These companies and institutions are generated for the synergy of science and wealth, development of scientifically focused economy, realization of scientific and economic objectives (including the expansion and operation of inventions and innovations), and commercialization of the results of R&D (including design and production of products and services) with abundant added value. From another view, a science-based company or institution is a job-producing (vulnerable) company or institution that uses science in tools, products, processes and designs related to technology and while accepting the risks of operation (of course with the support of specialized growth centers), takes action toward producing on a smaller scale during its growing stage, and on a larger scale after reaching full growth. These companies and institutions follow the trade law and must be registered at the company recording office. The law supporting these companies and institutions, after being approved in the parliament last year, was released to executive units for execution
- Synergy of science and wealth
- Expansion of scientifically focused economy
- Realization of scientific-economic objectives of the country
- Commercialization of the results of R&D to science-based products with economic value
Stages of generating science-based companies:
- Having an idea focus or the same technology that has been registered in the main office of industrial possessions of the country's recording office and a registration certificate is issued for it.
- Visiting the park or growth center, and performing the required arrangements.
- Completing the worksheets given by the park or the growth center.
- Submitting the completed worksheets along with the required documents to the park or growth center.
- Pursuing the results of the initial examinations.
- Participating in the research council of the park or growth center, according to the invitation and defending the proposed idea.
- Pursuing the results of the final decision.
- Becoming established in the park or the growth center and beginning work.