INSUBCONTINENT EXCLUSIVE:
TEHRAN-- Iran House of Innovation and Technology (iHiT) has actually welcomed knowledge-based companies to participate in worldwide exhibits
in Kenya.The 10th Africas Prime oil and gas exposition, the 4th Power and Energy Africa 2023, and the 8th solar Africa 2023 will be kept in
the African country from May 18-20, 2023, IRNA reported.In January 2021, the Iran House of Innovation and Technology was formally
inaugurated in the Kenyan capital of Nairobi, as the very first center in Africa.Houses of innovation and innovation have actually already
been set up in countries such as Russia, Turkey, China, Syria, Armenia, Kenya, and Iraq.Then vice-president for science and innovation,
Sourena Sattari, officially opened the center which functions as a base for the production of innovative ideas, the commercialization of
these concepts, and the export of Iranian knowledge-based product or services to the East African market.The iHiT, by supporting ingenious
ideas, and holding technological and innovative occasions will be a platform for the development and promo of Iranian knowledge-based
companies, startups, and creative industries.An overall of 400 trillion rials (almost $800 million) will be assigned to the innovation
environment of the country.Four companies of the Innovation and Prosperity Fund, the Vice Presidency for Science and Technology, the
Association of Private Banks and Credit Institutions, and the Coordinating Council of State and Semi-State Banks, signed a memorandum of
understanding to establish a knowledge-based economy and development and technology funding fields.Leader of the Islamic Revolution
Ayatollah Seyyed Ali Khamenei designated the current Iranian year (March 2022-March 2023) as The Year of Production: Knowledge-Based and
Strengthening knowledge-based business are on the program, raising wish for decreasing obstacles on the course to development.In this
regard, a strategic technology advancement headquarters was formed and 362,000 technological projects and 154 commercialization tasks were
supported, in addition to the inauguration of 23 nationwide mega projects.Moreover, in the field of development and entrepreneurship
environment development, 65 innovative homes and development centers, and 30 specialized accelerators have actually been established with
the aim of empowering and strengthening the export capacity of knowledge-based, innovative, and technological companies.Knowledge-based
companies and innovative startups have grown over the previous five years, and Iran has actually risen 45 locations in the Global Innovation
Index, according to the UNESCO 2021 Report.The Global Innovation Index in Iran from 2015 to 2019 has increased from 106 to 61 with constant
enhancement, revealing 45 actions of growth.The advancement of accelerators and innovation centers over the last five years has actually
resulted in a quick increase in start-ups and knowledge-based companies.MG
