Abstract: Faculty members in agricultural colleges and research centers in the Mazandaran Province were surveyed in order to explore their perception about the challenges influencing the commercialization of the data was analyzed by using ordinal factor analysis technique. Based on the perception of the respondents and ordinal factor analysis, factors were categorized into eight challenges namely, infrastructural, production, business, management, economic, technical, social/cultural and research challenges nanotechnology in agricultural sector in Iran. The challenges were then ordered by the magnitude of their impact.