QRDI Council Launches Innovation Grant for Small Businesses

Doha, Qatar – The Qatar Council for Research, Development and Innovation (QRDI) made a significant announcement at the Qatar Web Summit 2025, unveiling a new grant program aimed at supporting small and medium-sized enterprises (SMEs). This initiative aligns with Qatar’s broader strategy to diversify its economy by fostering research and development (R&D) in emerging industries.

QRDI Strategic Push for Innovation

• The newly introduced grant program is designed to support early-stage projects. Moreover, it provides SMEs with essential resources to drive innovation. By forming partnerships with smaller enterprises, QRDI aims to stimulate technological advancements. Additionally, it encourages the development of groundbreaking solutions across various sectors. With the country’s startup culture rapidly expanding, this program serves as a catalyst for growth. Furthermore, it offers crucial financial and strategic support to young companies.

QRDI Mitigating Risks for SMEs

A core objective of the grant is to reduce the financial risks associated with technology development. In particular, it supports smaller businesses venturing into highly competitive markets. Moreover, while innovation promises significant rewards, it also comes with substantial risks. This initiative aims to alleviate these challenges. Additionally, it empowers SMEs to bring their ideas to market without the burden of overwhelming financial constraints. By easing these risks, the Qatar Council hopes to create a dynamic business environment where small companies can thrive.

Target Sectors for Development

The grant places a strong emphasis on key industries where innovation can drive economic transformation. Moreover, priority sectors include healthcare, logistics, smart cities, and the creative economy. These areas have been identified for their capacity to enhance services and improve economic outcomes. Additionally, they contribute to Qatar’s long-term development goals. By focusing on these high-impact industries, the program aligns with Qatar’s national strategy. Furthermore, it helps reduce dependency on oil and gas revenues.

Commitment to Economic Diversification

Qatar’s leadership has long emphasized the importance of economic diversification. Moreover, this new initiative underscores that commitment. By intensifying efforts in R&D, the Council envisions a sustainable economic future where small enterprises drive progress. Additionally, the program is not just about funding. It also provides SMEs with essential support to navigate complex market landscapes. Furthermore, it helps them transition from development to commercialization effectively.