(MENAFN- Gulf Times) Some of Qatar's most promising entrepreneurs took to the stage recently at the first-ever Demo Day at Qatar Science & Technology Park (QSTP), marking the completion of an intense three-month Accelerator Programme to prepare them for launching their ideas to market.
Graduates were given their first taste of business as they presented to local investors and mentors at a unique evening designed to showcase the inventions they have developed.
The graduates are the first cohort to pass through QSTP's unique incubator process designed to nurture and coach local entrepreneurs to develop their inventions to a level where they can successfully present their prototypes and strategies to commercialise them to potential angel investors.
QSTP, Qatar's primary accelerator and incubator for technology-based start-ups, supports Qatar Foundation's R&D by fostering new talent in an environment designed specifically to accelerate their route to market in a bid to truly nurture and support innovation and entrepreneurship in Qatar.
Opening the event, Hamad al-Kuwari, managing director of QSTP, said the region thrives on local talent who can, with the right support, secure a spot for Qatar and the region on the world's map of knowledge economies.
One entrepreneur presenting at the Demo Day was Mohamed Mansour al-Sharshani, part of the team behind an advanced bimolecular kit that can assess the severity of cancer replacing the less precise positive or negative outcome of current market models.
He said: "Being part of the QSTP Accelerator Programme has allowed us to develop our business plan and create a proposal that we can now take to potential investors. It really is a unique platform that has given us valuable experience, insights and contacts in the industry."
Another successful graduate was David Limmer, a team member of TurbAero, inventers of a new light aircraft engine. He was of the view that the QSTP Accelerator Programme itself has been extremely educational.
Other ideas presented to the investors were education-enhancing video games, space saving power storage, an application for equestrian endurance racing and a solution for diabetic monitoring.
QSTP focuses on supporting innovation and entrepreneurship through four key themes: Energy, Environment, Health Sciences and Information & Communication Technologies.
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