Iran to Turn into Sponsor of Largest Ecosystem of Nanotechnology Start-Ups in World
This move, in addition to strengthening Iran's position in the field of nanotechnology, will also greatly contribute to the growth and development of the country's knowledge-based economy.
“Initial talks to form a support fund for technology start-ups among the participating countries, led by Iran, are underway,” Abolfazl Azarnia told ANA, who is a member of the jury of the second International Nanotechnology Olympiad (INO) which was held in Kuala Lumpur, Malaysia, on October 17-18 with participants from Iran.
“This fund can help teams launch and grow their startups. Another goal of this plan is to establish joint cooperation with different universities in different countries. If this networking happens, we will not only see the transfer of technology to these countries, but successful participants will be able to sell their technologies to other countries and benefit from the profits,” he added.
Isfahan University of Technology team, representing Iran, won the gold medal and the ‘Best of the Best’ title at the second Malaysia Nanotechnology Olympiad (INO 2024).
The Iranian team earned top honors in innovation, technology, and marketability for its research project, ‘Producing Clean Fuel from Hydrogen Using Sunlight’.
Students from five Asian countries – Iran, Thailand, Malaysia, Hong Kong, and Taiwan – competed for two days in Kuala Lumpur, presenting scientific and commercial nanotechnology projects at the International Nanotechnology Olympiad in Malaysia.
The Isfahan University of Technology's project uses a designed nanosurface to convert water into hydrogen fuel when exposed to sunlight. Hydrogen fuel is a clean energy source that can be produced without greenhouse gas emissions and used in various energy applications.
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