QBIC launches first wave of ‘Lean Fashion Program

DOHA:  Qatar Business Incubation Center (QBIC), a division of Qatar Development Bank (QDB), announced yesterday the launch of its first wave of the ‘Lean Fashion Program’, following the selection of more than 15 startups represented by several promising designers and entrepreneurs in Qatar.

The Lean Fashion Program is one of QBIC’s latest specialized programmes and the first of its kind in Qatar. In collaboration with the Fashion Technology Accelerator, an international center based in Milan dedicated to promoting technical innovation and assisting startups in the fashion industry, QBIC developed the programme to equip aspiring designers and entrepreneurs with a holistic understanding of conducting business in the fashion industry, enabling them to transform their ideas into Qatari fashion brands.

This unique program comprises of two acceleration phases. The first is an initial acceleration phase, which will take place in Doha – over six weeks – and aims to empower entrepreneurs, equipping them with the necessary knowledge and tools to develop their ideas. The second phase will be delivered in Milan, Italy, following the selection of the top participating startups where they will learn how to grow their business with the aid of international industry experts over a two-week period.

Additionally, QBIC has signed an agreement with Msheireb Museums, to conduct all workshops taking place during the initial acceleration phase at Bin Jelmood House to inspire participating entrepreneurs in one of Doha’s most historic districts, reports QNA.

Hamad Al Qahtani, General Manager of QBIC, said: “I would like to take this opportunity to welcome the first wave of the Lean Fashion Program. We hope that these aspiring entrepreneurs can turn their ideas and talents into successful fashion startups, following in the footsteps of hundreds of QBIC graduates that came before them.”

“QBIC recently launched several other specialized programs, including the Lean Coach Program and the Lean Manufacturing Program, aiming at expanding entrepreneurial fields to provide entrepreneurs with the best possible opportunities to develop their ideas”, he added.

Abdulla Al Naama, Public Program Manager at Msheireb Museums, said: “We are proud to be partnering with QBIC on one of its newest programs, as they have played an essential role in developing the capabilities of local entrepreneurs. The Lean Fashion Program aligns with our mission as an interactive cultural hub, offering the community initiatives that enhance skills and promote innovation.”

It is worth noting that QBIC, in collaboration with Fashion Technology Accelerator, plans to organize the first Demo Day for the Lean Fashion Program in Milan, allowing entrepreneurs to connect with investors, seasoned manufacturers and distributors.

QBIC is the largest mixed-use business incubator in the MENA region. The mission of QBIC is to develop the next QAR 100 Million companies in Qatar. QBIC empowers entrepreneurs to start and grow companies by incubating, developing, connecting, and investing.

Source: Peninsula