IFB Says Launching Market for Knowledge-Based Firms

Iran Fara Bourse, the over-the-counter exchange, said it has plans to create two new markets this year, including one for knowledge-based enterprises. 
Mohammad Ali Shirazi, the CEO, said that the development of a knowledge-based economy is no longer a convenience but a compulsion, the IFB website quoted him as saying on Sunday. 
Referring to the missing link in the chain of converting knowledge into wealth, Shirazi said, "Financing knowledge-based companies is a missing link, and entrepreneurs in this sector have had real concern about securing funding and venture capital for their projects. 
"The new market can [help] fill that gap.”