In a fresh effort to expand the technology ecosystem, Iran National Innovation Fund has offered aid packages to the tune of 200 billion rials ($1.7 million) to startups and tech firms active in East Azarbaijan Province, the head of INIF said on Friday.
Visiting the seventh Rab'e Rashidi Innovation and Technology Exhibition (also known as RINOTEX 2019) held from Nov. 4 to 8 at Tabriz International Exhibition Center, Ali Vahdat announced that the fund will help tech units in the province bridge their financial gaps until a stable financial source is established in East Azerbaijan.
"Over 140 knowledge-based companies and numerous tech parks are active in the northwestern province. However, it's a pity they do not receive deserving and comprehensive support," Vahdat was quoted as saying on INIF’s website.
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