EghtesadOnline: State-backed Iran National Innovation Fund is planning to loan 45 trillion rials ($277.7 million) to knowledge-based companies and tech firms in the current fiscal year (ending March 2021).

EghtesadOnline: Iran National Innovation Fund is to switch from conventional funding to venture capital investment for supporting fledgling startups and tech companies.

EghtesadOnline: Since March 2018, Iran National Innovation Fund has offered loans and aid packages to the tune of 13 trillion rials ($113 million) to Iranian startups and tech firms, a deputy at INIF said on Tuesday.