According to the information center of national elites foundation, Sorena Sattari, the
vice president for science and technology affairs, pointed out the initiation
of evaluation and holding of the Mustafa Prize since two years ago by the
contribution of the private sector on the annual meeting of investment fund of
the Mustafa Prize, which was held in the building of the Vice-Presidency for
science and technology affairs, stating: since two years ago, it is decided to
hold the prize without the help of the government. Fortunately, financial
supply of the event has been carried out without the help of the government.

He added: all of the success of the fund has been achieved
without extensive advertisement and use of the help of government, and the
event has been significantly welcomed by Islamic countries.

A Recognized Prize for Introduction of
Scholars and Technologists of the Islamic World

According to Sattari, the Mustafa prize is held for
scientific pioneers of the Islamic world and Iran in order to promote the
culture of donation.

He also asserted: the Mustafa Prize will be held for a long
time and its positive impacts on the country and science and technology field
will soon be unveiled.

The vice president for science and technology affairs
expressed his hope about the culture of donation in the area of science and
technology of the country and stated that venture capitals will be
significantly increased.

During the meeting, a general report was presented on the
financial situation of venture capitals and donations of Mustafa Prize.
According to this report, the fund has increased from 60 billion IRR to 220
billion IRR, which will increase by the support of these companies.

Moreover, cooperation agreements were signed between seven
companies and investment fund of the Mustafa Prize, where the companies
accepted the financial supply of a share of financial sources of the fund.