The Thai government is investing in Thailand’s digital future with the launch of the new DEPA Digital Startup Fund. Up to 1 million baht in early-stage funding will be available for 15 startup projects tackling key sectors like healthcare, education, agriculture and smart cities.
Known as the “D-startup” project, the newly established “angel fund” will provide crucial funding for Thai startups less than 3 years old. Eligible founders can submit proposals on the DEPA website through June 30th for a chance to gain support and funding.
DEPA has a successful track record of assisting over 160 startups generating over 15 billion baht in revenue. The new fund aims to empower more digital entrepreneurs as they develop innovative solutions.
Prime Minister Prayut Chan-o-cha understands the vital role startups play in advancing Thailand’s competitiveness through technology and new ideas. His government is dedicated to cultivating the nation’s burgeoning startup ecosystem and fueling its digital transformation.