Mashhad Startups Get a Boost

An innovation center called Khayyam has been inaugurated in the holy city of Mashhad, Khorasan Razavi Province, to convert smart ideas into businesses and establish links between knowledge-based companies and industrial groups.
The center, which was already hosting several startups and knowledge-based firms, was officially launched on Tuesday by Sorena Sattari, vice president for science and technology.
Khayyam offers a wide range of services to startups, including consultation, acceleration and financial support. Startups can also get working spaces, the office’s website Isti.ir reported.
The innovation center is focused on developing natural perfumes and eco-friendly pesticides, as well as anti-narcotic and stem-cell technologies. 
According to officials, the center can house up to 250 tech units and create 1,000 jobs.