Ehsan Chitsaz, a senior policy advisor in information and communication technology, praised MSC’s role in de-risking industrial innovation during his keynote address:
“Research is inherently risk-prone, while heavy industry is traditionally risk-averse. Mobarakeh Steel, through the MSTID Fund, has successfully created an ‘incentive architecture’ that bridges this gap, allowing the innovation ecosystem to focus on high-tech drivers like AI to solve real-world industrial challenges.”

MSC’s approach goes beyond traditional sponsorship. The company has developed a comprehensive “Industry-University Maturity System” that utilizes 15 specialized tools to foster startups from their earliest stages. Shahram Abbasi, CEO of the MSTID Fund, detailed the company’s open innovation strategy:
“We have established over 10,000 square meters of innovation infrastructure across leading universities. By aligning academic research with macro trends such as the circular economy, digital transformation, and high-value product manufacturing, we have supported nearly 2,000 students in tailoring their research—particularly in AI—toward viable industrial applications.”

This strategic pipeline aims to transform academic research into mature, investment-ready businesses. By providing technology grants and specialized mentorship, Mobarakeh Steel ensures a steady flow of “Industry 4.0” solutions that enhance operational efficiency and maintain the company’s competitive edge in the global market.