Iran’s Minister of ICT, Mohammad Javad Azari Jahromi, had a seminar with country’s startups, focusing on finding solutions for their issues and obstacles. In this seminar, he mentioned: "The 500 billion Tomans (110 million USD) budget for startups will be handed out to its applicants in different forms."
Till now we’ve heard a number of big companies attempting to provide free internet service for developing countries. Google, Facebook, Apple, SpaceX are among those who promised this humanitarian act to reach out about 4 billion people in the world. But now it seems that a company is beating them to it.
The government of Iran has no official and specific stance on trading cryptocurrencies. Although Bitcoin trading at the moment is not against the law, Iranian authorities showed their concerns in this matter.
The Iranian Modern Business Company (IMBCO) was established 6 years ago which is considered one of the main e-commerce players in Iran’s startup scene having NetBarg, Chilivery and Tik8 in its portfolio.