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Thailand’s start-up ecosystem not-so-glorious due to economic challenges

Thailand’s start-up ecosystem not-so-glorious due to economic challenges

13 Sept 07:16 Key points summarised by AI
  • Thailand's start-up sector faces significant hurdles due to global economic challenges, leading to a sharp decline in funding deals and difficulty for early-stage start-ups to attract investment.
  • Bangkok's global start-up ecosystem ranking plummeted 28 places to 99th, with experts attributing this to insufficient international awareness rather than a lack of potential.
  • To revitalize the ecosystem, there's a critical need for increased mentorship, collaboration, and government incentives to attract foreign investors and support early-stage ventures.
  • The "Thailand Accelerator" platform launched to provide vital support, including mentorship and scaling assistance, aiming to reignite the country's start-up growth.
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Economy 1/1
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