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Startups

  • EghtesadOnline: State-backed Iran National Innovation Fund is planning to loan 45 trillion rials ($277.7 million) to knowledge-based companies and tech firms in the current fiscal year (ending March 2021).

  • EghtesadOnline: In an effort to upgrade urban services via the internet of things, smart technologies and innovative ideas, Tehran Municipality is planning to tap into the potentials of local startups.

  • EghtesadOnline: An innovation center called Khayyam has been inaugurated in the holy city of Mashhad, Khorasan Razavi Province, to convert smart ideas into businesses and establish links between knowledge-based companies and industrial groups.

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

  • EghtesadOnline: Iran's Vice Presidential Office for Science and Technology is planning to help startups and knowledge-based companies tap the market potentials of regional countries like Russia and Uzbekistan.

  • EghtesadOnline: Iran National Innovation Fund is to switch from conventional funding to venture capital investment for supporting fledgling startups and tech companies.

  • EghtesadOnline: Knowledge-based companies and startups in the Iranian technology ecosystem have set their sights on expanding their activities in the healthcare and medical sectors.

  • EghtesadOnline: Rules announced by the Central Bank of Iran to make one-time password obligatory can help foster the business of e-wallet startups, says a board member of Tehran Chamber of Commerce.

  • EghtesadOnline: Managers of Post Bank of Iran should put greater focus on promoting smart banking and digital economy by involving fintechs and startups, Information and Communication Technologies Minister Mohammad Javad Azari Jahromi said in a statement on the occasion of the bank's 24th anniversary on Sunday.

  • EghtesadOnline: The Central Bank of Iran has offered 70 trillion rials ($500 million) in loans since the beginning of the current Iranian year (March 21) to help emerging startups and knowledge-based companies flourish, the CBI chief says.