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Iran National Development Fund to Offer Loans to Rural Tech Firms

Iran National Development Fund to Offer Loans to Rural Tech FirmsIran National Development Fund to Offer Loans to Rural Tech Firms

In line with the state-backed policy to accelerate the growth of knowledge-based firms and startup ecosystems in Iran, cheap loans will be offered to eligible companies and emerging enterprises in less-developed villages. 
The loans are to be financed by the National Development Fund of Iran.
According to the website of the Vice Presidential Office for Science and Technology, Isti.ir, the office has reached an agreement with the government-affiliated Office for Rural Development to offer low-interest rate (4-10%) loans from the National Development Fund of Iran to potential knowledge-based businesses located in deprived areas.

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