Why it matters:
The support policies encourage the knowledge-based companies to take more steps forward in producing science and high-tech goods, despite the pressure of the Western sanctions on Iran. The support policy can also contribute to realizing an 8% economic growth as determined in the country's development plan.
The big picture:
In recent years, Iran has witnessed remarkable growth in the production of high-tech products. According to a 2021 UNESCO report, Iran’s innovation ecosystem has been expanding rapidly, particularly with the development of accelerators, innovation centers, and the increasing number of knowledge-based companies.
What he's saying:
Davood Ghezelbash: According to the established support policies, companies participating in the exhibition can benefit from financial facilities of up to 5 billion Tomans at a favorable rate. This initiative aims to foster the growth and development of innovative businesses in information technology.
Context:
Ghezelbash made the promise on the sidelines of the INOTEX 2025 Exhibition held in Tehran. INOTEX is recognized as one of the most important innovative events in Iran. Many knowledge-based companies have found their way to the international markets through INOTEX.
Go deeper:
Iranian Knowledge-Based Company Achieves Breakthrough in Data Logger Production
seyed mohammad kazemi