15-07-2025
Qatar Development Bank opens 2025 SME Excellence List applications to recognize top businesses
Qatar Development Bank (QDB) has officially launched the application process for the 2025 SME Excellence List, a national initiative celebrating the country's most successful and high-performing small and medium-sized enterprises (SMEs). The deadline to apply is July 31, 2025, and participation is completely free.
The SME Excellence List is designed to identify and honour companies that have demonstrated strong performance, rapid growth, and sustainable business models that positively contribute to Qatar's economic development. The initiative is in line with QDB's broader mission to build a robust and dynamic entrepreneurship ecosystem in the country.
What is the SME Excellence List?
The Excellence List serves as a platform to showcase the achievements of SMEs that have distinguished themselves in their respective industries. It aims to:
Highlight the best-performing SMEs in Qatar based on specific eligibility and assessment criteria.
Foster a culture of excellence and innovation among local businesses.
Motivate entrepreneurs and create a vibrant, competitive business environment.
Encourage the adoption of global best practices within the SME sector.
Key benefits of participation
SMEs that make it to the list gain national recognition, potential exposure to investors and partners, and credibility within the local and international business community. The list is also an effective tool for policymakers and stakeholders to identify and support promising businesses that can drive sustainable growth in the Qatari economy.
How to apply
Interested businesses must submit the following mandatory documents:
Copy of Qatari ID
Commercial Registration
Establishment Registration Card
Audited Financial Statements for the years 2022, 2023, and 2024
Optional documents that may support the application include:
ID card of the authorised signatory
Trade license
Regulatory permit from the municipality
Qatar Chamber of Commerce and Industry membership number
Industrial registration
Company presentation and any other supporting documents
Proof of number of employees (issued by the General Directorate of Passports, Ministry of Interior)
Applications will be reviewed based on set evaluation criteria, with emphasis on financial performance, business model sustainability, innovation, and impact on the local economy.
For more details and to apply, visit the Qatar Development Bank website or contact their SME support team. Click here
