$3.8m Aid Package for Domestic Knowledge-Based Companies

Iran National Innovation Fund intends to offer local knowledge-based companies aid packages to the tune of 500 billion rials ($3.8 million) in the form of loans to empower tech companies in the country. 
The aid packages offered to fledgling tech companies are hoped to boost their activities both domestically and internationally, Tasnim News Agency reported.
Rouhollah Estiri, an official with the Vice Presidential Office for Science and Technology, says the financial aid is part of INIF's support plans for emerging startups and tech companies.