The Prime Minister pins the development of Thai startups to expand business opportunities.

Politics

Government House, The Prime Minister pinpoints the development of Thai startups, supports the organization of the STARTUP x INNOVATION THAILAND EXPO 2024: SITE 2024 event, and seeks ways to establish a fund to support Thai digital startups, aiming to strengthen the startup ecosystem and expand business opportunities for Thai startup entrepreneurs. Mr. Chai Wachirong, spokesman of the Prime Minister's Office, revealed that Mr. Settha Thavisin, Prime Minister, places importance on driving the country's digital economy and society, which is in line with the vision that believes that startups will be a group that plays an important role in economic development, and supports the creation of economic opportunities for Thai startup entrepreneurs to enter the international market. The Ministry of Higher Education, Science, Research and Innovation and the Ministry of Digital Economy and Society support the policy of developing business potential for startups by upgrading innovation, increasing digital capabilities, creating a network of startup entrepreneurs, and facilitating an environment conducive to the development of the startup ecosystem. The Prime Minister's Office Spokesperson said that the Ministry of Higher Education, Science, Research and Innovation is upgrading innovation and Thai startup networks through the organization of the 2024 Thai Startup Innovation and Network Expo (STARTUP x INNOVATION THAILAND EXPO 2024: SITE 2024), which is held annually. This event will support and facilitate the creation of a strong startup and innovation ecosystem, enhance the business potential of Thai startups to enter the international market, and expand the network and upgrade Thai startups and innovative entrepreneurs to have opportunities for sustainable growth through activities such as knowledge exchange from leading Thai startups and innovators and expert speakers from abroad, a market gathering innovative products from startups and innovative entrepreneurs, and business matching negotiations for startups and innovat ive business entrepreneurs. In addition, the Ministry of Digital Economy and Society, Digital Economy Promotion Agency or depa, has implemented the DIGINEXT by SEED Thailand project to promote Thai digital startups and promote the establishment of digital promotion zones in target areas, solving the problem of digital startup shortages in each area, increasing incentives for new digital startups, and helping existing digital startups continue their businesses. The DIGINEXT by SEED Thailand project is organized in 5 regions nationwide: the East, the South, the North, the Northeast, and the Central regions. 'The Prime Minister is pushing for cooperation and work from relevant agencies to promote potential and create networks for Thai startup entrepreneurs. He believes that every activity and project organized will play an important role in strengthening, creating ripples and excitement for Thai entrepreneurs. The Prime Minister believes that promoting startup groups, including Thai digital startups, will help motivate new startups and strengthen existing startups in the startup ecosystem, promoting Thai startups to be on par with global startups,' said Mr. Chai. Source: Thai News Agency