NIA Partners with 4 Industries to Host ‘SITE 2023’, Bringing New Economic Warriors Together and Propelling Thailand to an Innovation-Centric Future June 22-24

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BANGKOK, June 19, 2023 /PRNewswire/ — The National Innovation Agency, Thailand (Public Organization) or NIA announced the organization of “STARTUP x INNOVATION THAILAND EXPO 2023” (SITE 2023), the largest event in Thailand network for innovation and startups in the country that operates under the concept of INNOVATION PARTNERSHIP – TOGETHER WE GROW, with the aim of promoting “Innovation Partnerships” to lead Thailand towards an innovation-driven future, combining the strength of 4 sectors of the country to boost startups and innovative businesses. This veritable gathering of new economic warriors will take place at the Queen Sirikit National Convention Center from 22nd to 24th June 2023, free of charge. Registration on the website/nia.or.th.

Dr. Pun-Arj Chairatana, Executive Director, National Innovation Agency, Thailand (public organization)

Dr. Pun-Arj Chairatana, Executive Director of National Innovation Agency, Thailand (Public Organization) or NIA, said that since 2020, NIA has merged 2 major national events, STARTUP THAILAND and INNOVATION THAILAND EXPO. This was a significant move to bring together leading Thai startups and innovators to create a virtual world for innovation, the first of its kind in the country. This initiative aimed to drive transformation, help the country emerge from the COVID-19 crisis and change the paradigm in creating innovations to cope with crises.

In 2021, the Startup x Innovation Thailand Expo (SITE) focused on promoting, developing and creating growth opportunities in Deep Tech, strongly believing that Deep Tech would be a crucial weapon to further innovate and drive technology, pushing Thailand to compete with the world’s leading countries.

Even though the COVID-19 situation started to ease in 2022, there was still no full confidence in the recovery. SITE has started making connections, connecting innovators from Thailand and around the world, once again fostering interactions to prepare for post-COVID reopening.

“Since the SITE 2022 event, we have witnessed the continued and diverse growth of Thailand’s innovation potential. The success of SITE 2022 has helped boost Thailand’s ecosystem, becoming more and more suitable for investment in innovation. We have noticed that almost all organizations are increasingly engaging in deep tech business, and Bangkok has transformed into a city that attracts foreigners to set up businesses, becoming the world’s second most popular destination for digital nomads,” added Dr. Pun-Arj.

Also important is the awakening of universities with incubation units and the establishment of funds to promote startups. There has been a push for more laws and regulations that make it easier to run startup businesses, and startup investment remains consistently buoyant.

In the past, there has been a push for government procurement resulting in improved public services. Both independent investors and large companies are investing in startups to attract international investment. Finally, there has been a push to promote the enactment of a law to promote startups.

“Under the uncertainty, one change we want to see in Thai society is the development of an ‘Innovation Mindset’. This represents an open attitude to innovation, ready to welcome challenges and changes, and seek new opportunities and partnerships to create solutions through the innovation.

Additionally, accelerating transformation to expand the use and impact of innovation is crucial. This mentality must be cultivated and instilled in organizations and personnel, in the government, private, civil society and public sectors. The goal is for Thai society to become a community that is open to innovation and ready for future changes, eventually working together to make a difference in the world,” said Dr. Pun-Arj.

Thus, this year’s SITE is a return to the full-fledged event format, marking the return of the largest technology conference in Southeast Asia and the largest innovation event of the year. It brings together a mix of new entrepreneurs from the older and younger generations, innovation gurus from around the world, innovators, investors and public and private sectors under the concept of “INNOVATION PARTNERSHIP – TOGETHER WE GROW”. The goal is to create an “Innovation Partnership” to lead Thailand towards an innovative future. It represents a significant collaboration in innovation between 4 sectors: the government, the private sector, the education sector and civil society, to support the growth of innovative startups and enterprises, strengthen the Thai innovation ecosystem and propel Thailand to become an innovation-driven nation.

The event includes 4 main activities:

1) FORUM with over 20 high-level speakers — both Thai and international — during the three-day event. It takes place around 3 main themes: BRIDGING PUBLIC & PRIVATE PARTNERSHIP, ACCELERATING INNOVATION BUSINESS & PARTNERSHIP, and HACKING FOR NEW INVESTMENT & GROWTH MODEL, comprising over 30 interesting seminar topics on a wide range of issues, such as:

“Digital Innovation in the Public Sector – What has made Estonia a leader in digital life” by Siim Sikkut, Former Chief Information Officer, Government of Estonia “Social Innovation: Shaping the Future” by Renaud Meyer, Resident Representative, UNDP ” Creativity and cultural capital as a powerhouse of Thai innovation” “Unlocking the Power of Festivals: Driving Economic Growth and Cultural Engagement” by the Thailand Convention & Exhibition Bureau (TCEB) “Predicting the Impredictable for Resilient Transformation” by Prof. Rene Rohrbeck, Director of the Chair by Foresight, Innovation and Transformation, EDHEC Business School “Keys to Success for Innovative Organizations” “Connecting Government Support Mechanisms for Innovation Capital for Thai Entrepreneurs”

2) BUSINESS OPPORTUNITY: This is an opportunity to meet, exchange knowledge and expand business. It includes an Innovative Product Marketplace of over 250 leading innovative startups and businesses, along with a PITCHING event where over 50 innovative startups and businesses will present their business plans. There is an INTERNATIONAL ZONE with over 10 agencies from 5 countries, BUSINESS MATCHING and NETWORKING events to build business networks.

3) EXHIBITION: An exhibition of innovation that can create change for the future, e

4) AWARD: A prestigious awards ceremony to honor those who have contributed to promoting and supporting the development of the country’s start-up and SME ecosystems and to strengthen the entrepreneurial potential of start-ups and SMEs to enter the international market, together to awards for innovations that address crises for sustainable development.

During the press conference, a debate was held with 4 partner agencies from the public and private sectors and associations. Areepan Charoensuk, deputy secretary-general of the Office of the Public Sector Development Commission (OPDC), said, “OPDC has gathered innovations from 11 government agencies to present at the SITE 2023 event, including interesting discussion sessions such as ” Better Data, Better Decision’ which illustrate how data can currently transform public sector operations and impact the private sector as well.”

Worakan Kosolpisitkul, director of the department for improving competitiveness at the Office of the Board of Investment (BOI), said: “The key role of the BOI is to promote investment. We have implemented measures to specifically promote startups in the Scope of Targeted Industries Enhancement Law We want the startup ecosystem to be strong so that it can lay the foundation of our future economy and be a pillar in developing Thailand’s sustainable economy through innovation.At SITE 2023 event , we will provide a learning space where startups or entrepreneurs can come and seek advice and advice.”

Supachai Sachaphibulkij, a member of the Thailand Chamber of Commerce’s Research and Innovation Promotion Committee, said, “The Thailand Chamber of Commerce has the key mission of promoting entrepreneurs in cooperation with various agencies. We uphold the principle of CCS, ie Connect, Competitive and Sustainable. For the SITE 2023 event, the Chamber of Commerce participated in the promotion of entrepreneurs born from agency collaborations as seedlings for incubation. There are also groups of SMEs who have transformed and adapted their mentality towards startup mode. They will set up booths at SITE2023 to showcase their products”.

Furthermore, Praphasiri Atthachin, Head of Ecosystem at Krungsri Finnovate, said, “We believe that startups and innovations will be a significant driving force to push Thailand’s economy towards 4.0. At Krungsri Finnovate, we have a mission to promote the ecosystem of startups in Thailand and the territory. In addition to financial support, another aspect is the partnership, which is fundamental for the growth of startups”.

In addition, the Startup Universe 2023 Update will be introduced to demonstrate the opportunities and strength of Thailand’s startup ecosystem. The SITE 2023 event is ready to welcome everyone again. The NIA would like to invite those interested in innovation, government personnel, private sector entrepreneurs, large organisations, SMEs, startups, educational institution personnel, investor groups and investment companies to participate in STARTUP THAILAND x INNOVATION THAILAND 2023, from 22nd June to 24th at Queen Sirikit National Convention Center, free of charge. Registration can be done at site/nia.or.th.

SOURCE The National Innovation Agency (NIA), Thailand

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