The telecoms network operator has launched a venture capital scheme in partnership with Iran's University of Tehran.
University of Tehran will partner with telecommunications network MTN-Irancell to launch an IT-focused venture capital fund of undisclosed size aimed at building the country’s innovation ecosystem, Xinhua has reported.
The proposal includes plans for an accelerator and an innovation hub built by Irancell on a 3,000-metre site at the university’s College of Engineering.
Irancell, a joint venture between South Africa-based MTN and electronics producer Iran Electronics Industries, hopes ideas from the hub, along with portfolio investments and those of other…
