Pre-seed Investment

The Pre-Seed convertible Investment program serves as an early-stage fund offering to companies operating within QDB’s Incubation and Acceleration portfolio. The program is offered via a convertible investment instrument with the aim of providing access to seed capital for entrepreneurs in the post-ideation stage provided that their business is shariah-compliant.
Application process

What’s the process?

1
Application submission and initial review
2
Application assessment
3
Providing financial support through convertible investment instruments
Key features

What are the key financing terms?

  • Pre-seed funding is an investment instrument that allows funding through a convertible note that can be converted into shares at a later stage.

  • Maximum allowable funding limit is set at QAR 250,000 and is available under the following structure:

    1- Up to QAR 100K available as Cash disbursement
    2- Up to QAR 150K available as in-kind 
  • Expected profit sharing ratio is on a case-by-case basis while losses are distributed as per the contribution ratio and capped per the amount of capital invested by the Investor
  • Earned Profits will be distributed as per the ratio of the Investor equity shares agreed with the Investee while losses are shared in exactly the same proportion in which partners hold their shares in the company 
Frequently Asked Questions

FAQs

The Pre-Seed convertible Investment program serves as an early-stage fund offering to companies operating within QDB’s Incubation and Acceleration portfolio. The program is offered via a convertible investment instrument with the aim of providing access to seed capital for entrepreneurs in the post-ideation stage, provided that their business is shariah-compliant.
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Financing is offered to early-stage companies in QDB’s portfolio and entrepreneurs seeking to start or expand a new venture as well as graduates from QDB’s various incubation and business acceleration programs particularly those with a focus on innovative, sustainable and scalable businesses.
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Maximum allowable funding limit is set at QAR 250,000 and is available under the following structure:
   -Up to QAR 100K available as cash disbursement
   -Up to QAR 150K available as in-kind

The investment can be converted into shares in the future
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The Incubation and Acceleration Department will review and verify the initial investment requirements as per the plan. Post conversion, the bank will adopt a valuation cap between 2.5-3.57 million Qatari riyals to convert its investments into shares in the company.
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• Non-disclosure agreement between the Investor and Investee.
• Convertible Contract between the Investor and Investee
• Convertible Musharaka Agreement between the Investor and Investee or similar instrument subject to management approval
• Any other documents (e.g. Pledge Contract)
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