Gyeonggawon Supports Startup Expansion into Thailand... Agreement with National Innovation Agency (NIA)

The Gyeonggi-do Economic Science Promotion Agency is set to support Gyeonggi-do startups in entering the Thai market.

On the 2nd, the agency announced that it signed a memorandum of understanding (MOU) with the Thailand National Innovation Agency (NIA), a Thai small and medium enterprise promotion organization, to foster and develop startups.

According to the agreement, the agency will collaborate in various areas including ▲developing a pool of talented personnel to support startups ▲investment and venture capital management ▲introduction of accelerating programs ▲providing related guidelines and expertise to expand the startup ecosystem ▲establishing a public-private network system for startup development.

On the 2nd, the Gyeonggi-do Economic Science Promotion Agency signed a business agreement with the National Innovation Agency (NIA) of Thailand to foster and develop startups.

Furthermore, the agency plans to carry out various support activities such as attracting investment, linking with venture capital, and providing accelerator programs to accelerate innovation among local startups and support their global expansion.

On the same day, the two organizations also discussed the successful establishment of Pangyo Techno Valley and explored cooperative projects to promote innovative growth of startups.

The Thailand National Innovation Agency (NIA), under the Ministry of Higher Education, Science, Research and Innovation, is a state-run organization fostering startups by supporting various fields through innovation education, mentoring, and creating a startup ecosystem.

This content was produced with the assistance of AI translation services.