Startups in Qatar to benefit from USD5mn seed fund


(MENAFN) Innovation-driven entrepreneurs in Qatar will gain USD5mn from a startup fund being improved to help and upgrade the growth of small firms.

Accordingly, the startup fund is the product of a tie between 360 Nautica and India's seed investment and innovation platform, Venture Catalysts.

Meanwhile, 360 Nautica is working with Qatar Business and Incubation Center to identify startups that could benefit from the fund.

Furthermore, the country can benefit in terms of having firms that produce locally what the market requires.

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