Nopayar Startup Studio
Industry Focus
Geographic Focus
Nopayar (also known as SeedOn Nopayar) was founded as a startup accelerator in 2014 with the goal of helping talented local entrepreneurs in Iran build relationships, get funded, and grow. After learning about the plethora of tech entrepreneurship challenges specific to Iran's ecosystem, the organization gradually pivoted to a startup studio model. Nopayar's mission, as reflected in its name (which translates to 'new ventures' or 'startups' in Persian), is to help new businesses, particularly those in knowledge-based and technology-driven markets and industries. The firm's core services include validating innovative ideas and accelerating the creation of new businesses. Nopayar operates with a realistic approach, maintaining a portfolio that includes reminding closed startups (learning from failures), gardening a smaller number of growing ventures, and planting new ideas. The organization adapts its model to the unique characteristics of Iran's entrepreneurship ecosystem.
2014
8 Companies
1
3X Higher