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Support of 150 Trillion Rials by the Innovation and Prosperity Fund for Knowledge-Based Companies

Just now November 1, 2026 1 min read 📰 ISNA
📋 Key Takeaway

The Innovation and Prosperity Fund has provided significant financial support to knowledge-based companies in Iran. This initiative aims to enhance investment in these companies while addressing key national challenges. The move is crucial for fostering innovation and economic growth in the country.

The Parliamentary Deputy of the Innovation and Prosperity Fund of the Presidency stated that over 150 trillion rials in loans, guarantees, and financial services have been provided to knowledge-based companies. He added that the development of investment in knowledge-based companies, utilizing the capacity of tax credits and directing resources towards solving major national issues, is on the agenda of the Fund.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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