The map·Qatar·State equity

QDB Istithmar - SME Equity

The direct equity programme of Qatar Development Bank for innovative small and growing medium enterprises in Qatar - separate from Ithmar, which is the seed tier.

What
Tickets QAR 1.5–7M for small enterprises, QAR 3.5–18M for medium enterprises; equity under 50%.
Who
Qatari-owned operational companies with active Qatari management, under 250 staff, revenue under QAR 100M.
Cost
Equity — QDB takes under 50% stake
From abroad
Nationals or residents of Qatar — Qatari-owned operational company with active Qatari involvement in management All programmes open to founders from abroad →
Status
Active

Checked · September 2026 · qdb.qa/en/financing-and-funding/equity-and-inves · How we check ↗

In detail

QDB Istithmar - SME Equity is a direct equity investment (QDB investment) in Qatar. The direct equity programme of Qatar Development Bank for innovative small and growing medium enterprises in Qatar - separate from Ithmar, which is the seed tier. QDB publishes no dedicated product page: the terms sit on its Investment page, the government portal Hukoomi lists it as the Istithmar (SME Equity) Financing Program, and the 2024 QDB venture report calls it Istithmar (Growth Funding). The Invest Qatar directory spells it Estithmar, which matches no QDB source.

Amount
Fund size QAR 365M - tickets QAR 1.5-7M for innovative small enterprises and QAR 3.5-18M for growing medium enterprises - less than 50% stake - 8-10 year horizon (5 years deployment, 3-5 years holding)
Terms
Yes - less than 50% stake
Eligibility
Qatari-owned operational company with active Qatari involvement in management - under 250 employees - revenue under QAR 100M - assets under QAR 50M - innovative small enterprises under 3 years of operations, growing medium enterprises at least 3 years of financial statements
Sectors
Sector-agnostic with a preference for strategic sectors - construction, contracting and trade excluded
Benefits
Growth capital without a majority handover - QDB stays under 50% - long holding period of 8 to 10 years
Status
Active - selectable service on the QDB one-stop application form. No dated 2025 or 2026 deal announcement found, and the QDB year in review of January 2026 does not mention it

What the source says

“Qatari-owned operational company; Active Qatari involvement in management”

“Size: QAR 365 million”

“Ticket size: QAR 1.5-7 million”

“QAR 3.5-18 million for innovative small enterprises”

“Target shareholding: Less than 50% stake”

“Total turnover less than QAR 100 million”

Closing soon on the map

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All published deadlines →

More state equity in Qatar

QDB Ithmar

State equity · Qatar
Seed equity via convertible Musharaka; founder contributes minimum 10%.
Convertible — Musharaka converts into shares

Startup Qatar Investment Program

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START up to $1.1M, GROW up to $5.5M, released in tranches against milestones.
Equity

All state equity in Qatar →  ·  Across the Gulf →

Sources

Primary source · qdb.qa/en/financing-and-funding/equity-and-investment · LinkedIn · linkedin.com/company/qatar-development-bank · Checked September 2026

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