Iran

TEHRAN-- The 5th Technology Investment Meeting (TIM 2023) will be held in Tehran Pardis Technology Park on February 26-27, with participants from the D-8 , the group of eight Islamic developing countries.D-8 includes significant Muslim developing countries specifically, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.TIM 2023 is an international event with the goal of bring in capital to speed up knowledge-based companies and start-ups, and likewise bring in investors from D-8 member states.Some 105 knowledge-based companies, start-ups, and innovation centers from Iran, Turkey, Armenia, Pakistan, Afghanistan, and Kenya, in addition to 52 financiers and business delegations from Iran, Turkey, Armenia, Bangladesh, Malaysia, Syria, Afghanistan, Kenya, and Guinea, have revealed readiness to participate in TIM 2023.

University professors, financiers, development centers, accelerators, trainees, and those interested in technology and development have actually used to go to the event.Delegations from Mongolia, China, Ukraine, and Canada will also go to the event online.Information innovation and software, medication and medical devices, engineering and innovative products, mining and energy, and imaginative industries are some of the locations where startups provide their ideas.During the two-day occasion, 24 leading start-ups are going to provide their concepts to international investors.

These start-ups operate in the fields of ITC, materials, health, and innovative industries.The individuals are likewise set up to hold customized panels, one of which relates to the unveiling of the joint innovation financial investment fund.The fund was introduced at the idea of the Islamic Republic of Iran, as Turkey and Malaysia have currently consented to introduce such a fund.Iran is planning to launch the fund based on the concerns of D-8 countries to buy technological projects in a specialized way.At this event, a panel titled rewards and financial investment chances of countries will be presented.

Turkish Technology Council, Bangladesh Ministry of Science and Technology, and Indonesias National Research and Innovation Agency are likewise scheduled to attend.So far, 11 investment contracts worth $10.6 million have actually been checked in the fields of medical equipment, mining, transportation, ICT, and energy.Also, based upon the projections, Iran prepares to sign contracts worth $15 million in technological fields, of which $3.6 million belong to tasks in the field of pro-robotics and medical devices in between Iran and Indonesia.Moreover, strategies will be unveiled in the fields of expert system, engineering services, equipment, and machinery.This event is a great chance for financial stars in different fields of technology to develop their share of international markets by providing their items, services, and capabilities.In the last edition of the event (TIM 2022), over 100 foreign financiers and 28 domestic investors existed and showcased the services and products of 61 start-ups and investing companies.The result of this valuable event was concluding 11 cooperation contracts worth $10 million, which is expected to grow this year significantly.This event includes various programs, such as the presentation of innovation business with the aim of attracting capital, specialized panels, signing MOUs, concluding joint investment contracts, and going to the countrys innovation and innovation ecosystem.Over 7,000 knowledge-based and 1,600 innovative business have so far been registered and begun operations in the country.The fields of biotechnology, agriculture, food industries, chemical technologies airplane maintenance, steel, gas, pharmaceuticals, medical devices, and medication, oil, electronics and telecommunications, information technology, and computer system software application are amongst the sectors in which researchers in innovation companies are working.MG





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