• The MoU includes the launch of a joint initiative between the two sides and a number of shopping malls, to enable entrepreneurs to enter the market and showcase their products.
• Facilitating the process of obtaining the necessary licenses for the beneficiaries of programs and projects of Nama Centre.
• Offering an integrated file, including general tips and tools for entrepreneurs and a schedule of courses, programs and services provided by the centre, to each person who obtains a new commercial registration from the Ministry.
• Providing support to enable home enterprises to enter procurement departments of the ministries and institutions in Qatar.

The Ministry of Commerce and Industry has signed a Memorandum of Understanding with the Social Development Centre (Nama) to promote cooperation between the two parties. The initiative will contribute to the development of the country’s entrepreneurial environment, support the national development process, and encourage entrepreneurship and innovation within the Qatari business community.

The MoU was signed by Mr. Tariq Abdulaziz Al-Sada, Director of Public Relations and Communications Department at the Ministry of Commerce and Industry, and Mrs. Amal Bint Abdullatif Al-Mannai, Acting Executive Director of the Social Development Centre (Nama).

Mr. Al-Sada said that the signing of the MoU reflects the mutual interest in enhancing cooperation towards supporting the country’s entrepreneurship sector, and developing small and medium enterprises.

He added that it was agreed, under the terms of the MoU, to launch several training and awareness initiatives and programs that will contribute to capacity building in this vital sector. He also indicated that the MoU presents a great opportunity for entrepreneurs to acquire additional expertise and tools for managing and developing their enterprises.

Mr. Al-Sada stressed that the organization and support of the local entrepreneurship sector and SMEs is a priority for the country, as it is a cornerstone of economic diversification, stimulating investment and enhancing innovation in line with the Qatar National Vision 2030.

He explained that the Ministry has launched several innovative initiatives and projects, and provided an attractive legislative environment, by enhancing legislation that supports the local entrepreneurship sector and contributes to its advancement, in order to serve the objectives and strategic direction of the country.

Mrs. Al-Mannai expressed her pleasure at signing the MoU, which comes in the context of the Center’s continued efforts to empower entrepreneurs who own small and micro enterprises. Providing them with opportunities through initiatives, programs and projects that serve them, and strengthen their capacities to promote society as a whole, are key objectives.

Mrs. Al-Mannai voiced the hope that the MoU will achieve all of its desired goals, and profide a major incentive for young people to become more productive, serve their communities and contribute to the realization of the Qatar National Vision 2030.

She also emphasized the benefits of the MoU for young entrepreneurs, stressing that it will facilitate the process of licensing for the beneficiaries of programs and projects of Nama Centre. In addition, the experiences gained by youth through communicating with experts and trainers in this field will be beneficial, as well as the numerous opportunities this MoU will offer to owners of small and micro enterprises, which will ultimately benefit society in achieving sustainable development.

According to the signed MoU, specialized training programs targeting the owners of small and micro enterprises will be jointly launched, announced and held at the headquarters of the Ministry, the Centre or other agreed facility.

A joint initiative will be launched by the two parties to enable entrepreneurs to enter the market and showcase their products in a number of shopping malls, whether in dedicated or shared spaces, according to mechanisms established by the two parties to benefit all targeted groups and ensure the growth of their activities.

The MoU states that young people must be empowered to develop a thorough understanding of Qatar National Vision 2030, its pillars and strategies, so as to strengthen the youth‘s contribution to achieving sustainable development in all fields.

The MoU aims to exchange experiences between the two sides, create opportunities for entrepreneurs and provide channels of communication between them and experts and trainers in different entities. The MoU also aims to facilitate the process of obtaining the necessary licenses for the beneficiaries of programs and projects of Nama Centre.

In addition, an integrated file – including general tips and tools for entrepreneurs and a schedule of courses, programs and services offered by the Centre to the entrepreneurs – will be provided to each person who obtains a new commercial registration from the Ministry or one of its branches. The two parties will supervise its implementation.

Under the MoU, the two parties will jointly raise awareness of the services and initiatives provided by the Ministry and the Centre through the formation of a contact team between Nama Centre and the Ministry.

The MoU provides adequate support to enable home projects that have been incubated by Nama Centre to enter the procurement departments of the country’s ministries and institutions through the Centre. Joint efforts will enhance the success of the training programs and projects, including joint coordination through the marketing of services of both parties, further developing the entrepreneurship environment.

Under the MoU, a joint committee consisting of the representatives of the two parties will be created to establish controls and mechanisms for implementing the agreement and facilitating any related arrangements. The MoU will be valid for three years from the date of signing, and may be renewed for a similar period by mutual agreement.