In addition to identifying and strengthening the selected team which will be Iran’s representative in the International Nano Olympiad, the main goal of NanoStartup program is to create an experimental platform for increasing capabilities associated with launching startups in the area of nanotechnology. Discovering customers’ real needs, as well as having thorough knowledge technology commercialization principles together with avoiding waste of resources leads to the appropriate orientation of the process of technologies development. This program is a response to technologists seeking a suitable opportunity to develop a practical technology. Empowering componentes In NanoStartup, attempts are made to improve Hi-tech entrepreneurship capabilities, to perceive facts of business environment , and idea’s growth through a two-month competition. Triple empowerment components in NanoStartup program include: Education and Innovators Community, through a competitive atmosphere. Education The founders’ main weakness is a misunderstanding about initial principles of business launching which often leads to wrong actions. The focus in NanoStartup is on develope the authentic content required by Hi-Tech startups in early stage.. Education focuses mainly on two main concepts of ” technology development based-on demand” and ” basics of technology export”. Innovators Community Education is vital for learning about entrepreneurship but is not enough. Empowerment and learning entrepreneurial capabilities occur on experience platform and accompanying experts and individuals related to this area. Innovators community is a network in which program participants make benefit from different people experiences and guidance through communication. Challenge/Competition Innovators community and education can be used provided that participants have a specific goals. Therefore, NanoStartup includes a process in which teams compete with each other in a competitive atmosphere.