In the event, Mr. Mojtaba Hamidian, the CEO of Central Iron Ore company stated that opening the Innovation center provides individuals working in related fields with the opportunities to bring their plans and ideas to the company's innovation center at Yazd University for evaluation and assessment.

He added: “After reviewing the plans and ideas, the company arrives at cooperation agreements among the parties and provides support to allocate the necessary investment funds for the plans to put into action. 

Hamidian also stated that they aim to increase the quantity and promote the quality of products designed by knowledge-based companies and benefit from innovative plans in the path of industrial development.