QDB launches 10th edition of Al Fikra

Qatar Development Bank (QDB) launched its 10th edition of Al Fikra National Business Competition.

The QDB will start receiving applications as of Sunday, July 25, 2021 and will continue receiving them for one month. All those interested can visit QDB’s website for full details.

This will enable the Qatari led Start-ups and entrepreneurs to develop business ideas that can be turned into successful private value-adding businesses by providing the participants with a series of training that equips them with the knowledge and skills to be able to conceptualize and develop their business ideas.

Al Fikra will be divided into three categories. The first is Al Fikra challenges, which focuses on several sectors, namely the technology sector, the environmental sector, the education sector, the industrial sector and smart cities. Participants in this category must devise business ideas that address the challenges in the market.

The second category is Al Fikra Startup, which is a competition for general business ideas; while the third is Al Fikra Mashroie which targets university students, who have previously participated in university competitions in the field of entrepreneurship, and who are nominated to be representatives of their universities to compete on their behalf in the competition.

QDB CEO Abdulaziz bin Nasser Al Khalifa said that the bank is launching the 10th edition of Al Fikra, which has been developing year after year, to meet the aspirations of entrepreneurs in Qatar in order to encourage them to participate in this educational competition so that they can contribute effectively to enriching the entrepreneurship system and resulting support for the Qatari economy.