Fiber optic creates flourishing market for job opportunities, production
Minister of Information and Communication Technology (ICT), Isaa Zarepour, has emphasized the necessity to set up 20 million fiber optic connections in households and businesses. He highlighted that the initiative will generate a significant market for production and job opportunities.
One of the fundamental directions of Iran’s current government is to support new technology-based firms (NTBFs), for which there is financial support from Iran National Innovation Fund (INIF), according to ISNA.
The Iran National Innovation Fund was established in 2011 in order to assist non-governmental institutions and companies in commercialization of innovations and inventions, as well as to make technical knowledge grow by providing financial support and services to new technology-based firms.
According to INIF, 30 percent of companies are active in the field of communications and information technology. Creativity, innovation, and human resource play a vital role in this field.
It is essential to establish a dedicated mechanism for collaboration between the Iran National Innovation Fund and Noafarin Fund. The cooperation will support NTBFs in the field communications and information technology, Zarepour noted.
Noafarin Fund is one of the largest research and technology funds in the country to support active startups in the field of Information and Communication Technology. The Ministry of Information and Communication Technology is considered one of the significant infrastructural ministries, which plays a crucial role in the country’s development path. INIF is prepared to serve as an extension of the ICT Ministry in the realm of technology and innovation advancement.