About the fund

About the fund

Fund Strategies:
Providing financial and facility services to individuals and legal entities in the form of subsidies, short-term and long-term facilities, payment of all or part of the benefits of related facilities and crimes and providing guarantee services for the implementation of research projects, technology, innovation and commercialization of research results .
Attract or direct government finances, banks and authorized credit institutions and other funds in line with the goals, duties and powers of the fund.
Venture capital (vc) in research and technology projects.
Participation and investment in the creation, development, management and empowerment of research and technology and knowledge-based companies.
Guaranteeing the payment of obligations and installments of research and technology projects in the contract in order to expedite and facilitate the implementation of projects and contracts, and certification and securing of property and assets in order to prevent interruptions in the implementation of projects.
Cooperation with domestic and foreign institutions and membership in related specialized associations in line with the goals of the Fund.
Obtaining and granting brokerage and agency of financial resources of governmental and non-governmental natural and legal persons in the field of research and technology.
Providing evaluation and feasibility services for business plans and monitoring, evaluation of projects and research and technology projects.
Participate in the formulation of policies, priorities and regulations related to the goals of the funds in the country and help organize and synergize the existing support in the country.
Fund elements:
General Assembly: The General Assembly of the Fund consists of a meeting of shareholders or their representatives.
Board of Directors: The Board of Directors of the Fund has three / five members who must be elected from among the members of the General Assembly and the representatives of the shareholders by the General Assembly for a period of two years.
Managing Director: The Managing Director is elected by the Board of Directors from among the members of the Board of Directors or outside the Board of Directors who have at least three years of experience in financial, research and technology services and have general qualifications, and his re-election is unrestricted. .
Auditors: The Fund will have a Chief Inspector and a Substitute Inspector, who will be elected by the General Assembly for one year.

 Inspector: Parham Mashhar Auditing Institute
Auditor of the Fund's legal entities:
Ministry of Science, Research and Technology
Specialized Association of Research and Development Centers of Industries and Mines