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Innovation and Technology

The National and Science Technology Development Agency (NSTDA) plays a major role in strengthening
Thailand’s competitiveness through the technology implementation and innovation. The supports are provided
through Technology Management Center (TMC).

Technology and Innovation Implementation Programs.
These consist of programs to provide MSMEs with an access to technical experts, testing labs, government
and university research projects; to incentivize businesses to perform R&D; as well as to connect enterprises
to NSTDA research centers. These programs include Innovation and Technology Assistance Program (ITAP),
NSTDA Testing Labs, Technology Licensing Office (TLO), Research Gap Fund Program (RGF) and Company
Directed Technology Development Program (CD). In addition, events such as Thailand Tech Show event and
NSTDA Investors’ Day are organized regularly, serving as a platform to promote R&D collaboration, investment,
technology transfer and networking.

Business and Entrepreneurial Acceleration Programs.
There are a number of programs dedicated to promote entrepreneurship in technology businesses, as well as
to grow businesses and expand their markets through the use of technology. The support ranges from ideation,
incubation and acceleration to joint investment under the following programs or schemes: Business Incubation
Center, NSTDA Investment Center and Startup Voucher.

Research and Development Investment Promotion Measures.
To encourage business to perform R&D, the Thai Government has issued measures such as corporate income tax
privileges, low interest rate loan and government procurement programs.

 

Source: National Science and Technology Development Agency