Qatar Business Incubation Center (QBIC) and the Qatari Businesswomen Association (QBWA), signed a memorandum of understanding on May 7th, 2015 initiating a partnership to advocate both parties’ support for female entrepreneurs, as well as their commitment towards creating a modern, knowledge-based economy aligned with Qatar National Vision 2030.
The agreement is part of QBIC’s long-term plan to partner-up with establishments that share similar values about developing the local entrepreneurial scene, and creating opportunities for aspiring businesswomen.
Organizations such as QBWA will assist QBIC in providing quality services and practical tools to help achieve its mission of developing the next QAR 100 million value companies in Qatar.
It is also part of Qatari Businesswomen Association’s plan that focuses on initiating partnerships with key stakeholders who are providing support to entrepreneurs in Qatar, which will enable the association to offer a wide range of services to its members and to Qatari women who want to start their own businesses, QBWA is also keen on working with the new generation of women and girls entrepreneurs who have innovative ideas in order to help them turn them into successful businesses and therefore, contribute to boost the economy.
Based on this MOU, QBWA will grant discounted membership to QBIC female entrepreneurs who wish to be part of the association, and grant them access to participate in QBWA’s activities throughout the year. Female QBIC entrepreneurs will also have the chance to take part in QBWA’s networking events as mentors or Angel investors.
In addition, QBIC and QBWA are set to launch a couple of programs to support and encourage women entrepreneurs who feel uncomfortable working in co-ed environments to start their own businesses. The programs will be similar to QBIC’s flagship 10-week LeanStartup Program, that helps entrepreneurs turn their business ideas into startups.
Aisha Alfardan, Vice Chairwoman of QBWA said: “QBWA is delighted to partner up with a reputable center like QBIC. We’re looking forward to working on women-oriented entrepreneurial projects, and welcome ambitious Qatari women to join QBWA.”
Aysha Al Mudahka, QBIC CEO said: “As a woman who has a deep passion for entrepreneurship, I immediately relate to women who have bright ideas and want to see them materialize. My entrepreneurial journey wasn’t easy but with the support I had it was possible to achieve my career goals, and so I’m thrilled to be working with QBWA on an arrangement that will further assist Qatari women and support them through their innovative journey.”