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QDB Teams With HEC Paris & ITC to Launch the ‘Go Global’ Export Accelerator Program

Mar 01, 2021 by QDB

Qatar Development Bank has announced the launch of its latest flagship program, the ‘Go Global’ Export Accelerator, in partnership with HEC Paris in Qatar and the International Trade Centre (ITC). The program develops the capabilities of Qatari exporting companies to empower their export-led growth and enhance their reach to international markets.
 

The new program helps Small and Medium Enterprises (SMEs) overcome the challenges they face when engaging in international markets and effectively network with potential clients or affiliated enterprises. The pilot phase of the program, which will be launched virtually to adhere to the pandemic’s safety precautions, will kick off in early March with the participants from 15 pre-selected Export SMEs. Registration is expected to open in the future for additional companies to take part in the upcoming editions of this program.
 

QDB’s CEO Mr. Abdulaziz bin Nasser Al-Khalifa, highlighted the importance of this in developing the export capabilities of Qatari companies, adding: “We are always keen to expand the horizons for Qatari exporting companies through various programs and initiatives. This new program builds on the productive steps we have taken in this direction with our national and international partners, and is designed to support entrepreneurs in developing export plans and harnessing the latest knowledge and practical tools to take their businesses to new heights, while contributing to the development of the Qatari economy at large."
 

To develop the ‘Go Global Accelerator’ program, QDB has partnered with HEC Paris, one of the world’s leading providers of executive education, who will be delivering the learning aspects of the program.
 

Dr. Pablo Martin de Holan, Dean of HEC Paris in Qatar explains that “We are grateful to Qatar Development Bank for this vote of confidence in our renowned faculty who will guide exporters through important development issues, including global business strategy, international finance, marketing and negotiation skills. We are confident that participants will fully engage with the program, which will feature lectures, case studies, workshops and extensive interactive learning opportunities.”

“We also relish the opportunity to help advance the economic potential of Qatari exporters who have a significant role to play in advancing the country’s National Vision 2030. This is in line with our mission to train and empower Qatari entrepreneurs and innovators to contribute to the diversification of the nation’s economy. This partnership clearly demonstrates the importance of collaboration between private and public entities and higher education, which sharpens organizational competitiveness and develops the leadership skills needed to address global marketplace complexities, societal and environmental challenges and successful business transformations.”
 

This distinguished collaboration is the latest in a series of high-profile international partnerships within the framework of QDB’s export development efforts, including the launch of the Arabic Edition of the Global Trade Helpdesk platform in partnership with ITC, an active partner of the bank that is also taking part in QDB’s ‘Go Global Accelerator’ program.
 

Commenting on the new partnership and the launch of the program, ITC’s Executive Director Ms. Pamela Coke-Hamilton said:
 

“We are very happy to partner with the Qatar Development Bank and HEC-Paris to deliver this new programme aimed at helping MSMEs in Qatar boost their exports. With almost 60 years of actionable, results focused work, ITC has the expertise to equip Qatari MSMEs with practical insights on market knowledge, trade and investment intelligence and the tools needed to strengthen their value chain and conduct regional and international transactions.
 

This programme has been conceived to provide a complete range of trainings, coaching and export oriented activities with the purpose of making MSMEs more competitive in regional and international markets in order to generate more jobs and income.”
 

It is worth mentioning that in recent years, QDB has further enhanced its export development strategy through various programs and initiatives. In 2020, and despite the many challenges brought forth by the pandemic, the Bank managed to hold more than 20 exhibitions and bilateral meetings, most of which were virtual, with more than 130 companies benefiting from those events.
 

In parallel, the increase in the volume of exports by registered Export SMEs reached 23%, at QAR 686 million. Meanwhile, the growth rate in export financing reached 16% in 2020 with a cumulative total support of QAR 1.2 billion.

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