Tehran will host the 19th technology exhibition Iran National Technomart at the international fairgrounds as of Monday. The event will continue until December 26.
Some 200 technology firms, backed by universities, science and technology parks, and startup accelerators will participate in the event showcasing their latest services and products. The event is organized by the Ministry of Science, ICTNA reported.
Masoud Boroomand deputy minister science told reporters earlier this week that the top 10 tech products showcased at the event will be selected by a jury and each company will get 2.5 billion rials ($24,500) in prize money.
“Winners will be judged by the jury based on their technological progress and their potential in attracting investment,” he said.
The content of locally developed technologies in each product will be considered as one factor in selecting the winners.
According to Boroomand, Tehran with 320 and Golestan with 255 submitted products have are the provinces with the highest number of participants in this year’s exhibition.
