Qatar Development Bank offers African startups up to $5.5m in funding

Qatar is offering African technology startups up to $5.5 million in investment funding, alongside residency permits, subsidised housing and business support. The programme is operated by the government-owned QDB and targets foreign founders willing to establish or expand their businesses in the country.

Funding Categories and Requirements

Under the Startup Qatar Investment Programme, early-stage companies can access up to $1.1 million to establish operations, while established businesses seeking international expansion can receive up to $5.5 million. The START category targets startups with a proof of concept or minimum viable product, a clear business model and an identifiable market opportunity. The GROW category is designed for established businesses that have operated for at least three years, demonstrate financial stability, and have an experienced management team and previous fundraising history. The bank releases the investment in instalments as companies achieve agreed business milestones.

Additional Support and Conditions

Successful applicants may receive waivers on company registration and licence renewal fees, subsidised co-working facilities, recruitment assistance, access to research grants, and mentorship. Qatar introduced a five-year renewable residence permit for eligible foreign entrepreneurs and senior executives in February 2026 without requiring a local sponsor. Applicants must obtain endorsement from a recognised Qatari business incubator and demonstrate that they maintained at least QAR 36,500 in their bank accounts over the preceding three months.