design business incubator founded by Qatar Development Bank (QDB) with the creative startup hub operating under Qatar Museums, M7, has launched Qatar’s first pre-incubation program for fashion and design industry.
The pre-incubation program, which is being held virtually, started on the 1st of June 2021. The one-month intensive program targets to train startups in the ‘idea stage’ on entrepreneurship essentials and help them to transform the preliminary business concept into a Minimum Viable Product (MVP), and eventually into an actual fashion and design brand.
The program aims to empower the budding fashion entrepreneurs in the region to carve a niche in the country’s fashion domain by way of expert insights from local and global mentors.
“After successfully launching the Scale7 initiative earlier this year, we have been continuously seeking ways in which to support and augment the growth of the fashion and technology ecosystem in Qatar. This unique pre-incubation program will help in realizing the dreams of many promising entrepreneurs who have a striking idea but need expert mentoring to bring their ideas to fruition. We are confident that the participation of Qatar’s aspiring entrepreneurs in this program will leave a mark in this vibrant space and will attract global interest in the long run.”
QDB is fully committed to strengthening the role of ambitious Qatari entrepreneurs in transforming their ideas into reality, through a wide range of creative solutions and resources, allowing them to start and grow their projects or accelerate the growth of their startups, enabling them to launch their own brands that contribute to economic diversification in the country.
The entrepreneurs participating in the pre-incubation program will get professional one-on-one mentoring and guidance sessions with industry specialists as well as partners from world-class organizations and global leaders in fashion technology.
The specialized workshops during the program will enable participants to understand the level of marketing and customer relationships, building brand identity and business plans and the ways to scale the business with changing market dynamics.
Further, all the participants will be given priority in the 3-month incubation program, which will be launched at a later stage this year, with the objective to train and, develop the skills and knowledge of startups on advanced business practices.