Srettha urges support for startups with new ministry initiatives

MONDAY, JULY 29, 2024

The prime minister instructs the Higher Education and Digital Economy ministries to support startups through special measures and ecosystem development

Prime Minister Srettha Thavisin has directed the Higher Education, Science, Research and Innovation Ministry, along with the Digital Economy and Society Ministry to boost support for startup firms through special measures and ecosystem development.

This initiative aims to enhance the business environment for startups, a government spokesman said on Monday.

Spokesperson Chai Wacharonke said both ministries have responded to this instruction by holding several activities recently.

For instance, he said, the Higher Education, Science, Research and Innovation Ministry held the Startup X Innovation Thailand EXPO 2024 (SITE 2024) at Bangkok’s Queen Sirikit National Convention Centre all of last week to educate startup owners on business expansion.

Srettha urges support for startups with new ministry initiatives

The fair also gave participants opportunities to connect with potential business partners and learn from successful enterprises.

Similarly, the Digital Economy Promotion Agency (DEPA) under the DES Ministry held the DIGINEXT by SEED Thailand event in Chonburi on July 17 to support digital startups.

DEPA plans to hold four more DIGINEXT events in Phuket, Nakhon Ratchasima, Chiang Mai and Bangkok in the coming months to further promote and support digital startup development.