Posted on April 30, 2017

In the interest of developing local entrepreneurs and achieving higher scales of small and medium-sized enterprise (SME) competitiveness in Qatar, Qatar Development Bank (QDB) announced its latest upcoming joint venture with Babson College: Entrepreneur’s Boot Camp. Scheduled to be held at the St. Regis Doha from 7 to 10 May 2017, the Entrepreneur’s Boot Camp is open to both aspiring and seasoned entrepreneurs with creative ideas as well as working professionals looking to bring entrepreneurial thinking into the workplace.

Through its latest workshop, QDB aims to help participants develop a stronger entrepreneurial mindset as well as explore common challenges faced by founders and chief executives of companies in areas such as ideation techniques, team-building, entrepreneurs, competitive assessments, defining value propositions, business model development, brand-building, financial management and customer acquisition. The Entrepreneur’s Boot Camp is an intensive program designed to give participants the right tools they need to capitalize on arising opportunities and turn their creative ideas into workable business plans.

The visiting faculty members have a keen interest in entrepreneurship pedagogies and bring the leverage of rich experience in launching businesses to QDB’s upcoming workshop. Adjunct Lecturer at Babson College, Professor Angelo J. Santinelli, will shed light on several core themes, such as business development and strategic planning, based on his experience of more than 25 years in entrepreneurship and business. Internationally-recognized specialist on entrepreneurship, Associate Professor Dr. Phillip Kim will share his extensive experience on different aspects of how entrepreneurial ideas become realities as well as elaborate on the importance of team-building, emerging economics, and technology entrepreneurship.  

Commenting on the upcoming joint venture, Chief Executive Officer (CEO), QDB, Abdulaziz bin Nasser Al-Khalifa said: "The Entrepreneur’s Boot Camp encourages aspiring businesspeople to act upon their entrepreneurial ideas and introduce their unique brand of business creativity to the Qatari private sector marketplace. The workshop instructs Qatari entrepreneurs on how to penetrate a competitive market through a rigorous training course delivered through the help of a globally-revered academic institution – Babson College. We are especially grateful to both the local and international experts involved in this program and are confident that their contributions will greatly enhance the participating entrepreneurs' abilities to identify promising business opportunities, run their own projects and achieve success."

In line with Qatar National Vision 2030, the upcoming collaboration with Babson College comes as the latest in a series of initiatives which QDB has undertaken to promote human and economic development, diversify national sources of income, and motivate SMEs to play stronger roles in the private sector. To promote the private sector, QDB locally extends wide-ranging financial and non-financial support to entrepreneurs across a myriad of industries—the development organization runs a series of initiatives that promote the entrepreneurial spirit in the citizenry to create private startups on an ongoing basis.