Iran’s young seek opportunities in hi-tech startups

Global Business

Iran's young seek opportunities in hi-tech startups tn1

Western trade sanctions imposed on Iran may have put a stranglehold on the Iranian economy, but they have also opened the door to local start-ups to come up with their own successful hi-tech companies.

A generation of young entrepreneurs are finding a foothold in the technology and e-commerce sector. Today, Iran’s online businesses are competing with the world’s hi-tech startups, despite the isolation brought on by the economic sanctions.

CCTV America’s Elmira Jafari reports.

Iran\'s young seek opportunities in hi-tech startups

Iran\'s young seek opportunities in hi-tech startups

Western trade sanctions imposed on Iran may have put a stranglehold on the Iranian economy, but they have also opened the door to local start-ups to come up with their own successful hi-tech companies.

Once Western sanctions are lifted, the cash starved Iranian economy will welcome foreign investors with open arms.

For many who took advantage of economic opportunities without a lot of competition, they hope business will remain brisk.

And perhaps the rest of the world will discover it too, once they find their way to Iran.


Lawyer Farhad Alavi on Iranian Startups

For more on startups in Iran, CCTV America’s Michelle Makori interviewed Farhad Alavi, lawyer and managing partner of Akrivis Law Group.

Lawyer Farhad Alavi on Iranian startups

Lawyer Farhad Alavi on Iranian startups

For more on startups in Iran, CCTV America's Michelle Makori interviewed Farhad Alavi, lawyer and managing partner of Akrivis Law Group.