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Financial Support

  • EghtesadOnline: A number of financial support plans, including tax relief measures, have been introduced to alleviate the impacts of the new round of coronavirus lockdown for businesses.

  • EghtesadOnline: Efforts are on track in Iranian metropolises Tehran and Tabriz to expand tech centers offering workspace and financial support to local startups.

  • EghtesadOnline: In separate letters to First Vice President Es’haq Jahangiri, the head of Plan and Budget Organization, Mohammad Baqer Nobakht, President’s Chief of Staff Mahmoud Vaezi and Vice President for Economic Affairs Mohammad Nahavandian and Minister of Culture and Islamic Guidance Abbas Salehi has called for financial support to the arts and cultural sector amid the losses caused by the new coronavirus.

  • EghtesadOnline: A group of state institutions has launched an initiative to grant financial support to 100 startups per year to help them flourish.

  • EghtesadOnline: Head of the Export Guarantee Fund of Iran has criticized the poor performance of banks in supporting export-based companies, recalling that robust financial support for export companies is critical in the climate of hostile US economic sanctions.

  • EghtesadOnline: The Central Bank of Iran and Post Bank of Iran, affiliated to ICT Ministry, will invest 2 trillion rials ($14.8 million) in the domestic production of smartphones to curb dependence on foreign suppliers.

  • EghtesadOnline: In a fresh effort to expand the technology ecosystem, Iran National Innovation Fund has offered aid packages to the tune of 200 billion rials ($1.7 million) to startups and tech firms active in East Azarbaijan Province, the head of INIF said on Friday.