- What
- Backing via Startup Qatar, targeting a QAR 1 billion portfolio by 2030.
- Status
- Active
Checked · September 2026 · qdb.qa · How we check ↗
In detail
Qatar Development Bank is a development bank in Qatar. The primary funding and development institution for startups in Qatar. Runs the Startup Qatar Investment Program (START and GROW), Ithmar, the ROWAD Awards and QBIC. Its Startup Qatar Investment Program (2024) has backed 40+ startups from 15 countries — most recently joining Multiverse Computing’s €500M Series C (€1.5B valuation), bringing the AI unicorn’s regional HQ to Doha (Aug 2026); target portfolio QAR 1B by 2030. QBIC, a QDB entity, runs a Pre-Accelerator and an Accelerator programme; both take applications via the QBIC application hub.
- Amount
- More than 40 startups from 15 countries backed via Startup Qatar since 2024 · target portfolio QAR 1 billion by 2030
- Services
- Equity
- Loans
- Guarantees
- Incubation
- Acceleration
- Mentoring
- Status
- Always active
What the source says
“© QDB 2026”
“The program's target portfolio is set to reach QAR 1 billion by 2030, reinforcing Qatar’s long-term commitment to building a globally competitive startup and innovation ecosystem.”
“Since Startup Qatar was launched in 2024, QDB has invested through the initiative in more than 40 startups from 15 countries worldwide.”
“QDB’s investment forms part of the company’s EUR 500 million Series C funding round, which values Multiverse Computing at EUR 1.5 billion.”
Closing soon on the map
Cultural Development Fund (CDF)
Finspire
QSTP Incubation
More government programmes in Qatar
Invest Qatar
Media City Qatar
QFC Digital Assets Lab
Qatar Financial Centre (QFC)
Sources
Primary source · qdb.qa · LinkedIn · linkedin.com/company/qatar-development-bank · Checked September 2026