In this ceremony, which was attended by Sorena Sattari, Vice President of Science and Technology, Mohammad Ali Dehghan Dehnavi, President of the Stock Exchange Organization, and Amir Hamouni, CEO of OTC, the crowdfunding mechanism was based on a partnership model for start-ups, startups, knowledge-based and creative companies.

Collective financing is a mechanism in the stock market that provides the opportunity for the accumulation of micro-investments by people and investors to determine the necessary grounds for the growth and development of these companies.

Sorena Sattari, Vice President of Science and Technology, at the unveiling ceremony of the mass financing market and the OTC Sukuk index of Iran, continued by stating that the role of knowledge-based and creative companies in the country's economy has been highlighted with new financing methods: Knowledge-based and creative companies, startups, Business accelerators, and innovation hubs are all parts of the innovation ecosystem that need new financing methods to keep moving. Fortunately, the support of the Stock Exchange and Securities Organization is very helpful and effective in financing knowledge-based companies.

The head of the National Elites Foundation considered the mass financing of knowledge-based companies as one of the efficient infrastructures in the prosperity of the innovation ecosystem and said: "Fortunately, innovation has been injected into the stock market and we see a significant number of investments in the knowledge-based economy;" So that in principle, an agreement has been issued for 11 collective financing platforms and 4 platforms are providing their services. Also, 7 platforms will be activated in the future.

 The Vice President of Science and Technology, emphasizing that the innovation ecosystem must use innovative financial solutions to join the country's economy, continued: "Today, the innovation ecosystem has a significant share of the economy." To expand this share, new financing strategies must be applied beyond the previous methods.

Sattari, referring to the activities of the most powerful knowledge-based companies in Asia and the region, is a clear message for the importance and effectiveness of investing in these businesses, he said: They have proved and while meeting the needs of the country, they have added value and created employment.

Report by the Communication and Information Center in the Vice Presidency of Science and Technology