Qatar Financial Centre Authority (QFCA), the legal and tax arm of the Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, has signed an MoU with the media services company 'Unicorn Media', producer of the pioneering business reality show 'Unicorn Hunters'. The show is a platform where entrepreneurs pitch their business ideas to investors around the world, offering them access to funding.
The MoU was signed during the 4th annual Qatar Economic Forum activities, in partnership between Bloomberg Media and Media City Qatar
The MoU encompasses cooperation in establishing a framework that boosts Qatars innovation and entrepreneurial ecosystem through innovation events, programs, and projects in various business areas.
The MoU also stipulates the establishment of effective strategic partnerships with business accelerators, incubators, and global innovation hubs to offer entrepreneurs a chance to set up their businesses in Qatar and benefit from QFCs competitive facilities and incentives.
Through this MoU, the two parties aim to identify startups and innovative projects in Qatar, selecting candidates from among them to participate in the 'Unicorn Hunters' show.
Commenting on the MoU, QFC's CEO Yousuf Mohamed Al Jaida said, "this partnership reflects QFCs ongoing efforts in supporting Qatari entrepreneurs and empowering local startups and SMEs by providing a conducive business environment and an advanced innovation ecosystem that help them grow and expand."
For her part, the CEO and Co-founder of Unicorn Inc. Silvina Moschini commented on the signing of the MoU saying, "Qatar has emerged as the perfect bridge connecting the innovative minds of the East and the West, fostering a unique blend of diverse perspectives and groundbreaking ideas."
"As the driving force behind Unicorn Hunters, our mission is to propel innovation even further by empowering high-growth companies through global crowd-financing," she said, adding, "by partnering with the government of Qatar and Qatar Financial Centre, as our leading partner in ecosystem building and innovation in the East, we are not only strengthening our global network but also paving the way for a new era of collaboration and prosperity."
