A group of local tech start-ups has joined hands to set up the Thailand Tech Start-up Association, which is aimed at building and supporting a sustainable community of start-up operators.
The association’s main objectives are to unite the community; drive the industry through collaboration with all stakeholders, including entrepreneurs, investors and the government sector; and accelerate Thai start-ups in respect of meeting the international standard.
The association has initially been established by 10 tech-related start-ups: Quan, Atezia, Builk Asia, Hubba Thailand, Computerlogy, Cheese Factory, Startup Factory, UX Academy, Storylog and Bizmeth Link Asia.
Patai Padungtin, president of the Thailand Tech Start-up Association, said tech start-ups were now an influence in the creative economy, and such a development could help drive the country towards greater global competitiveness.
Tech start-ups come along with innovative business models that can help entrepreneurs differentiate their products and services and gain access to a larger market, both regionally and globally, he said.
“The Thai tech start-up sector is now growing rapidly and showing that it can distinguish itself in the region. The association is aimed at gathering all of us to empower, to learn, to share and exchange the lessons learned, to brainstorm, and to help each other to achieve our goals.
“The association has also been formed to be the linkage between the tech start-up community and other stakeholders in the entire ecosystem. It is aimed at driving the leapfrogging growth of the industry, to bring Thai tech start-ups to the forefront of the tech industry in the region – and even on the global stage,” said Patai.
The association’s priority is to build a community database and a platform to encourage tech start-ups to coordinate in order to initiate, create and develop new projects together, with a view to strengthening the overall tech start-up community.
Moreover, apart from playing a role as the centre for tech start-ups in Thailand, the association will also provide the linkage between start-up members and the industry as the whole when it comes to dealings with such people and bodies as investors, mentors, businesses, media and the government sector.
“Initially, we need to do research on the ecosystem of tech start-ups in Thailand, since we would like to be their representative in order to push the proposals forward – at the country, regional and global levels – which will be to the benefit of tech start-ups as a whole,” said the association chief.
Last but not least, the association will play the role of accelerator, aiming to accelerate start-ups to the tech-entrepreneur stage.
Its mission in this regard is to scale up the number of accelerators and incubation centres for tech start-ups, and this includes increasing the number of “angel” investors, and supporting software coding and design schools.