Leading Venture Builder To Partner With Universities Across Qatar This Year

Doha: Vesuvio Labs, one of the leading venture builders will be partnering with universities across the country this year intending to enhance their entrepreneurial skills giving them the bridge to connect with individuals in various business fields.

Speaking to The Peninsula, Pedro Caetano, Head of Ecosystems at Vesuvio Labs Doha said: “In collaboration with UCL Computational Finance department in the UK, for the fifth consecutive year, our R&D team works with graduate students on their thesis to leverage and implement the latest tools that drive operational efficiencies for our business cases.”

As the company has recorded significant success in the region with its latest and modern technology, it has enabled numerous individuals and clients to strengthen their business portfolios and is carrying out projects to help students limber up for challenging tasks.

He continued by saying that “Partnering with universities in Qatar is one of our top priorities for 2023, in order to access talented people that think about Qatar and beyond when developing a business from scratch.” 

The UK-based firm operates from Qatar Financial Centre (QFC) office and invests with expertise in the financial sector, tech execution, and other business services.

By partnering with leading universities in the country, Vesuvio labs anticipate boosting financial services by creating a plethora of opportunities for aspiring businessmen. 

In this regard, the firm has initiated different services to benefit the individuals. He said that “We are a new VC asset class called Venture builder. We build businesses from scratch in areas we specialised in, namely financial services – Insurance, remittances, and Asset management to name a few. 

Businessmen looking for a co-founder find in Vesuvio Labs an investor ready to set up a Joint-Venture, and a team that builds technology, studies the market, conducts feasibility studies, manages the project, and supports with further fundraising, amongst other services it may require.”

Over the years, the organisation grew with its trademark revamping its success rates eventuating nearly 50 percent of the new businesses since its establishment. At present Vesuvio lab works in fintech and insurtech, the major being B2B in addition to supporting private offices and SMEs, Pedro said adding that “the competitive B2C segment. 

We work particularly in efficiency and automation, where businesses can continue to grow whilst maintaining a healthy headcount.”

In recent years, the fintech company has partnered with many firms to strengthen ties and boost the services in the country. Pedro highlighted the key members in the team that became a turning point for its growth and significant clients that worked with Vesuvio Labs like Policy Powerhouse. 

He said “Successful businessmen have ideas but not necessarily the time required to set up new tech businesses by themselves. We co-found and co-invest in new businesses from scratch in a shared model of responsibilities and roles.”

“We have been perfecting the model throughout our 10 current businesses, where we believe technology and automation has a positive impact on scalability and profitability,” he added.