General

The Prime Minister appreciates the project “DIPROM Startup Connect”

Bangkok, May 4 – A government spokesman reveals that the Prime Minister appreciates the continued cooperation of the “DIPROM Startup Connect” project. ready to promote startups, elevate the industry with innovation and technology create economic value of over 300 million baht

Mr. Anucha Burapachaisri Deputy Secretary-General to the Prime Minister for Political Affairs Acting as a spokesman for the Prime Minister's Office revealed that General Prayut Chan-o-cha, Prime Minister and Minister of Defense Acknowledged the results of the project "DIPROM Startup Connect" (DIPROM Startup Connect), which has been organized for the 4th consecutive year, with 25 Thai entrepreneurs and 7 large private sectors providing support. interested in joining to build business alliances Promote and develop products to meet the needs of the market. especially in innovation and technology which is expected to create an economic value of over 300 million baht

A spokesman for the Prime Minister's Office said that in the past, the Department of Industrial Promotion Ministry of Industry has prepared various projects and activities To promote industrial entrepreneurs, small and medium enterprises (SMEs) and community enterprises (Micro Enterprises). Most recently, DIPROM Startup Connect has been launched for the fourth consecutive year. There were participants from 25 Thai entrepreneurs and 7 large private companies, namely CPF (Thailand) Public Company Limited, PTT Public Company Limited, Thaicom Public Company Limited. ), Innobic (Asia) Co., Ltd., Max Ventures Co., Ltd., Bangkok Industrial Gas Co., Ltd. and Honda Trading Asia Co., Ltd. for entrepreneurs to work with private sector partners. as well as being a platform for Thai entrepreneurs to showcase innovation and technology through products or services that are more in line with market demands. This will be an important opportunity to access quality funding sources (Corporate venture capital (CVC)) and promote joint market expansion in the future.

For the year 2023, the main target group of the project is Deep Tech or general technologies that support economic, social and environmental development such as agriculture and biotechnology industries. Biofuels and Biochemistry Comprehensive medicine, biomaterials and energy with a focus on joint innovation (Co-Creation) for entrepreneurs to try innovation or solutions in the real market (Proof of Concept: POC), which is expected to generate economic value of more than 300 million baht, which is in line with the results of the continuous development of the project in 2022 that has 17 Thai entrepreneurs from Proposing a business model to the private sector This led to business matching negotiations, joint investment of more than 176 million baht, and expanding the customer base and creating joint innovations of more than 76.5 million baht.

“The Prime Minister appreciates the work of relevant agencies in promoting and pushing the Thai industrial sector towards continuous development. Especially the SMEs business sector is considered an important force in driving the country's economy. The said project is another way to help Thai entrepreneurs to access government care. and linking to the large business sector help expand market opportunities ready to lead the entire industrial sector to grow together can increase the income of the country Including distributing income to people in all business groups comprehensively, ”said Mr. Anucha.-Thai News Agency

Source: Thai News Agency