Thailand, Hong Kong to join hands for startup development

BANGKOK, 24th February 2019 (NNT) – InnoSpace Thailand is set to sign a Memorandum of Understanding (MOU) on startup development with partners from Hong Kong on February 28th, 2019.
The Director-General of the Department of Industrial Promotion (DIP), Kobchai Sungsitthisawad, said the collaboration between InnoSpace Thailand, a public-private joint venture established to support Thai startup businesses, and Hong Kong partners, namely HKTDC, HPA, and HK Cybersport, will help startup companies in Thailand gain better support thanks to wider expertise.
The signing ceremony will be witnessed by Thailand’s Deputy Prime Minister, Dr. Somkid Jatusripitak, and the Chief Executive of Hong Kong, Carrie Lam.
InnoSpace Thailand is an organisation focused on the promotion of commercial Deep Technology (Deep Tech) in startup businesses and ecosystems development. It has partnerships with domestic and international government agencies and private firms on business incubation, knowledge base, and investment.
The joint venture is the only organization in Thailand focusing on Deep Tech startup promotion, instead of Fintech and mobile application development promotion programs widely available.
With the new partnership, InnoSpace Thailand now expects to serve no less than 50 startup companies this year.
Information and Source
Reporter : Praphorn Praphornkul
Rewriter : Tarin Angskul
National News Bureau : http://thainews.prd.go.th