INOTEX 2025 Panel: Tap30 VP Calls for Overhaul of Traditional Mindsets Toward Emerging Industries

At INOTEX 2025, the specialized panel “Ecosystem Pulse in the Stock Market” featured Hessam Jafari, Vice-Chairman of Yektanet, and Morteza Musikhani, Vice-Chairman of Tap30 from the Golrang Industrial Group.

Musikhani emphasized that some executives still hold traditional views toward emerging industries, a perspective he believes must be completely transformed.

Referring to Tap30’s recent initial public offering (IPO), he noted: “The company has achieved significant growth over the past year through targeted management. However, the Securities and Exchange Organization needs to revise its approach to startups, as their nature differs fundamentally from traditional businesses. Proper infrastructure and structures should be established to accelerate startup growth.”

He also highlighted challenges related to Tap30’s entry into the over-the-counter market (Farabourse) and valuation of intellectual property in tech companies, noting: “Unfortunately, there is no comprehensive understanding of digital industries and modern technologies in our country. When regulations and infrastructure lag behind global developments, executives fail to recognize the true value of companies in specialized sectors such as technology and renewable energy.”

Musikhani stressed that changing this traditional mindset is a key responsibility of the Vice-Presidency for Science and Technology, which serves as the bridge between government and startups. He added: “Redefining the value of tech companies is crucial. Their intellectual capital is unique, and a shift in government perspective not only retains skilled human resources but also fosters innovative businesses.”

Addressing current obstacles, he said: “The restrictive and obstructive mindset of some officials toward startups and knowledge-based companies is counterproductive and harms the national economy. Laws must be designed to facilitate growth, not create barriers.”

He concluded by emphasizing regional technology alignment and the role of large industrial companies: “The advancement of the country depends on keeping pace with current regional technologies, not relying on past achievements. Industrial players in the tech sector require special incentives. The value of startups extends beyond the stock market—it directly contributes to the welfare of Iranian society and families.”