Iran National Innovation Fund (INIF) to Provide IRR 40 Trillion in Facilities for IIID Members

INIF Launches Exclusive Investment Package for Manufacturing at IIID

INIF Launches Exclusive Investment Package for Manufacturing at IIID

Share this With Others

During a recent visit to the Iran International Innovation District (IIID), the head of the Iran National Innovation Fund (INIF) unveiled a new investment package to support manufacturing, alongside the allocation of IRR 40 trillion in facilities to IIID members.

Mohammad Sadegh Khayyatian, head of the Iran National Innovation Fund (INIF), announced that 645 facilities, worth approximately IRR 40 trillion, have been granted to IIID members. In the near future, an INIF team will be stationed at IIID to directly review the files and requirements of member companies.

Khayyatian also revealed the establishment of a new IRR 35 trillion credit line for the Technology Development Fund based in IIID. Small & medium-sized knowledge-based companies (SMEs) will be able to receive up to IRR 80 billion in working capital and prototyping facilities through this fund.

In line with the 2025 national slogan, INIF will soon roll out a new annual support package. All knowledge-based companies, including those located in IIID, will be eligible to benefit from this package.

Highlighting the achievements of IIID, Khayyatian noted that over 600 companies currently operate in the district, with 65% classified as knowledge-based. He emphasized that IIID has made significant strides both structurally and in content, serving as a key driver for technology development in Iran.

INIF is also coordinating with IIID to offer facilities for the completion of buildings belonging to member companies that have achieved over 80% physical progress, enabling them to begin operations this year.

During his visit, Khayyatian toured biotech company Zist Takhmir (producer of probiotic products), Tavan Pouyan Fanavar Pasargad (electronics equipment manufacturer), and Arya Teb Firooz (producer of hemodialysis devices), all active in IIID.

Comments

Address: Pardis Technology Park, 20th km of Damavand Road (Main Stresst), Tehran I.R. Iran.

Postal Code: 1657163871

Tel: 76250250 _ 021

Fax: 76250100 _ 021

E-mail: info@techpark.ir

website:iiid.tech

Partner Organizations