{"id":7501,"date":"2023-11-29T10:16:02","date_gmt":"2023-11-29T06:46:02","guid":{"rendered":"https:\/\/irvc.ir\/opportunity-for-research-and-technology-funds-1402\/"},"modified":"2025-05-12T20:59:30","modified_gmt":"2025-05-12T16:29:30","slug":"opportunity-for-research-and-technology-funds-1402","status":"publish","type":"post","link":"https:\/\/irvc.ir\/en\/opportunity-for-research-and-technology-funds-1402\/","title":{"rendered":"IRVC Facilitates R&T Funds’ Role as Fund Managers in Private and VC Funds"},"content":{"rendered":"\t\t
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IRVC Facilitates R&T Funds’ Role as Fund Managers in Private and VC Funds
The Iranian Venture Capital Association (IRVC) has successfully cleared a regulatory path for Research & Technology (R&T) Funds to assume the role of Fund Manager in Private Equity and Venture Capital Funds, by initiating the amendment of a key provision in the relevant SEO regulation.<\/p>

Previously, Article 17(a) of the Knowledge-Based Production Leap Law, along with Cabinet Executive Bylaw No. 107458 dated September 10, 2022, had recognized R&T Funds as eligible managers for VC and private funds.<\/p>

However, the Securities and Exchange Organization’s directive included Clause 5, which required R&T Funds to commit to holding at least 30% of fund units to qualify as the managing entity. This clause created a significant barrier, making it impractical for many R&T Funds to take on a managerial role.<\/p>

Thanks to continuous engagement and formal communications by IRVC over the past year, along with backing from other innovation ecosystem stakeholders, Clause 5 of the directive was amended, reducing the ownership requirement from 30% to 10%.<\/p>

This regulatory shift now empowers R&T Funds to actively participate in fund formation as managers, expanding their role in the venture capital landscape and strengthening the capacity of domestic investment vehicles.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Following a year of advocacy by the Iranian Venture Capital Association (IRVC) and with support from innovation stakeholders, the Securities and Exchange Organization (SEO) has officially amended its fund manager requirements. The revision reduces the mandatory investment commitment for R&T Funds from 30% to 10%, enabling them to serve more feasibly as managing entities in private and venture capital funds. … <\/i>Read more<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":6636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[224,225],"class_list":["post-7501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bold-fund","tag-private-fund"],"_links":{"self":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/7501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/comments?post=7501"}],"version-history":[{"count":4,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/7501\/revisions"}],"predecessor-version":[{"id":7505,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/posts\/7501\/revisions\/7505"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/media\/6636"}],"wp:attachment":[{"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/media?parent=7501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/categories?post=7501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/irvc.ir\/en\/wp-json\/wp\/v2\/tags?post=7501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}