Knowl­edge-Based Com­pa­nies to Re­ceive Cur­rency Ser­vices: CEO

Tehran Times - - SCIENCE -

Knowl­edge-based com­pa­nies will re­ceive cur­rency ser­vices. For this pur­pose, a Me­moran­dum of Un­der­stand­ing (MOU) was inked be­tween Bank Mel­lat and In­no­va­tion and Pros­per­ity Fund, Public Re­la­tions Dept. of Bank Mel­lat re­ported.

Un­der the MOU inked be­tween Dr. Hadi Akhlaghi Feyza­sar Chief Ex­ec­u­tive of Bank Mel­lat and Dr. Be­hzad Soltani Chair­man of the Board of Direc­tors of In­no­va­tion and Pros­per­ity Fund, this bank will grant var­i­ous types of bank­ing ser­vices and fa­cil­i­ties to the Fund and knowl­edge-based com­pa­nies within the frame­work of cur­rent rules and reg­u­la­tions of the bank.

The MOU is valid for three years which will in­crease the level of re­cip­ro­cal co­op­er­a­tion be­tween Bank Mel­lat and In­no­va­tion and Pros­per­ity Fund, the bank added.

Knowl­edge-based com­pa­nies un­der the agree­ment are de­fined to the firms and in­sti­tu­tions that lay the pre­lim­i­nary ground for spread of in­no­va­tion and in­ven­tion and com­mer­cial­iza­tion of re­sults of re­search and devel­op­ment (R&D) in­clud­ing de­sign, pro­duc­tion of goods and ser­vices in the field of top tech­nolo­gies and star­tups with the high added value.

For his part, Dr. Hadi Akhlaghi Feyza­sar CEO of Bank Mel­lat termed the Fund as a value-cre­ation unit and added: “Supreme Leader of the Is­lamic Rev­o­lu­tion has placed spe­cial em­pha­sis on the con­cept of re­sis­tance econ­omy in re­cent years, so that ma­te­ri­al­iza­tion of ob­jec­tives of this con­cept strictly hinges on pay­ing due at­ten­tion to the con­cept of knowl­edge-based econ­omy.”

In the end, he said: “Bank Mel­lat is com­mit­ted to of­fer qual­ity ser­vices to knowl­edge-based com­pa­nies and will make all its ut­most ef­forts to sup­port these star­tups prop­erly.”

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