DIC incubates 25 new start-ups
The Digital Incubation Centre, a division of the Ministry of Transport and Communications, has announced that it will incubate 25 new start-up companies this year selected from the second edition of its Creative Ideas Camp.
The announcement was made at a ceremony attended by Minister of Transport and Communications HE Jassim bin Saif Al Sulaiti and Assistant Undersecretary of Digital Society Development Sector Ms Reem Al Mansouri. The ceremony was organized to celebrate the graduation of nine companies that completed their incubation in 2018.
Speaking at the event, Ms Duha Ali Al Buhendi, DIC Acting General Manager, said,”DIC is proud to graduate nine companies that completed their incubation in 2018, bringing the total number of companies successfully graduated since the establishment of the incubator to 36.” She added; “25 new creative ideas have now been integrated into the incubator program, bringing the total number of startups currently incubated in the DIC to 58, of which 12 are in the growth stage.”
In 2018 incubator start-ups were able to provide 203 jobs, bringing the total number of jobs provided by the incubator companies since its inception to about 402.
On services offered in 2018, in a presentation, Al-Buhendi said DIC provided 16 training courses for entrepreneurs and startups, including business courses and technological courses.
“The number of entrepreneurs who gained from the training courses was 237, bringing the total number of entrepreneurs benefiting from our services to 1,162 entrepreneurs since 2013,” she pointed out.
The Digital Incubation Center (DIC) was created to boost ICT innovation in Qatar, particularly among young people at the critical early stages of starting or growing a technology-related business.