Islamic Azad University and Martyrs and Veterans Affairs Foundation have launched an initiative to support startups active in agricultural technologies (AgriTech) and expand Iran’s startup ecosystem.
During a meeting on Sunday, Mohammad Javad Sadri, the head of commercialization affairs at IAU’s tech park, and Yaser Abdi, the head of Kosar Holding Company, affiliated with the foundation, also signed a collaboration deal to establish a startup accelerator specialized in AgriTech, Tasnim News Agency reported.
The agreement also envisages the implementation of joint research projects on food safety and the establishment of a research and innovation fund.
Speaking at the event, Sadri said the deal will help introduce new technologies into agricultural industries, commercialize innovative ideas developed by tech teams and generate knowledge.
“We expect to hire mentors and start startup acceleration process soon. By using the state’s financial resources, we plan to support tech teams active in the sector. Hopefully, we will be able to extend support to at least 30 startups by the end of the current Iranian year [March 20],” he added.
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