Q Life Magazine Q Magazine December 2018 | Page 25

Innovate & Inspire |
The Qatar Science & Technology Park (QSTP)
ExxonMobil Research Qatar is based in Qatar Science & Technology Park.
QSTP is an incubator of start-up technology businesses and a hub for
technology companies in Qatar, and is also the country’s first free-trade
zone. It was inaugurated in March 2009 as part of Qatar Foundation (QF).
The purpose of QSTP is to be an international hub for science and technology
innovation, tech-based entrepreneurship and high-tech businesses, and spur
the development of Qatar’s knowledge economy.
QSTP’s Mission:
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Support tech-entrepreneurship ventures in Qatar through incubation, funding,
training, mentorship, and connection to the wider regional and global tech
innovation field.
Accelerate innovation within the private sector thanks to programmes and grants
that encourage new product development, innovation and collaboration with QF’s
research institutes.
Create an environment ripe for innovation and collaboration by attracting and
supporting tenants focused on development of tech-based products and services and
the commercialisation of scientific research.
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