President Hails Iran’s Leap in Promotion of Knowledge-Based Companies

President Hails Iran’s Leap in Promotion of Knowledge-Based Companies

TEHRAN (Tasnim) – The outgoing president of Iran highlighted his administration’s support for domestic knowledge-based companies, whose number he said has multiplied 100-fold to 5,800 over the past 8 years.

In remarks on Monday, President Hassan Rouhani said Iran has made great strides in developing knowledge-based companies under his administration.

The country’s scientific progress did not come to halt during years of economic war, he said, adding that there were only 55 knowledge-based companies in Iran when he took office in 2013, while that number has now risen to around 5,800.

Iran’s development and progress in future would materialize through the course of knowledge-based economy, he stressed, describing it as the only way that Iran would catch up with advanced countries.

The president then opened a permanent exhibition of Iran-made knowledge-based products in Tehran via videoconference, saying the fair provides an opportunity for closer interaction among the business people, scientists, intellectuals and knowledge-based companies that seek to export their products.

Last week, the Vice Presidential Office for Science and Technology published an infographic, depicting the status of knowledge-based companies and startups from March 2013 to June 2021.

According to the infographic, the domestic technology ecosystem has grown tremendously in the past 8 years, thanks to governmental backing and private investment, to 6,030 tech entities registered till June 2021, according to Financial Tribune.

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