Golrang Innovation and New Technologies Center
Golrang Ventures
Through intra-group synergy and ecosystem collaboration, we guide the identification, empowerment, and investment of innovative teams so that innovation growth becomes the main indicator of the group’s value creation.
vision
The Golrang Industrial Group Innovation and New Technologies Center was established with the aim of creating collaboration and focusing on the development of new businesses. We aim to improve the processes of identifying and evaluating businesses and, in cooperation with the subsidiaries of the Golrang Industrial Group, we bring together innovative companies, technology cores and high-potential businesses. Similarly, we expect that in 1411, more than 50 percent of the total income of the Golrang Industrial Group from value creation will be provided by the activities and investments of this center.
our mission
- With the mission of creating an innovative and synergistic ecosystem, Golrang Ventures identifies, invests in, and empowers startups and technology cores with high growth potential, so that it can play an effective role in transforming traditional structures, facilitating the entry of innovation into the Golrang Industrial Group, and creating sustainable value in the development of new businesses.
- By utilizing new financing and venture capital tools, and focusing on the country’s young and creative generation, we are seeking to build a diverse portfolio of innovative businesses; with the goal of achieving a 50 percent share of Golrang Industrial Group’s revenue from innovation and aligning activities with the vision of entering the list of the world’s top 500 companies.
Golrang ventures goals
Developing an innovation ecosystem within the Golrang Industrial Group
- Developing innovative products, markets, and business models in line with 1411
- Promoting a culture of innovation and monitoring organizational innovation maturity
- Enabling internal innovation at the level of all associates
Interaction with the innovation ecosystem outside of Golrang Industrial Group
- Open Innovation Leadership and Implementation
- Development of technology cores and startup teams
- Cooperation with the Innovation Fund, the Scientific Vice-Chancellor’s Office, and other influential institutions
- Interaction with universities, parks, growth centers and accelerators
- Preparing teams to present and attract international capital
Innovation investments in knowledge-based companies and establishing a leading position in innovative financing
- Inbound flow management, due diligence, valuation and negotiation
- Introducing Opportunities to Investment Arms: Accelerator | Corporate Innovation Structures | Golrang Ventures VC Fund | CVC Fund (Golrang Ventures Fund)
- Monitoring the life cycle of investments (creative, M&A, VC)
- Crowdfunding for innovative small and medium-sized enterprises
Our values
