According to the public relations and information center of the Vice-Presidency for science and technology affairs, the Ferdowsi Business Accelerator started its activities in 2017 with an emphasis on the development of new businesses, focusing on acceleration of four areas of informing and new media, games and entertainment, content education and marketing, urban services and tourism.

As the independent knowledge-based accelerator in east of Iran, this accelerator uses the future economic research unit to recognize the future technological needs, aiming to recognize the powerful startups of this field. This accelerator follows up its mission under direct supervision of innovation and acceleration center of the Vice-Presidency to develop newly emerged technologies in east of Iran.

Holding five discovering rounds (pre-acceleration) and one acceleration round, receiving more than 270 requests from startups to accept their discovering rounds, having a network of mentors and experts in the business area and active presence in all events related to startup ecosystem have made the accelerator a reference for powerful startups of the region and a trustful center for investors. By reducing the risk of investors and increasing the possibility of success of investments, this center is recognized as a valid foundation for investment in future services and technologies.

By reaching the end of the second acceleration circle of this accelerator, six startups of “RaceNet”, Touchestan”, “Unbound”, “Irex2World”, “8118” and “Tripro” are prepared to attract investment and enter the commercialization stage. Therefore, the event of “the resultant day” will be held to help attracting investors and introducing businesses to investors. 

This event will be held in the international Ghasre Talaei Hotel of Mashhad in the presence of venture capitals of the province, managers of venture capitals, and effective activists in the ecosystem of innovation investment.