Iran-Europe Business Center Hosts Talks in Berlin to Foster Tech Ties

EghtesadOnline: A meeting has been held between Iranian and European startups, knowledge-based firms and investors at Iran-Europe Business Center in Berlin aimed at fostering collaborations and expanding information technology ties between the entities.

News ID: ۷۴۵۷۰۲

23 July 2018

During the event held last week, Rainer Ptok, head of foreign relations at the German Association for Small and Medium-sized Businesses BVMW, said after reimposition of US sanctions against Tehran, it is imperative that business ties with Iranian startups improve.

Ptok also highlighted the significance of mutual collaborations between Iran and Germany in the expansion of small and medium-sized businesses, wrote local technology website Shanbepress over the weekend.

Ali Saeedi, a senior advisor with Iran’s Securities and Exchange Organization, was present at the event, according to Financial Tribune.

He said, “The SEO has played a major role in backing startups and knowledge-based firms by organizing venture capital funds in Iran’s [over-the-counter market] Farabourse.”

Providing a background on Iran’s startup ecosystem and the booming sector in the country, deputy at Tamadon Investment Bank, Babak Baqeri, talked about the achievements of local venture capital funds and the procedures involved when investing in local knowledge-based firms.

The focal points discussed in the meeting included such items as presenting the potential of Iranian technology firms so as to enable them to secure a foothold in foreign markets and attracting international investors.