Persol Startup Factory
Startups for the agricultural & mining industry wanted!
Startups for the agricultural & mining industry wanted!
Persol Corporation is ranked among top 50 trading companies of Iran. Headquartered in Tehran and with offices in Moscow, Shanghai and Hongkong, it has access to Iranian, Russian and Chinese markets and wants to partner up with you in order to open new business opportunities. Thanks to its lean structures, Persol is fast and transparent in making decisions and flexible to find the best cooperation form with you (from reselling and revenue sharing models to an equity investment and establishing new joint-ventures). Benefit from the know-how, resources, and network of this strong partner and grow your business.
Iran
Scale up your business and expand with a strong partner to new high potential markets. Startups with the most promising offer will have the chance to join the Persol Startup Factory.
The application is closed
PERSOL is a renowned Iranian trading and manufacturing company, founded by Dr. Pedram Soltani in 1996, who is also first vice president of Iran Chamber of Commerce, Industries, Mines and Agriculture. With subsidiaries in Russia and China, Persol is active in international trading, processing & logistics of minerals, oil & gas derivatives, food trade and professionally supplies petrochemicals, chemicals, cellulosic products & paper, fresh fruits and vegetables.
Improving the quality of its trading practices and work processes in the last 21 years, PERSOL has had so far the following achievements:
The solutions Persol is seeking are scalable services or products which are already in the market and can be scaled up by our existing international network or new technologies that allow Persol to contribute to the digitalization of traditional processes of mining & agriculture. The cooperation model will be discussed case by case and it could differ from reselling and revenue sharing models to an equity investment and establishing new joint-ventures.
We are looking for startups with smart ideas and high-spirit teams to bring them into the heart of high-potential markets.
“It doesn’t take too long to get to the far destinations, only if you choose the right vehicle. Persol claims to be the right vehicle to take you straight into the heart of an untapped market, to Iran. Having a widespread network, both inside and outside Iran and being recognized as a well-reputed, transparent and pro-innovation company, Persol has decided to expand its territory of collaborations and investments on innovation and creativity to other territories. We are navigating on a blue ocean but this ship has more capacities for startups to co-navigate with us the potentials of Iran market. Join us in this journey!”
– Dr. Pedram Soltani, Chairman
“At Persol, we want to drive the market. We don’t want to be driven by it. We have been changing the market, changing processes, changing the consumers’ expectations and many things else but there are a few things we will not change. Our passion for growth and development. Our commitment to our customers and our concern for the planet. Now and for decades to come.”
– Dr. Parva Soltani, CEO
First application deadline:
14 Apr. 2018
Final: 30 Apr 2018
Remote pitches:
31 May 2018
Innovation camp:
25-26 July 2018
Proof-of-Concept phase:
August-October 2018
Demo day:
04 Oct. 2018
Successful launch
or cooperation
Scale up your business and expand with a strong partner to new high potential markets. Startups with the most promising offer will have the chance to join the Persol Startup Factory.
The application is closed
No. The whole process will be in English.
No. We are equally interested in Startups working on technologies, solutions or services that could be used for agriculture and mining but have not yet provided an application in this field.
Its mandatory to attend the Demo Day at the end of the program (if you are among the selected startups) and we highly recommend to be there for the Innovation camp (2 days) in order to meet the Persol team and discuss the opportunities in person. Depending on the product/service, Teams can join the innovation camp also via Skype.
It’s a 2 days workshop, where startups, as well as Persol experts and top management, will meet to:
Yes. The following is covered:
No, all applications will be screened and evaluated individually.
A jury consisting of the Managing Director and members of top management of Persol Corporation.
We will do our best to inform all applicants whether or not they will be admitted as soon as possible during the multi-stage selection process – and at the latest one month before the Innovation camp (until 21.05.2018).