NIA’S MENTORS TO COACH STARTUPS AT 4TH YEAR STARTUP THAILAND LEAGUE

31 July 2020 Startups

NIA, in collaboration with over 40 academic institutes, has been now at the 4th anniversary Startup Thailand League promoting startups, Pariwat Wongsamran, Director of Entrepreneur and Enterprise, Director of Startup Thailand at National Innovation Agency (Public Organization), speaking at Startup Thailand League Talk Ep1 on “Start Up learning”.

For the fourth year event, activities will be more suitable for newly grad students who have no job during the Covid-19 as they will have an opportunity to learn being an entrepreneur using technology and innovation driving the economy of the country and competitiveness of the country, besides working as professionals in large corporations.

“We have built more than 35 universities network training business courses and technology management, entrepreneurship spiritualization through financial support of one million baht per one institute to more than 30,000 trained students for consecutive three years.”

Students from different faculties have a chance to exchange knowledge with interdisciplinary for creating new products and service via the university contests of over 500 teams a year. Top teams of each institutes were selected to join the national boot camp and pitching.

The selected teams will be given 1.5 million baht for initial business operating and 3-5 million baht for scaling-up business by the Technology and Innovation-Based Enterprise Development Fund (TED Fund) and capital from venture capitals such as Government Saving Bank (GSB) and NIA’s VC partners who are interested in agtech, fintech and foodtech.

A specialty for this year is that NIA has certified more than 40 incubators to be mentor for the selected teams helping them have business opportunity, covering business registration, accounting, human resources and more.

The criteria based on their market, target customers, solving pain points of users.

Thanakrita Charoenpanich, GSB deputy director for SMEs Startup marketing, as NIA’s partner for three years said GSB has the same goal as NIA for promoting new entrepreneurs through the network or 80 universities and supporting the founding of innovation hub as co-working space in over 40 universities. 

Those who passed the pitching sessions mostly are fascinated by what they created, leading them to have smart idea and setting up a company.

The Covid-19 will be more accelerating a use of marketing and manufacturing process technology and startups will become more important driving the economy of the country.

Pariwat added that the online activities to be held this year is in accordance with the social distancing practice. The Startup Thailand League Talk this year will encompass 6 episodes covering knowledge for startups. 

Ep2 “Pace Without Fear” by Rachwut Pichayapant, Founder of Fixzy, application for home maintenance workers, to talk about his determination to prove the business model.

Ep3 “Strategy and Tools” by Natnarin Niempradit, Honorary Advisor at Thai Association Small and Medium Entrepreneurs will suggest tools to turn ideas into business plan.

Ep4 “Financial Sources and Marketing” by Natthanuch Anantapanpong, Managing Partner at To Exit Co., Ltd and Natthaporn Suchartkulwit will talk about a search for customers and capital fund for startups.

Ep5 Pongsatorn Thanabodipatra, Refinn COO and Co-Founder will about the tips of “How to get paid for speaking” to win people’s hearts with communication, persuading customers, partners and investors.

Ep6 “How to survive the business” by QueQ CEO Rungsan Promprasit who tackled with crisis and expanded his business overseas.