Qatar’s latest startup incentives are attracting international technology companies, but founders say the ecosystem still needs more accessible funding for early-stage ventures.
Cloud infrastructure company CloudZigo established operations in Doha after participating in Web Summit Qatar 2026. Founder and managing director Abdul Sakhib Mohammed said the company sees Qatar as a base for serving the wider GCC and eventually global markets.
Incubated at Qatar Science & Technology Park (QSTP), CloudZigo benefited from access to mentors, corporate networks, Qatar Foundation and other ecosystem partners, according to Mohammed.
He also pointed to 100% foreign ownership options for eligible businesses, Qatar Financial Centre licensing and the Ministry of Commerce and Industry’s Single Window as important setup enablers. However, he said costs can remain a consideration for early-stage companies.
Initiatives announced at Web Summit Qatar, including the expansion of the Qatar Investment Authority’s Fund of Funds programme to $3bn and new 10-year residency tracks, have further increased international interest, the company said. Mohammed added that he had applied for the Entrepreneur Ruby Residency and was awaiting approval.
He urged policymakers to turn broader announcements into direct, practical support for pre-revenue startups, including patient capital and assistance with initial living costs. He also called on regional investors to take a more measured approach to risk when backing early-stage founders.
Source: Gulf Times
