The initiative aims to support local startups and entrepreneurs in marketing their products and provides them with easy access to consumers, which contributes to the growth of their companies, development of their businesses and acquisition of expertise, the statement notes.
It also supports the state's efforts in promoting local products as part of the government's strategic economic diversification plans aimed at achieving Qatar National Vision 2030.
The MEC had previously launched several initiatives to support small- and medium-sized enterprises and investors, including streamlining procedures and licensing conditions for business centre's, granting licenses for home business, regulating the work of street vendors and offering 12 investment opportunities to license mobile vendors.
The Ministry of Economy and Commerce (MEC) has called on local startup companies to join its 'National Product' initiative which was launched last November in collaboration with Al Meera Consumer Goods Company and Bedaya Center for Entrepreneurship and Career Development (Bedaya Center).