On the second day of the 13th Inotex exhibition, Snowa Ventures signed four memorandums of understanding with innovation centers, the last of which was with the Blue Tree Innovation Center in Fars province.
According to Iran digital economy annotation, according to the Inotex 2024 news headquarters, the Blue Tree Innovation Center, which was launched with the aim of supporting creative and innovative ideas, signed a memorandum of understanding with Snowa Ventures, which is the investment arm of the Entekhab Group, at the 13th Inotex exhibition.
Sattar Setoudegan, director of the Blue Tree Innovation Center, said at the signing ceremony of the memorandum with Snowa Ventures: “Blue Tree has been operating in the country’s innovation and technology ecosystem for a year and a half. Among the services of the blue tree, we can mention the provision of a shared workspace and acceleration of startups, providing growth plans and holding educational events and creating a suitable space for networking. Setoudegan added: “The presence of corporate venture funds is very important for startup groups, and cooperation with the Entekhab Industrial Group is a positive event for the country’s startups and businesses that have started their work at the Blue Tree Innovation Center.”
Teimouri, the representative of Snowa Ventures, also explained at the signing ceremony of the fourth memorandum at Inotex 2024 that according to industrial studies, each province has one or more main capacities and based on the value chains of Fars, agriculture, food preparation and health tourism are more important than other issues. Teimouri said: “Chosen Investment Development Group has looked at the agriculture and tourism industry, and Fars province, especially the city of Shiraz, is a hub for medicine and health tourism, and for this reason, we are trying to cooperate with the technological companies of this province.”
Teimouri called the effort to invest in technology companies across the country as one of SnowVentures’ value chains. The director of the Blue Tree Innovation Center also mentioned the decentralization of the center and said that it is necessary to support the smart teams that are scattered in different cities of Iran.
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