Hamzeh Hassani said on Wednesday that 45 hedge funds were in Iran that
could be tapped for financing petrochemical projects.
The official said under the current circumstances innovative startups
must consider supplying the domestic needs for technological advances.
He said a procedural innovative system needed to be formed with the
support of accelerators, hedge funds, government organs, knowledge-based
companies, and technological parks inside the country.
Hassani said most of the Iranian startups were active in the IT sector
and were in close contact with foreign companies and industries.