According to the public relations and information center of the Vice-Presidency for science and technology affairs, Alireza Daliri, deputy for management development and resources, pointed out the supportive approach of the Vice-Presidency for science and technology affairs on the meeting of evaluation of venture capitals problems, stating: the Vice-Presidency for science and technology affairs believes that diminish of administrative bureaucracy is required for knowledge-based companies, startups, and science and technology activists and elites. Instead of financial support in order to eliminate the obstacles and problems on their path, we need to persuade organizations to work with venture capitals.

Alireza Daliri mentioned the first measures taken to lay the groundwork for establishment of venture capitals, expressing: according to a joint agreement between the Vice-Presidency and the stock exchange organization, this task was initiated. Today, we have aimed to persuade the investment society to invest in the capital market with a faster pace and based on the needs of the country.

He continued: in the area of knowledge-based companies, venture capitals can enter technology services companies and commercialization companies and request for being knowledge-based. In case of providing a knowledge-based foundation, they can benefit from the support provided by the Vice-Presidency.

Daliri affirmed that in the area of insurance, no improvement has been made and all tasks are traditionally carried out. In this regard, he marked: the Vice-Presidency has come to an agreement with the central insurance of Iran to create an innovation center. By doing so, we can perform new activities and pass the traditional models.

Deputy for management development and resources expressed: along with the exhibitions held in last year, we have witnessed problems and shortcomings in this area, which require coordination between central organizations and units since outputs are insignificant despite numerous requests in the area of venture capitals.

Daliri announced the signing up of the fourth foundation, stating: to date, about 12 foundations have succeeded in obtaining the necessary licenses. In addition, another 12 foundations are ready to be issued. Therefore, there is an appropriate foundation for investment through the capital market.

Saeed Falahpour, executive deputy of stock exchange organization recognized the presence of venture capitals a necessity in the country.

According to this report, the stock exchange and Fara Bourse organization of Iran has aimed to hold a meeting for evaluation of problems of venture capitals in the presence of activists of this field, so that the obstacles of this area, that have reduced the pace of improvement in the investment field, could be recognized.