Sci & Tech

Startup Accelerators Multiply

The number of startup accelerators has reached 55 in Iran and is expected to further increase
Startup Accelerators Multiply
Startup Accelerators Multiply

The growth of Iranian technology ecosystem is expected to speed up, as the number of startup accelerators is on the rise.
Mehdi Azimian, an official with the Vice Presidential Office for Science and Technology, said that in the last Iranian year (ended March 19, 2020), accelerators have had a significant qualitative and quantitative growth, the office's website reported.
“The number of certified centers has reached 55 and will continue to increase. Besides, they offer stronger support to fledgling tech teams and startups,” he said.
Accelerators provide startups with technical and legal assistance besides monetary facilities, and help them expand their businesses and enter new markets.
Based on their rules, accelerators carry out quarterly evaluations of startups to ensure their growth and bridge possible gaps. Therefore, accelerators play a vital role in the development of a startup.


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