During the ceremony for concluding a contract between the investor of MCI (Hamrahe Aval) and Sana Sabz Gostar Knowledge-based Co., Sattari stated: a new attitude has been emerged in the investment of the startup ecosystem by large organizations.

According to the public relations and information center of the Vice-Presidency for science and technology affairs, Sorena Sattari, the vice president for science and technology affairs, expressed during the ceremony for signing a contract between MCI and Sana Sabz Gostar Knowledge Co.: the main problem of the startup ecosystem is insufficient venture capitals. When grown, startups need venture capitals, which if neglected, will lead to the investment by foreign enterprises.

Sattari mentioned that foreign investment is important and not a problem, adding: if large companies, such as MCI or other active Iranian companies in this field (e.g., Irancell and Rightel) come to the realization that they must invest in the startup ecosystem to make a better future, they will move from traditional investment and take effective steps in this regard. Therefore, the investment made in this ecosystem will be Iranian.

He congratulated the new attitude formed in MIC in this regard, affirming: the outcome of this startup investment, which is the injection of innovation into the country and the MCI organization itself, will be soon witnessed. We hope that this type of attitude is continued in startups and scientific and cultural areas.

The vice president for science and technology affairs confirmed: we need to invest in the youth if we want them to be active in the country. Our country has adequate financial resources and it is the thinking and cultural problems that slow down the movement toward advancement. We must dedicate extensive efforts to make new ideas and opportunities. 

MCI Will Support Prominent Startups

Mahdi Akhavan Bahabadi, chairman of the board of MCI, expressed during the ceremony: today, the first investment of MIC in an startup occurs. From this point, you will hear the name of MCI more than before.

He mentioned: MCI will make remarkable investments in the startup field with determining a view toward digital world, aiming to recognize and support the elite companies of the field.

The definite investment agreement was signed between MIC and Sana Sabz Gostar Co. through the venture capital of MIC in the Vice-Presidency for science and technology affairs. This agreement includes startup products of Achare, Ubar, and Sana data cloud worth six and two tenths of million dollars.