Ambitious Projects Launched to Support Tech-Based Ecosystem

The Vice Presidential Office for Science and Technology pursues the strategic objectives of promoting the marketing of knowledge-based products and supporting the growing technological ecosystem.

The vice presidential office, as the government's arm in supporting the tech community, launched 82 projects nationwide in the last fiscal year (ended March 20, 2021), recording a 38% increase year-on-year, Dolat.ir reported.

A total of 891 tech schemes were also approved for field studies in the current fiscal year.  

Aside from its own projects, the vice presidential office invested in 168 knowledge-based schemes worth 10 trillion rials ($42.9 million). The office paid 39% of the investment – 3.9 trillion rials ($16.73 million). 

In addition, the office handed out 1.35 trillion rials ($5.79 million) to 138 projects that were started in 2019-20 and progressed by 62%.

It also supported tech centers and parks in providing workspace, amenities and mentorship, as well as legal and commercial assistance, which have led to positive results.