Doha: Qatar Development Bank (QDB) and Young Entrepreneurs Club, operating under the Ministry of Sports and Youth, signed a partnership agreement aimed at fostering entrepreneurship and innovation in Qatar.
According to Qatar News Agency, the agreement seeks to integrate the Club’s existing programs and initiatives with the comprehensive support network and resources provided by QDB. This collaboration aims to create a significant impact, furthering efforts to build a thriving entrepreneurial ecosystem, empower young innovators, and strengthen the small and medium-sized enterprise (SME) sector nationally.
Under the agreement, QDB will serve as one of the Club’s main supporters, backing various initiatives, including conferences, entrepreneurial events, and year-round workshops designed to support entrepreneurs. The Bank will also support the YEC.qa platform and app while collaborating on knowledge sharing and mentorship to expand opportunities within Qatar’s entrepreneurship landscape.
Senior Marketing and Communications Manager at QDB, Ahmad Hassan Al Mahasna, commented that this partnership marks a new step toward further development in Qatar’s entrepreneurship sector, particularly among youth who are increasingly seeking active roles in the investment space. He expressed enthusiasm about collaborating with the Young Entrepreneurs Club and supporting their activities and events to help shape the next generation of business leaders. Their involvement in this year’s Rowad Conference is expected to add value and enhance its success.
Abdulrahman Tarek Al Emadi, Chief of Membership and Organization at the Young Entrepreneurs Club, emphasized the strategic importance of this move, stating that impactful partnerships with national institutions like QDB are essential to empowering ambitious youth. He highlighted the agreement as a valuable addition to their mission of nurturing entrepreneurial projects and strengthening the capabilities of Qatari entrepreneurs. The collaboration aims to launch innovative programs and initiatives to create a sustainable and competitive business environment locally and globally.
This agreement is part of QDB’s ongoing efforts to enhance the local entrepreneurial environment and provide Qatari youth with greater opportunities to contribute to the national economy, aligning with Qatar’s vision for a diversified, knowledge-based economy that champions innovation.