Tehran to open startup studio

May 29, 2018 •

The hub will operate a venture capital fund, an accelerator and a facilitator of university-industry collaboration.

University of Tehran has partnered local financial services firm Noor Credit Institution to create a startup studio that will incorporate an accelerator and a VC fund, the Financial Tribune reported on Wednesday.

The size of the fund has not yet been revealed. The Tehran Startup Studio will also aim to strengthen links between academia and businesses.

The studio will be headed by director Mohammad Reza Molla-Ahmadi.

The studio follows Tehran’s deal with telecoms firm MTN-Irancell to launch an IT-focused investment…

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