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About BDC

Biotechnology Development Council (BDC), as one of the strategic councils, was funded by Vice Presidency for Science and technology in 2008

 

BDC supports both governmental institutes and private companies by consulting and providing necessary resources to develop the share of bioindustry in Iran. Iran has set targets for biotechnology development to 2025, including becoming the regional leader in biotechnology and tenth in the world, and increasing its share of the global biotechnology market to 3 per cent from its present estimated share of less than 0.5 per cent. In 2015, the private sector and the BDC jointly created the Iran Biotech Fund. The fund allocates budgets to the private companies, focusing on the priority areas of biotechnology mostly, mostly in the form of venture capital.