Surfing on audacity edge!
Changes have been seen in Iran’s economic climate over the past couple of years. Now the nation feels homey with the Start-Ups, Ventures or accelerators. Even IFB published the prospectus and statute on VC funds.
Indeed one of the main challenges the new ideas face with, is to reap the funds they need. Financing may take months to be ready and make entrepreneurs cold feet, eventually end in depression over the whole project. Above the average failure rate in brand new small businesses make it somehow impossible for newcomers to demand funds from financial institutions, needless to say they are unwilling to do so.