To promote technological firms and startups, the Ministry of Cooperatives, Labor and Social Welfare has reached an agreement with the Electronic Support Fund for Research and Development, affiliated to the Industries Ministry.
Mohammad Kabiri, a deputy head at the Cooperatives Ministry, and Reza Naqipour, the fund's chief, signed a deal to jointly boost support for knowledge-based companies and startups, Webna reported.
Kabiri said one of the main objectives of the agreement is to use the valuable experience of ESFRD in backing tech companies.
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