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Knowledge-based companies' access was facilitated to short-term export financing and credit tools
  • Feb 5 2024 - 12:49
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  • Study time : 1 minute(s)
Following the agreement of the Vice Presidency of Science with the National Development Fund and the Export Development Bank

Knowledge-based companies' access was facilitated to short-term export financing and credit tools

The agreement to support and strengthen the production and export capacity of knowledge-based companies between the Vice Presidency of Science, Technology and Knowledge-Based Economy, the National Development Fund and the Export Development Bank of Iran was signed today, 5th of February, at the place of the Vice Presidency.

According to the communication and information center in the Vice Presidency of Science, Technology and Knowledge-Based Economy, to strengthen the production and export capacity of knowledge-based and technological institutions and companies through export and import financing tools, this agreement was signed by Ruhollah Dehghani Firouzabadi, Vice President of Science, Technology and Knowledge-Based Economy, Mahdi Ghazanfari, Chairman of the Executive Board of the National Development Fund, and Afshin Khani, the CEO of Iran's Export Development Bank.

The subject of this agreement is to strengthen the production and export capacity of knowledge-based companies by facilitating their access to short-term export financing and credit tools through the cooperation between the Vice Presidency of Science, the Fund and the Bank. In this agreement, the Vice Presidency of Science committed to introduce knowledge-based and technological companies capable of exporting to the operating bank after an expert review and ensuring the ability to attract foreign currency facilities and repay its installments in foreign currency when due.

Examining the eligibility and qualification (technical) and validation of the knowledge-based companies introduced by the Vice Presidency of Science and announcing the conditions of using the facilities based on the executive mechanism to the applicant company after approval in the credit institutions, the necessary cooperation to empower the knowledge-based companies to enter the support processes of financial institutions and banks, within the limits of their capabilities and budgets, provide specialized training and advice to knowledge-based and technological companies (with the aim of understanding export financing tools, how to set up justification plans for financing, familiarization with new export financing tools, etc.) from the commitments of Export  Development Bank.

  • News group : NEWS,Slider,اخبار معاونت ها و مراکز,Headquarters,Communication & Information Center,Knowledge-based Institutions & Companies Center,Deputy for Technology Innovation & Commercialization Develop,Department of STI Policy & Evaluation,Deputy for Management Development & Resources ,International Affairs & Technological Exchange Center,Strategic Technology Development Center
  • News code : 95882
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