Qatar Science & Technology Park (QSTP), part of Qatar Foundation Research, Development, and Innovation (QF RDI), is a Free Zone and a hub for applied research, technology innovation, incubation, and entrepreneurship. QSTP fosters an ecosystem that facilitates the development of new high-tech products and services, supports the commercialization of market-ready technologies, and offers state-of-the-art offices and designed to support tech-based companies. Specific to supporting startups, QSTP offers a series of educational, acceleration and incubation support programs, in addition to providing seed and follow-on capital as well as co-funding grants. These transactions are enabled through the Technology Venture Fund for equity transactions and through the Product Development Fund for co-funding product development efforts locally.