Mrs. Apiradi Tantraporn, Minister of Commerce, presided over the opening of “Smart Startup 2017” on Thursday 16 February 2017 at Royal Paragon Hall 1-3, 5th Floor, Siam Paragon (Office of the Minister, 16 Feb 2017)
Ministry of Commerce officially and grandly hosted the opening ceremony of Smart Startup 2017 joined by SME and Startup entrepreneurs under the concept of “From Pain to Gain: Opportunity to New Business World”. It was the first business stage in Thailand that gathered most SMEs andStartups to enable both groups that are the significant drive to the country’s economy to further expand their businesses and share business knowledge and resources to promote their businesses in all market segments, and elevate businessmen to Thailand 4.0 economic development policy. The event was held on 16-18 February at Royal Paragon Hall, Siam Paragon. Mrs. Apiradi Tantraporn, Minister of Commerce, said that Smart Startup 2017: Opportunity to New Business World corresponds to the government’s policy in terms of integration of public and private sectors in the form of public and private collaboration and also elevates the country under Thailand 4.0 development policy to become “Value - Based Economy” or “economy driven by innovation, creativity and technology”. It is also a part of Creative Thailand program aiming at promoting Thai SMEs to Smart Enterprises 4.0 and supporting growth of Startup which is a form of business created by technological advancement, concept, innovation and creativity and helps transform Traditional SMEs or SMEs to Smart Enterprises. Startup groups having high potential are brought to minimize Pain Point in doing business and support Thai SMEs to grow strongly and sustainably. “Smart Startup 2017” integrates these concepts and operations of all agencies under supervision of the Ministry of Commerce along with alliance agencies including Thailand Tech Startup Association, Thai Venture Capital Association, C ASEAN and Techsauce Media Co., Ltd., and gathers most SMEs and Startup groups for the first time in Thailand. Th event is held under the concept of “From Pain to Gain: Opportunity to New Business World” to help all business operation problems. The objectives of the event are to provide a business stage combining SMEs and Startups, create business partnership and sustainable growth opportunity and encourage SMEs to utilize concepts, innovations, technologies and creativity of Startups to enhance their business potential, create a new form of business, increase competitiveness and strongly and sustainably adjust themselves. It is also a stage where Startups can tap into both domestic and international markets. Both business groups have a chance to meet and share their knowledge and do business matching. The event is divided into 4 zones: 1) New Vision New World which provides knowledge and vision of new business world and presents success of interesting SMEs; 2) Smart Business Solution which is a negotiation venue for business matching and combining Startup Solution with SME Pain-points to becomeSmart Enterprises; 3) Idea Commercialization which is a venue for idea creativity betweenSMEs and Startups for further business idea development. It also consists of booths of Venture Capital and leading Thai banks that enable SMEs to approach source of funds, and also workshops; and 4) New Economy Dialogue 2017 : A Forum for Smart Business Enterprises which is a stage for knowledge and inspiration sharing among both Thai and international businessmen and Startup case studies in CLMV, USA and Japan.