Qatar Fintech Hub (QFTH)
Overview
Qatar Fintech Hub (QFTH) offers two series of programs: Incubator and Accelerator. The Incubator Program is a 12-week program designed for early stage entrepreneurs and FinTechs with a Minimum Viable Product (MVP) who want to turn their prototype into a marketable product, build traction, and raise funds. Among the benefits offered by QFTH to the FinTechs in this program through the comprehensive package worth ~$250,000 are: cash investments of $40,000; FinTech workshops and bootcamps covering topics such as product development and team building; and QFTH investor network access.
The Accelerator Program is a 12-week program designed for later stage FinTechs who want to expand globally and have a Proven Product Market Fit. The program works to cultivate business collaborations between FinTech and QFTH partners, which includes the Qatar FinTech task force. Among the benefits offered by QFTH to the FinTechs in this program through the comprehensive package worth ~$300,000 are: cash investments of $100,000; FinTech workshops and bootcamps covering topics such as local ecosystem management and product alignment and deployment; and Qatar Central Bank payments sandbox support.