In the last 3 years there have been established almost 10(and counting) startup accelerators in Iran, who provide seed capital in exchange of equity. Also they provide mentorship, entrepreneurial training, and a creative work-space for a short period (4-6 months).  The application process is open to anyone, but highly competitive, also the focus is on small teams, not on individual founders.

After acceleration cycle, startups represent their business in front of accredited investors on a Demo Day to expose their product and receive funding to grow their businesses.