Qatar SportsTech, a QDB accelerator, hosts angel investor bootcamp
Encouraging SportsTech industry investment in Qatar
Qatar SportsTech (QST), a leading startup accelerator founded by Qatar Development Bank (QDB), has announced the opening of applications for an Angel Investor Bootcamp to be held virtually on May 24th and May 25th, 2021.
In line with QDB’s mission to develop, grow and diversify Qatar’s private sector, QST initiated this bootcamp to further enhance sportstech startups in the country by empowering investors and driving interest towards the rapidly growing industry. QDB is committed to strengthening the economy of innovation, rewarding its talents, and multiplying the number of stakeholders to foster innovation, and help the most promising startups reach their potential, achieving the goals of Qatar National Vision 2030.
QST is powered by Startupbootcamp, and supported by the Supreme Committee for Delivery and Legacy, Qatar Stars League, beIN Media Group, MBK Holding, Aspire Zone Foundation, Qatar Financial Centre, and the Ministry of Commerce and Industry
The Angel Investor bootcamp will educate new and seasoned investors interested in the sportstech industry with QST support and access to its sportstech startups base. The purpose of the 2 days-long bootcamp is to help local and international industry experts learn how to invest in startups and kick off their investment journey with QST. The bootcamp will also bring esteemed local and international angel investors into the QST network, providing them with an opportunity to meet and collaborate with the startups under Qatar SportsTech umbrella.
The first day of the bootcamp will launch with a virtual panel discussion at 18:00 Doha time on 24 May, titled ‘Investment and Innovation in SportsTech', where esteemed industry experts from Qatar and the region will discuss the role of technology in transforming the world of sports and how heavy investments are fostering innovation in the sportstech industry. This will be followed by a workshop, conducted by David Stern, a renowned angel investor experienced with sports and sportstech industries, which will offer participants insights on angel investment, the sportstech market and its main players and challenges and where the facilitators will share their own experiences, providing a hands-on approach to angel investors in sportstech.
The second day of the bootcamp will serve as a networking platform for sportstech investment professionals and will facilitate the encounters between potential investors and startups from QST’s portfolio seeking to raise capital. Investors will be able to watch notable members from QST’s alumni network and current cohort pitch and can make their first investment in QST’s startups.
The ever expanding Qatar Sportstech portfolio comprises of successful and innovative startups with a global reach, including ComeTogether, who have sold their blockchain-powered ticketing system to major live festivals and created a HealthPassport app to help the Greek government combat the Covid-19 pandemic and allow individuals to safely go back to events; FATE Esports who is working with Uber Eats International gaming tournament “eLigue 1” that will be taking place in Qatar, Brazil, Japan, Ivory Coast, Morocco and the United States; GYMCraft, already valued at over USD $7.3M and partnering with international conglomerates Samsung and Precor; and Sponix, whose technology has been used in major international competitions such as UEFA Euro 2020 and Champions League, by major broadcasters like Benfica, RMC Sports and BeIN Sports, as well as by the leading football clubs.
The online applications for aspiring investors are open here and the form to sign up for the panel discussion is available here. For more information, please visit https://qatarsportstech.com/
