Qatar Research, Development and Innovation (QRDI) Council, signed a memorandum of understanding (MoU) with Alchemist Doha as part of its efforts to elevate Qatar’s innovation ecosystem and increase its impact in propelling productivity advancements and economic growth.
The MoU was signed by Sheikh Abdulla bin Mubarak al-Thani, on behalf of QRDI Council and Ravi Belani, on behalf of Alchemist Doha, as part of the Web Summit Qatar’s activities 2024.
Omar A al-Ansari, secretary general of QRDI Council, said: “The strategic partnership between QRDI Council and Alchemist Doha marks a significant milestone in fostering innovation and entrepreneurship within Qatar's tech ecosystem." He added, “It demonstrates QRDI Council’s commitment to fostering innovation and developing Qatar’s RDI ecosystem, in alignment with the recently announced NDS-3, to achieve Qatar National Vision 2030.”
Ravi Belani, CEO and founder of Alchemist Accelerator stated: “We are excited to partner with QRDI Council in order to provide Alchemist Doha’s tech entrepreneurs and startups with unprecedented support, facilitating their entry and growth into the Qatar RDI ecosystem.”
This MoU ensures that tech startups associated with Alchemist Doha will have enhanced access to Qatar's private sector, leading academic institutions, and key governmental bodies. It nurtures innovation in critical sectors such as biomedical and artificial intelligence, aligning with Qatar's ambition to become a technological advancement and innovation hub.
Furthermore, QRDI Council will provide Alchemist Doha startups with comprehensive access to its suite of programmes, including the Qatar Open Innovation and the Technology Development Grant. These resources and the features of the QRDI Portal, an RDI collaborative platform, are designed to support the creation of a dynamic Research, Development and Innovation ecosystem in Qatar.
Alchemist Doha is Alchemist Accelerator’s exclusive regional hub in the Mena region. Startups accepted to Alchemist Doha will be incubated for 24 months, provided with soft-landing services and establishment assistance, in addition to being matched with opportunities for piloting their products and services within the Qatar market.
Sheikh Abdulla bin Mubarak al-Thani and Ravi Belani exchanging the agreement.
