Tehran (IP) - The President of the Islamic Republic of Iran unveiled the Azadi Innovation Factory on Tuesday.

Iran PressIran news: Azadi Innovation Factory was established as the first branch of campus technology park in an area of ??2,800 square meters west of Tehran and has created employment for about 3,500 educated and university youth in the country.

The Factory is comprised of 10 sheds and a central section called the U Building; the 10 sheds of Azadi Innovation Factory which operate in various fields including tourism, architecture and urban life, nano-drugs, artificial intelligence, biotech, insurance and finance innovation, content production and e-health are being developed by private sector companies to become an accelerator or innovation center, which is a great opportunity for startup teams to take advantage of these accelerators and innovation centers.

Innovation factories are new players in the innovation and entrepreneurship ecosystem that bring a new concept of synergy to the activists of ecosystem of innovation.

Innovation factories are venues where startups gather, and their services are presented alongside each other enabling them to innovate and provide new solutions to existing problems. 207

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