Presence of Iranian TBFs in Innovation Week Exhibition of Uzbekistan - english
Presence of Iranian TBFs in Innovation Week Exhibition of Uzbekistan
Along with the holding of Innovation Week Exhibition of Uzbekistan (Innoweek 2022), a meeting was held to develop cooperation in the field of innovation financing between Iran and Uzbekistan with the presence of representative of INIF (Iran National Innovation Fund) and CEO of Fund for Financing Science and Innovation Support.
Bunyodjon Okhunov pointed out the experiences in financing startups and international projects in countries such as Belarus, Hungary and Ukraine. In this meeting, Dr. Marzieh Shaverdi, Capability Building Manager of INIF, while explaining the experience of INIF in launching venture capital funds with the cooperation of private sector, proposed the establishment of a joint fund to finance the innovative projects of the two countries. At the end of meeting, it was decided that the two sides would present their proposals in two areas of financing innovative projects and establishing a joint fund.
During of Innovation Week Exhibition of Uzbekistan, Capability Building Manager of INIF, also met with Ibrahim Abdurahmonov, Uzbek Minister of Innovative Development. Dr. Shaverdi explained the services of INIF in the field of export and financing TBFs (Technology-Based Firms) and emphasized the development of technological cooperation between the two countries. In this meeting, Uzbek Minister of Innovative Development, thanked INIF for supporting the presence of Iranian TBFs, proposed the creation of a joint credit line to facilitate the entry of Iranian TBFs into the Uzbekistan market and to allocate a space for the establishment of Iranian technological products showroom. It should be mentioned that according to the latest global innovation index report published in 2022, Iran ranked 2nd and Uzbekistan is in the 3rd place in the Central and South Asian region.
In addition, during the Innovation Week Exhibition of Uzbekistan, Uzbek officials visited Iran's national pavilion and got acquainted with the products and capabilities of TBFs. In this exhibition, 30 Iranian TBFs with the support of INIF and Vice-Presidency for Science and Technology, displayed their achievements and products and negotiated with buyers and investors from 17 countries.