Qatar Development Bank, Microsoft joins forces to support startups

Founders hub, other Microsoft learning tools for Qatar's entrepreneurs
Qatar Development Bank, Microsoft joins forces to support startups
(Right) Mr. Abdulrahman Hesham Al Sowaidi and Lana Khalaf (Photo Credit: Qatar News Agency)

Qatar Development Bank (QDB) has partnered with Microsoft to provide entrepreneurs and innovators in Qatar with a wide range of technologies and tools to boost their success.
The partnership aims to accelerate the digital transformation of startups and Small and Medium Enterprises (SMEs), foster innovation, and strengthen Qatar’s position as a regional innovation and technology hub.

Additionally, the collaboration enables SMEs to leverage Microsoft Cloud to improve performance, increase productivity, reduce costs, and develop innovative solutions using emerging technologies.

Read more: Startups in UAE, Saudi, and Egypt raised almost $3.5 bn in 2022

SMEs can also build their digital skills through the Microsoft Learn platform, which equips entrepreneurs and employees with the necessary skills to accelerate digital transformation and achieve growth in a knowledge-based economy.

Moreover, QDB’s startups will have access to Microsoft’s Founders Hub platform, which brings together people, knowledge, and technology to help founders solve challenges at every stage of their entrepreneurial journey.

Entrepreneurs and startups can further leverage cloud technology, such as artificial intelligence, data analytics, and the Internet of Things, to launch a successful business using Microsoft’s learning tools.

Mr. Abdulrahman Hesham Al Sowaidi, Acting CEO of QDB, commented that the partnership offers access to an advanced set of digital platforms and ensures the preparedness of innovators and startups to pursue their aspirations.

For her part, Lana Khalaf, General Manager, Microsoft Qatar, said, “Startups and SMEs play a pivotal role in accelerating Qatar’s digital economy and its position as an innovation hub for investment.”

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