Tehran Startup Studio Launched

The University of Tehran and the Noor Credit Institution have jointly established “Tehran Startup Studio”, an accelerator trying to expedite the process of transforming ideas into business opportunities, as well as forming a deep link between academia and businesses.
Tehran Startup Studio is set to operate as a startup accelerator as well as a venture capital fund, reported Shanbepress, a local startup news agency.
Director of the studio Mohammad Reza Molla-Ahmadi says, “VCs need an entity to vet each applicant before forging a contract. That’s why we established an integrated entity including both VC and startup accelerator.”