The Startup Ecosystem of Qatar
Qatar has 1 city in the top 1000 and is one of Middle East’s best countries for setting up a startup.
COUNTRY RANKING
Since 2023, Qatar lost 4 spots in the Global Startup Ecosystem Index, having now positioned itself as 90th worldwide.
Population
Million
Regional Ranking
In Middle East
Global Ranking
Worldwide
Ecosystem
Startup Ecosystem Overview
Qatar is one of the world’s richest countries due to large oil and gas reserves, but should prepare for a period when oil will not be able to sustain its economy. According to the Qatar National Vision 2030, the government is making efforts to expand the economy and make it more flexible and competitive. In spite of the Qatar diplomatic crisis (2017-2021), the local tech ecosystem has remained relatively unscathed with several promising startups, such as Snoonu which raised the highest Seed investment to date and At-Home-Doc which raised the highest Series A investment. The eventful 2022 World Cup also brought Qatar to the attention of the world and creates a branding opportunity for the country and its startup ecosystem.
In recent years, the country has started to attract foreign startups due to a favorable business environment for tech initiatives. When it comes to attracting foreign startups, entrepreneurs, and investors to the country, Invest Qatar is a key organization to recognize. They work closely with businesses from ideation to operations, understanding their overall objectives and connecting them with the right stakeholders, resources, and platforms. Invest Qatar Gateway platform acts like a bridge between companies to partner, find resources, and connect with the Invest Qatar team.
In addition to an attractive investment environment, Qatar has a tight-knit startup community with a number of incubation centers, seed funding programs, and hubs, like the Qatar Science & Technology Park, the Qatar Business and Incubation Centre, the Digital Incubation Center, and the Qatar Foundation (QF).
Qatar has many things to offer entrepreneurs, satisfying key conditions like talent, capital, and market, to build a thriving startup ecosystem. To grow faster, the government should encourage the launch of more private sector venture capital funds in order to produce scalable startups and success stories to make Qatar a regional hub.
Startups
Qatar Top Startup Industries
7 startups
Ecosystem HealthCheck
Qatar Ecosystem Health Check
The health check tables allow you to look at the performance Qatar has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
- Overperformance
- Performance equal to global ranking
- Underperformance
ECOSYSTEM
Browse the startup ecosystem database of Qatar
Become our Qatar Ecosystem Partner
Ecosystem
The Startup Ecosystem in Qatar
Global Rank
Qatar is ranked within the top 100 startup ecosystems globally.
Top Industries
Qatar’s startup scene is best represented in Software & Data, Fintech, and in and Healthtech.
Top Cities for Startups in Qatar - Ranked by StartupBlink
| 2023 National Rank & Change | City | Global Rank & Change | Total Score | Quantity Score | Quality Score | Business Score |
|---|---|---|---|---|---|---|
1st 0 | 536th - 5 | 0.438 | 00.00 | 00.00 | 00.00 |
Startups
Notable Startups in Qatar
Startups
Successful Software & Data startups in Qatar
ECOSYSTEMSFeatured Startup Ecosystems
BLOG
Recent Posts
Mon Sep 25 2023
Role of Universities in Startup Ecosystems
In this article, we’ll explore the role of universities in startup ecosystems. Join us for an enlightening discussion in the 39th episode of our Startup Ecosystem Podcast series, where Martin Jordana welcomes David Kwok. David, the Director of Entrepreneurship & Innovation at YSpace —a university run community innovation hub nestled in Downtown Markham —shares valuable […]
Tue Sep 19 2023
The Global Startup Ecosystem Rankings by StartupBlink
The Global Startup Ecosystem Index (GSEI) reveals the startup ecosystem rankings of 1,000 cities and 100 countries based on various factors. It uses an algorithm that considers many parameters and incorporates data from different sources and partners such as Crunchbase, SEMRush and Statista. The results of this index are also integrated with the StartupBlink Global […]
Fri Sep 08 2023
Where are the Cities of the Future for Startups?
At StartupBlink, we always say that where you base your startup highly affects your success. Hence, the Global Startup Ecosystem Index sheds light on location-based decisions for startups and other ecosystem stakeholders. In this episode of the Startup Ecosystem Podcast, Eli David and Martin Jordana go further to discuss the cities of the future for […]