Tech Firms, Industrial Units Sign Deals Worth Over $200m

Startup gatherings organized by the state-back Iran National Innovation Fund in the last Iranian year (ended March 19, 2020) have resulted in contracts worth 47 trillion rials ($201.7 million) between tech firms and major industrial units.
According to Siavash Malekifar, a deputy at INIF, 14 technology events were organized by the fund in the last fiscal year, offering domestic industries an opportunity to introduce their technological needs and seek appropriate tech solutions, the fund’s website reported. 
“During the events, around 2,700 B2B meetings were held between knowledge-based firms and domestic industries, and over 1,650 tech needs were listed in different fields,” he added.
The INIF official noted that events have given rise to numerous contracts, strengthening ties between the growing technology ecosystem and conventional businesses and industries. 
Malekifar further said the most recent tech gathering was jointly held by the Vice Presidential Office for Science and Technology, INIF and Agricultural Research Education and Extension Organization as online sessions from August 2-4.