According to Incanarabia, Qatar is creating a new fund, worth 6 billion QAR, to grow innovation and tech startups at the opening of QITCOM Conference in Doha.
The fund would be used to help foster startups across three government incubators; the Digital Incubation Centre at the Ministry of Transport and Communications, the Qatar Development Bank’s program for SMEs and Entrepreneurs, and QBIC (Qatar Business Incubation Centre).
For more info, visit http://www.incarabia.com/money/qatar-announces-giant-qar6-billion-fund-for-innovators-startups/