Masterfoodeh, along with Golrang Ventures, participated in the Food Industry Technology Exchange Event at the Presidential Innovation and Prosperity Fund . The event was held on Tuesday, June 29, 2023, at the Presidential Innovation and Prosperity Fund, with the broad participation of knowledge-based companies in the food industry from all over the country and powerful players in the industry such as Zar Group , Pegah , Mihan , Baraka , Se Nan and Masterfoodeh.
Presentation of Masterfoodeh and conclusion of a memorandum of understanding
At this event, leading companies in the food industry presented their technological needs to 58 knowledge-based and technology companies. One of these companies was Masterfood, which presented its technological needs in the field of chewing gum and pastilles. Following the event, this company held discussions in B2B meetings on knowledge and technology exchange solutions with small knowledge-based and technology companies, and memorandums of understanding were signed between them to continue the path.
The technological needs expressed by Dr. Ali Akbar Hemmati Nejad, Director of the Research and Development Unit of Masterfood Food Industries Company, included increasing the stability of natural colors in the shelf life of pastel products and masking undesirable aftertastes due to the addition of vitamins, minerals and energy-generating substances in chewing gum products. Another part of the event was an exhibition of products and achievements of technology companies and food industry companies, in which Masterfood, in addition to presenting its products, also engaged in networking with other large and small companies in the industry. In addition to Masterfood, two companies, Pajohesh Gostaran Teghziye Asan and Mayazist Farayand from Golrang Industrial Group , were also present at the exhibition of this event.
Organizing and cooperating to participate in innovation events held domestically and internationally; is one of the activities of Golrang Ventures for the subsidiaries of Golrang Industrial Group. In some cases, companies have technological needs and issues that they prefer a mature company to provide solutions for. In this situation, based on the preference of that company, with the venture capital model and receiving shares, purchasing the product/service, merging and acquiring that solution, a connection is established between the requesting company and the relevant team during such programs.
Golrang Ventures, as the venture capital arm of Golrang Industrial Group, is trying to create different paths to create a communication network between the group’s companies and the entrepreneurship and innovation ecosystem inside and outside the country.
