APPLICATION CRITERIA:
The applicant must be a certified investor, and the following criteria will apply:
- Primary Criteria (and/or):
1. Has a minimum Net Asset Value of QAR 2.6 million
2. Has a minimum annual income of QAR 550K.
- Secondary Criteria (and/or):
1. Has experience of investing as an individual, company or a fund
2. Has a relevant professional background i.e. entrepreneur, startup founder, family business, investment banker
3. Has existing certification or accreditation for venture capital investments and understands the risk of venture capital investments (to be waived for existing professionals)
4. Recognized as an investor by an Angel Network or Investment Club
5. Has experience of Exits in past investments/startups.
Due Diligence: A detailed due diligence based on screening and assessment criteria to be conducted by investor(s) on the company before approaching QDB for co-investment. QDB then will assess, perform a quality check on the due diligence, and conduct additional due diligence if required, prior to making the final decision.
- A signed investment or pre-investment agreement between the investor and the targeted company must be submitted.