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Qatar SportsTech, A QDB Accelerator, Concludes Fourth Cohort of its Accelerator Program
 
Qatar SportsTech, A QDB Accelerator, Concludes Fourth Cohort of its Accelerator Program

10 innovative sportstech startups from 8 countries were accelerated as part of QST’s award-winning Accelerator Program

Doha, 3 June 2021:  Qatar SportsTech (QST), a leading startup accelerator founded by Qatar Development Bank (QDB), is pleased to announce the successful completion of the fourth cohort of its Accelerator Program.

The 10 accelerated startups include Field of Vision, ComeTogether, Stable Innovations, BBox Sports, Navbuddy, Juego Football, StretchSkin, NSAtech, Ai Abacus, Sentio Sports. 

In line with the QDB’s mission to develop and diversify the private sector in Qatar, QST’s intensive three-month Accelerator Program supported 10 innovative startups from across the globe in accelerating their growth. Startups will also further develop their solutions in the industry in line with QST’s vision to be a catalyst for reshaping sports technology in the region and beyond.

The selected startups had the opportunity to engage in specialized workshops hosted by international experts; one-on-one coaching sessions with industry specialists and partners as well as receive mentor support from world-class professionals and global leaders in sportstech.

During the program, the accelerated startups also engaged with key players driving Qatar’s sports and entrepreneurial ecosystems, including QST’s founder, QDB, its powering partner Startupbootcamp, and its strategic partners Supreme Committee for Delivery & Legacy, Qatar Stars League, beIN Media Group, MBK Holding, Qatar Financial Centre, Aspire Zone Foundation, and the Ministry of Commerce & Industry.

Furthermore, the startups took part in investor pitching events with potential investors from QST’s network, providing them with the ideal opportunity to secure further funding beyond the program, helping them to grow their business and establish themselves in Qatar as well as to expand globally. 

To celebrate the wrap-up of the fourth cohort, QST will hold the final Demo Day on 3 June 2021, where each of the 10 startups will showcase their innovations to QST’s partners and global mentor and investor networks. This cohort’s groundbreaking innovations cover the most disruptive technologies, including a blockchain-based digital ticketing engine, a device to help visually impaired immerse themselves in a football match, a fan engagement platform that includes collectible sports non-fungible tokens (NFTs), a predictive talent insights platform that enables smarter decisions in the football transfer market, and stretchable health monitoring solutions amongst many others.

The Demo Day will be live streamed on Youtube and Instagram for the wider sportstech community to watch, and startups’ pitches will remain online on QST’s Demo Day website, (demoday.qatarsportstech.com) allowing all interested investors to connect with the startups. 

Following Demo Day, QST will continue supporting each company’s growth with targeted connections, hands-on commercial and fundraising support, in addition to events that bring together a wealth of alumni companies worldwide. Cohort 4 graduating startups will join the community of previous 35 QST alumnus, who have raised nearly USD 10 million in funds to-date and worked with international brands and organizations, amplifying the reach and the recognition of Qatar’s sportstech scene globally. 

Ibrahim Abdulaziz Al Mannai, Executive Director of Advisory & Incubation of QDB, said: “We would like to congratulate the 4th Cohort alumni of QST’s Accelerator Program, whose bold ideas and disruptive technologies will play a key role in further boosting Qatar’s sportstech industry. With years of experience in incubation and investment, QDB prides itself to be a pioneer in the entrepreneurial industry in Qatar, showcasing its commitment to diversify and grow Qatar’s economy of innovation, in line with the Qatar National Vision 2030”.

Omar Salem, CEO and Co-Founder of Field of Vision, said: “QST provided us with exposure to the sports and broadcasting industries, which we were trying to break in to. The QST team and our mentors have given us the insight we need to refine both our product and our business proposition towards stadiums and clubs. We are in a much stronger position now and are going into our customer trials next month as a result!”

Posted by : Qatar and Doha City PR Network Editorial Team
Viewed 3013 times
PR Category : Entertainment
Posted on : Thursday, June 3, 2021  9:54:00 AM UAE local time (GMT+4)
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