On 26 February, 2024, His Excellency Mohammed bin Abdulrahman bin Jassim Al Thani, the Prime Minister
and Minister of Foreign Affairs of the State of Qatar announced
the launch of QIA's first venture capital Fund of Funds, a strategic investment program
designed as a catalyst to further strengthen the venture capital landscape in Qatar.
The Fund of Funds aims to attract leading venture capital funds and entrepreneurs to Qatar,
developing a strong start-up and venture capital ecosystem to spur investment, growth, and
innovation across Qatar and help close the current funding gap for local and regional
entrepreneurs.
The program will invest more than USD 1 billion in international and regional venture capital funds
and will place a priority focus on the tech and healthcare sectors.
The Fund of Funds program has a dual investment mandate to achieve good financial performance and
deliver a positive development impact on the Qatari venture capital ecosystem.
Fund managers can now apply to receive funding from the Fund of Funds program. This page provides
information on the application requirements, eligibility criteria, application process, and how to
apply.