The end of the innovation fund after several years of waiting Ali Mutakian, CEO of Iran's Journalism Culture Institute, wrote: The delay in approving the management regulations and establishing the fund has become a demand of knowledge-based companies from the leaders of the revolution. The leader of the revolution emphasized the need for quick implementation of the law to support knowledge-based companies. Less than a month after this meeting, the then president appointed the members of the executive committee and the head of the fund. On November 21, 2011, the government approved the administrative regulations of the law to support knowledge-based companies. With the inauguration of the 11th government, the foundation's board of trustees was established under the chairmanship of the president. The fund began its activities with the support of the government and the allocation of 10 thousand billion riyals. Read the full text here.

The end of the innovation fund after several years of waiting Ali Mutakian, CEO of Iran's Journalism Culture Institute, wrote: The delay in approving the management regulations and establishing the fund has become a demand of knowledge-based companies from the leaders of the revolution. The leader of the revolution emphasized the need for quick implementation of the law to support knowledge-based companies. Less than a month after this meeting, the then president appointed the members of the executive committee and the head of the fund. On November 21, 2011, the government approved the administrative regulations of the law to support knowledge-based companies. With the inauguration of the 11th government, the foundation's board of trustees was established under the chairmanship of the president. The fund began its activities with the support of the government and the allocation of 10 thousand billion riyals. Read the full text here.