At a specialized conference focused on financing knowledge-based companies, Dr. Mahmoud Goudarzi, CEO of the Tehran Securities Exchange (TSE), introduced the “Project Company” model as an innovative tool to support high-tech start-ups and knowledge-driven industries.
Key Highlights
- Purpose of the Model: “Project Company” enables direct and transparent financing for economically viable, forward-looking projects in advanced industries.
- Execution Process: The listing of a Project Company on the TSE involves three core entities:
- A technical engineering consultant (preparing the feasibility report)
- A credit rating agency (for credit assessment)
- A business advisor (preparing the business plan)
- Approval: After the documentation is completed, the Project is reviewed by the Exchange’s admission board. If approved, it proceeds to the Securities and Exchange Organization (SEO) for final authorization and public offering.
- Advantages: Direct capital access, fast fundraising, and high transparency.
The event concluded with a Q&A panel where senior financial officials addressed questions on financing strategies for knowledge-based sector.
The news link on the TSE websiteè https://www.tse.ir/en/news/details/96981
