IIID, Central Bank Align to Advance Financing Pathways for Technology and Innovation

Senior executives of the Iran international innovation district (IIID) and the Central Bank of Iran held a joint meeting to examine new financing mechanisms, develop monetary instruments, and streamline financial support for technology and knowledge-based companies—an initiative aimed at strengthening links between the national monetary system and the innovation ecosystem.

The joint session brought together senior managers from IIID and the Central Bank to explore legal capacities and advanced monetary tools designed to support companies operating within the Innovation District.

Representing Pardis Technology Park were Mohsen Pilanezhad, Director General of the Office of the President; Rouhollah Aboujafari, Advisor to the Park President; Ebrahim Rezvani, Head of Planning and Economic Affairs; Ahmad Askari, Director General for Investment and Technology Indigenization; and Seyed Rouhollah Miramini, CEO of the Technology Development Fund.

From the Central Bank, Mehdi Sahabi, Director General for Monetary and Credit Operations, Esmail Mohammadjani, Head of Supply Chain Financing, along with other senior officials, attended the meeting.

Opening the session, Pilanezhad introduced IIID, outlining its development plans, international programs, institutional frameworks established at Pardis Technology Park, and the government resolution underpinning the district. He underscored IIID’s role in advancing Iran’s knowledge-based economy.

Aboujafari emphasized the importance of implementing innovative financial and monetary instruments in line with the district’s founding regulations. He highlighted tools such as special deposit certificates, supply chain financing, factoring, and Guaranteed Notes (GAM) as practical solutions to address financing challenges faced by IIID member companies, calling for closer cooperation with the Central Bank.

Sahabi noted that effective deployment of Central Bank instruments requires technical expertise, reaffirming the Bank’s readiness to provide the necessary knowledge and guidance to companies operating within IIID. He also proposed categorizing member companies based on indicators such as sales volume, annual profitability, registered capital, sector of activity, and workforce size to prioritize access to financial facilities.

Concluding the meeting, Sahabi reiterated the Central Bank’s commitment to facilitating support for IIID member companies and welcomed joint cooperation with the Technology Development Fund to strengthen innovation financing mechanisms.

The meeting marked a significant step toward deeper synergy between Iran’s monetary policymaker and the innovation ecosystem, paving the way for improved access to advanced financial instruments for technology-driven enterprises.