The secretary of the knowledge based enterprises and commercialization committee of the secretariat of SCSRT announced that a policy pack including the procedures for government support and also the instruction of insurance coverage policy for knowledge based companies is on its way to be finalized.

Public relations office of the secretariat for SCSRT reports that Dr. Kazemi, the secretary of knowledge based enterprises and commercialization committee of the secretariat of SCSRT said insurance coverage for knowledge based activities have been under extensive discussion and there is hope that the necessary mechanisms for such support for knowledge based companies will be implemented in near future.

He said that based on the law Iran Central Insurance Company (ICIC) has been tasked with providing an equitable insurance coverage for knowledge based products in all phases of designing, prototyping, manufacturing and market launch.  And a work group has been formed to address the practical challenges faced as implementing the above-mentioned law.