Doha: The Digital Incubation Center (DIC) of the Ministry of Communications and Information Technology (MCIT) announced the fourth edition of 'Make the Deal' on June 8, which connects promising digital startups with local, regional, and international investment firms and investors to support digital entrepreneurship in Qatar.
The programme introduces investment opportunities for entrepreneurs and startups that harness emerging technologies to serve Qatar’s digital economy, enabling them to expand the scope of their businesses. It is a platform that promotes financial growth among growing businesses. The number of applications exceeded 38 from investors and 120 from Tech startups from over 27 countries. DIC team is now screening the applications and will contact the selected applications. Before the event, all shortlisted participants will be individually mentored by global experts on pitch presentations and will also be part of the pre-event matchmaking process.
The final top 20 pitches will be made in the presence of investors at the 'Make the Deal'. The training will enable them to further their pitches as the programme aims to sign strategic deals at the final pitch presentations. Make the Deal will also assist business owners with previously established relationships with investors to improve their pitch skills.
MCIT’s DIC was established to foster a supportive ecosystem for digital startups in Qatar through its programs and local and international partnerships. Through the Make the Deal program, the DIC match makes startups with investors worldwide. The third edition of the Make the Deal witnessed a great demand from startups inside and outside Qatar, and 15 startups won funding grants from international investors amounting to QR22.6mn.