According to the public relations and information center of the Vice-Presidency for science and technology affairs, Alireza Daliri, the deputy for management development and resources, expressed on the closing ceremony of “Tele Promostartup Event”, which was held in line with the growth of accelerators in the country: the economy of the world is constantly moving toward knowledge and technology infrastructures. Large companies of the world are active in this area as well and our country is no exception.

He affirmed: some time ago, the large companies of Iran were metal, copper and automotive. Today, most of these companies have been archived and replaced by knowledge-based and startup companies that are active in several areas, including nanotechnology and biotechnology. Movement of the youth has stabled this area and transformed the business space in the society.

According to Daliri, this is due to having proper human resources in the Iran. In this regard, he added: welcoming the field of technology has been good, and the investment community of the country accepted that this is a suitable platform for the injection of financial resources with state planning.

Each Neighborhood, One Innovation Factory

In terms of venture capitals in the knowledge-based and startup field, Daliri asserted: we need to support startup companies at the early stages via venture capitals and not through loans, which are mainly a betrayal toward these companies. Support capital for this method is not low for newly developed companies. We just need resource justification in this regard.

Deputy for management development and resources regarded the measures taken by the Vice-Presidency in this area as the first step toward establishing investment by venture capitals, adding: to date, about 15 foundations have been established in this area and there are many requests in the waiting line.

Daliri pointed out the activities of Fara Bourse in the field of knowledge-based companies and startups, claiming: while effective steps have been taken in stock exchange market of Iran, it is still slightly traditional. The foundation for technologies of the world must be more established in the country. There is a few number of countries with a stock exchange board, one of which is Iran. Nevertheless, investment in this field is not simple for investors.

He also expressed: currently, venture capitals have been established in areas of stock exchange, technology research, some stock exchange investment companies, banks and large holdings. We hope that the foundation for venture capitals is extended in the country until the next day.

Deputy for management development and resources stated: the Vice-Presidency has put rails for startup companies so that they are supported and will not fail in the future. In addition, legal and support foundation will be provided for these companies as well.

Daliri pointed out the turning of Tehran into a smart city by the Vice-Presidency, declaring: we believe that each neighborhood must have one innovation factory, and all people must deal with the youth on a daily basis since these individuals will determine the future of Iran.