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QSTP & EIA partner to bring tech ventures to Qatar and Arab world

QSTP & EIA partner to bring tech ventures to Qatar and Arab world


Tribune News Network
Doha
Qatar Science and Technology Park (QSTP), part of Qatar Foundation Research and Development (QF R&D), and the European Innovation Academy (EIA) have signed an agreement to establish a long-term collaboration that will develop a new initiative, the Arab Innovation Academy (AIA).
The AIA is a two-week boot-camp for aspiring college students in pan-Arab countries, presenting them with real-life experience in how to develop and launch new tech-based ventures.
Students from top universities in Qatar and across the region will take part in the programme, which enables participants to leverage a network of globally-experienced mentors to advance their startup ideas.
QSTP Managing Director Dr Maher Hakim said,"We are excited to join forces with the EIA to bring their coveted innovation capacity building programme and network to the Arab World for the first time. The initiative aims to import international best practices to boost an innovation mind-set locally and regionally, in addition to attracting, retaining and assisting budding Arab tech entrepreneurs."
"We strive to level the playing field to empower the region to compete with other global innovation hubs, such as Silicon Valley. The Arab Innovation Academy will work on mentoring as many young talents as possible through a multidisciplinary approach that will determine the best means of launching new tech-based products and services relevant to our markets," he added.
The AIA, which is intended to be a yearly programme organised by QSTP and the EIA in collaboration with other partners, will open its doors to students in selected universities around the Arab World to raise awareness around tech entrepreneurship and spur new business ventures. Through the initiative, QSTP, a member of Qatar Foundation for Education, Science and Community Development (QF), endeavours to foster an innovation ecosystem in Qatar and the region.
Commenting on the agreement, President of EIA Alar Kolk said,"Students from Qatar Foundation's partner universities have participated in our European programmes in the past, so we are fully aware of the passion and skills of students in Qatar. We are excited about the AIA's potential to scale this effort within Qatar and the Arab World, and we could not have asked for a better partner than QSTP."
Within the framework of the agreement, EIA will tap into its extensive global network of mentors, speakers and investors, including those from Silicon Valley, assist in marketing and student recruitment efforts, and facilitate the logistics with which to conduct the programme in Qatar.
In addition, EIA will develop study materials and tools, including playbooks, a mentor handbook, an online platform and a mobile application.

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