Qatar Development Bank Unveils New Advisory Packages to Boost Startups and SMEs

Qatar Development Bank (QDB) has introduced three new advisory packages designed to assist entrepreneurs and small and medium-sized enterprises (SMEs) at different stages of their growth. These bundles aim to provide tailored support to startups and businesses seeking to enhance their performance and expand their reach both locally and internationally.

The newly launched advisory services include in-depth consultations and a comprehensive evaluation of a company’s operations. By doing so, QDB aims to help businesses develop detailed business plans, improve efficiency, and increase competitiveness through the integration of technical solutions.

Among the three packages is the ‘Starting Up Advisory’ bundle, specifically designed for entrepreneurs and early-stage startups. This package offers consulting services aimed at laying strong foundations for business success. It includes market research, practical business models, and direct consultations to help entrepreneurs navigate government procedures. The goal is to streamline the process of launching a business while minimizing risks.

For companies looking to grow and scale, QDB has introduced the ‘Scaling Up Advisory’ bundle. This package is designed to help SMEs that want to improve their operational performance and expand into new markets. The advisory service includes a thorough analysis of the business, identifying gaps in administration, finance, and technical processes. Based on this analysis, a strategic plan is created to enhance product quality, competitiveness, and market presence. This bundle also helps companies prepare for international expansion by evaluating their export readiness and providing a roadmap for success in global markets.

The third package, ‘Business Turnaround Advisory,’ is aimed at companies facing significant challenges and in need of restructuring. Through this service, QDB provides expert advice to help businesses identify core issues, restructure operations, and regain financial and operational balance. The package also includes consultations on enhancing a company’s market value and, if necessary, planning for a successful exit from the market.

Abdulrahman Hesham al-Sowaidi, CEO of QDB, emphasized the importance of these new advisory services, stating, “By re-offering our advisory services in the form of specialised bundles, we aim to build long-term relationships with our clients, enabling them to access the advisory services that best suit their needs. These new bundles reflect our commitment to providing comprehensive and specialized support to SMEs in Qatar.”

QDB’s new advisory services are part of its ongoing efforts to support SMEs, foster growth, and ensure sustainable success across various sectors.