QBIC Signs MoU With Danish Institutes to Spur Entrepreneurship


(MENAFN- Qatar News Agency) Qatar Business Incubation Center (QBIC) new pact with Danish institutes will open new opportunities for Qatar-based entrepreneurs.

Entrepreneurship institute, Qatar Business Incubation Center (QBIC), and Royal Danish Consulate General, in partnership with Vitus Bering Innovation Park (VBIP) and VIA University College in Denmark, signed a Memorandum of Understanding (MoU) to provide new collaboration opportunities and exchange programmes for entrepreneurs.

QBIC Chairman Abdulaziz bin Nasser Al Khalifa said: "We are delighted to be partnering with the respected Royal Danish Consulate General, as we share a mutual interest in developing the entrepreneurship scene and supporting SMEs. Through this partnership, QBIC will be able to work with VBIP and VIA University College in Denmark to foster an exchange of knowledge and experiences within entrepreneurship and innovation programmes." The agreement is part of QBIC's long-term plan to partner with entities that share similar values about developing entrepreneurship and to take part in programme similar to QBIC's Flagship program, the LeanStartup Programme.

Denmark's VBIP and VIA University College will assist QBIC in collaborations, resources and research to help achieve its mission of developing the next QAR 100 million value companies in Qatar.

QBIC CEO Aysha Al Mudahka said, "QBIC's flagship LeanStartup Programme and the Bering StartUP programme offered by VBIP share many similarities. Both programmes implement the 'lean' methodology and the Business Model Canvas to help entrepreneurs start their businesses.

"Our entrepreneurs will have the exceptional opportunity to collaborate with startups from around the globe, and share their experiences to generate new ideas, and grow their business concepts beyond the local market." The first phase of the MoU involves a series of workshops and seminars that will run throughout 2016. The signatories have plans to introduce more hands-on activities and research opportunities in 2017.

Vitus Bering Innovation Park is an incubator and has Business Creation and StartUp Programme. Their campus in Horsens has more than 2500 international students and many international partners.

Some of QBIC's entrepreneurs may have the opportunity to take part in VBIP's lean startup programme, said QBIC which is home to more than 45 startups and 120 entrepreneurs.


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