New policies of the Scientific Vice Presidency to complete the idea-to-wealth chain

The Vice Presidency for Science, Technology and Knowledge-based Economy has unveiled new policies aimed at facilitating the journey of scientific ideas from conception to commercial wealth creation, with emphasis on supporting startups and knowledge-based enterprises throughout their development stages.

• The plan includes establishing new funding mechanisms and financial support instruments tailored to different stages of innovation and entrepreneurship
• Priority will be given to strengthening the connection between research institutions and private sector partners to accelerate technology transfer
• A revised regulatory framework is being implemented to reduce bureaucratic barriers for knowledge-based companies and startups
• Enhanced mentoring and advisory services will be provided to entrepreneurs to guide them through the commercialization process. These policies represent a comprehensive shift toward integrated support systems, moving beyond isolated research funding to create a unified ecosystem that addresses each phase of the value chain from initial concept development through market entry and scaling.

# New Policies of the Vice Presidency for Science to Complete the Idea-to-Wealth Chain