Question 6: Is there any support offered to help fund managers set up in Qatar?
Answer: Yes, Qatar currently offers programs to support the set-up of fund managers, including an accelerated process to obtain a license to operate in Qatar as well as preferential fees and targeted incentives. Eligibility and process to apply for support services will be discussed with fund managers during the application process.
Question 7: How long does it take to process an application?
Answer: We aim to review applications to the program in a timely manner, subject to receiving a materially complete application with all the required details. Depending on the stage of the application, a significant amount of research, analysis, and due diligence is undertaken before an application can be fully processed.
Question 8: Why has my application been rejected?
Answer: Applications to the program are rejected if they do not meet our minimum eligibility criteria (more information can be found here) or if the commercial or developmental score of the fund does not meet our minimum requirements.
Question 9: Can I re-apply if my application has been rejected?
Answer: Yes, applicants that have previously been rejected are welcome to re-apply to the program. However, fund managers should ensure that the application is materially improved e.g., around proven track record since the previous application and meets our minimum eligibility criteria before submitting the updated application.