A joint meeting between Novaco and representatives of the Vice Presidency for Science, Technology and Knowledge-Based Economy of the Islamic Republic of Iran was held at the Vice Presidency’s headquarters. The meeting focused on expanding technological cooperation, leveraging legal and financial incentives, advancing the innovation ecosystem across Ahdaaf Investment Group, and strengthening Novaco’s role as the Group’s dedicated innovation ecosystem development arm.
According to Novaco’s Public Relations Department, the meeting was attended by Dr. Mohammad Mehdi Keramati, Head of the Secretariat of the Strategic Council for Knowledge-Based Technologies and Products; Dr. Abdolhassan Bahrami, Head of the Center for Coordination and Management of Knowledge-Based Economy Development Headquarters; and Dr. Zohreh Sarvi, Executive Deputy of the Connectivity and Communications Technology Development Headquarters, representing the Vice Presidency.
Representing Novaco were Dr. Amirhossein Zarghami, Chief Executive Officer of Novaco; Dr. Amir Taheri, Chief Executive Officer of Ahdaf Corporate Venture Capital (CVC) Fund; and several representatives from Novaco’s Research and Development (R&D) team.
During the meeting, Novaco, as the innovation ecosystem development arm of Ahdaf Investment Group, reaffirmed its commitment to supporting, coordinating, and guiding the Group’s subsidiary companies in their technological development and innovation initiatives.
Discussions also addressed the utilization of incentives provided under the Knowledge-Based Production Leap Law, particularly tax credit schemes stipulated in Clauses (b) and (t) of Article 11, for which relevant projects and proposals had been collected from the Group’s subsidiaries. The potential application of the SABA Program to Ahdaf Investment Group was also examined.
In this context, participants reviewed the challenges faced by subsidiary companies in obtaining tax credits under Clause (b) of Article 11, as well as the requirements and obstacles associated with obtaining knowledge-based company certification. It was agreed that Novaco and the Vice Presidency would strengthen their cooperation to facilitate these processes for Ahdaf Investment Group’s subsidiaries.
Furthermore, with the support of the Vice Presidency and through the Innovative Value Chain Driver Program, it was agreed that Ahdaf Investment Group, through Novaco, would assume the role of an innovation driver across the upstream and downstream segments of the oil industry value chain. This initiative is intended to further strengthen the development and coordination of technology-driven projects, facilitate investment opportunities, and expand collaboration with knowledge-based companies.
The meeting also addressed major research and development projects proposed by companies within Ahdaf Investment Group. Participants explored the possibility of utilizing incentive and support packages offered by the Vice Presidency to facilitate investment in these projects and accelerate their implementation.
Overall, the meeting aimed to strengthen institutional cooperation between Ahdaf Investment Group’s subsidiaries and the Vice Presidency for Science, Technology and Knowledge-Based Economy, with Novaco serving as a strategic liaison and facilitator between the two organizations. This collaborative approach is expected to streamline and accelerate the development of a more integrated, dynamic, and sustainable innovation ecosystem across Ahdaf Investment Group.