Doha, 30 April 2019 – QNB, the largest financial institution in the Middle East and Africa, has announced its gold sponsorship of the 12th edition of Demo Day, as well as its participation in the judging committee of the event, which will be held on 1 May 2019.
The event, which is organized by the Qatar Business Incubation Center (QBIC), is held semi-annually at the end of an about 10-week long LeanStartup program for a number of select entrepreneurs in Qatar with start-up business ideas.
Throughout the program, the participating entrepreneurs test the market viability of their intended product or service by talking to customers, partners and suppliers to validate their ideas, then they pitch to investors and a judging committee during the “Demo Day” event.
QNB Group is always keen to offer its annual sponsorship and support to Demo Day due to the importance of this event in aiding the launch of the creative endeavours of Qatari businesspeople. Through its backing to this important event, QNB contributes to the realization of Qatar’s 2030 National Vision by encouraging and empowering a new generation of Qatari entrepreneurs and SMEs and giving them a strong start in the market, since they are the driving force for the development of the Qatari economy, as well as diversifying national income sources.
QNB is always ready to offer its full participation and support for the QBIC and all its partners in the SME sector, as well as exchanging the needed ideas and experience which QNB takes great care to constantly develop to keep up with the requirements of the national Qatari market and economy.
QNB’s efforts to develop SMEs and entrepreneurs go beyond sponsorship to include the Bank’s nurturing and support of all workers in this important sector, and to the dedication of a corporate branch at the Al Shoumoukh Tower to fulfil all their needs. The Bank also serves its SME customers through its dedicated corporate branches in Ain Khaled, Wakrah, Al-Khor, Industrial Area, Mesaieed Industrial City, and the Bank’s Head Office.
The QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 30,000 operating through 1,100 locations, with an ATM network of more than 4,400 machines.