15 Venture Capital Funds Seek Permit

Iran Fara Bourse, the junior equity market, is studying 15 requests from venture capital funds (VC), eight of which are in the final stage, the IFB chief said. 
Amir Hamouni said so far 10 VCs are listed on the IFB, the Securities and Exchange News Agency (SENA) reported. 
VC is a form of private equity and a financing instrument that investors provide to startup companies and small businesses that are believed to have long-term growth potential, or to companies that have grown quickly and appear poised to continue to expand.