SITE 2024 NIA Achieves Record Success at MHESI “SCI-POWER FOR FUTURE THAILAND”

(MENAFN- ACN NewsWire) SITE 2024 NIA Achieves Record Success at MHESI “SCI-POWER FOR FUTURE THAILAND”

BANGKOK, August 10, 2024 – (ACN Newswire) – The Ministry of Higher Education, Science, Research and Innovation (MHESI) through the National Innovation Agency (Public Organization) or NIA gathered to announce the recent success of the largest Thai innovation and startup expo in the country, STARTUP x INNOVATION THAILAND EXPO 2024 (SITE 2024). With the theme of “Innovation for Growth and Sustainability”, the expo aimed to accelerate the sustainable development of Thai innovative enterprises and startups in every dimension.

This year, a diverse group of startups and innovators attended the MHESI conference.
showcase the enormous potential of interdisciplinary studies to drive sustainable economic development in Thailand, MHESI. The event attracted 600,000 visitors and generated over 500 million baht.

Dr. Krithpaka Boonfueng, Executive Director of NIA, explained that “SITE 2024, Thailand’s largest startup expo x Innovation Expo in the country, was held for the first time as part of MHESI, which was co-organized by several agencies under the supervision of MHESI, showcasing the diverse potential of science, technology and innovation that can lead Thailand into the future. This made this year’s event more dynamic and lively, with over 600,000 participants and generating revenue exceeding 500 million baht.”

As part of the SITE 2024 conference, NIA organised five events that enjoyed great interest from visitors, including:

– Forums: During seminars and workshops with the participation of outstanding speakers from Poland and abroad, the issues of creating innovative enterprises will be discussed.

– International Hackathon :In collaboration with King Mongkut’s Institute of Technology Ladkrabang and other partners, the hackathons focused on the theme of “Saving the World with AI”.

– Business fit :A total of 22 Business Matching activities connected startups and entrepreneurs in business discussions with investors and large companies, totaling 34 pairs. Seven leading VC/CVC/Corporates participated, including Beacon Venture Capital, Bangchak Initiative and Innovation Center, Y&Archer, True Incube, InnoSpace (Thailand), AIS The Startup and ALLY Global Management.

– Market: Presentation of innovative products of over 300 startups and innovative enterprises.

–
Thailand Startup League 2024:
The National Championship round saw the participation of 14 teams. The winning team was “MedStream Innovations” from King Mongkut’s Institute of Technology Ladkrabang, who were recognized for designing and manufacturing organ-on-chip devices tailored to the needs of medical and pharmaceutical researchers. The first runner-up was “Scamtify” from Thammasat University for their platform that allows easy detection of online fraud with a single click. The second runner-up was “DigiPeak” from Mae Fah Luang University for their automated unmanned aerial vehicle system designed for precision farming.

The event also included the presentation of the Prime Minister’s Award 2024, which honors individuals and organizations for their contribution to promoting and supporting the development of the startup ecosystem in the country. A total of 12 awards were given, divided into two categories:

I. National Startups 2024:

–
Startup of the Year: SkillLane
–
Global Tech Startup of the Year: Buzzebee
–
Evangelist of the Year: Mr. Saran Sutantiwong
–
Investor of the Year: CU Enterprise
–
Best Brotherhood of the Year: AIS The Startup, Katalyst, KBank, LiVE Platform
–
Best Contributor to Human Capital Development: Chulalongkorn University

II. Innovations for Sustainable Development

The winners were Siam Commercial Bank, Kasikorn Bank, UOB Bank and Thai Beverage Pcl

In addition, NIA has signed agreements to establish innovation cooperation networks with 13 national and international agencies, including:

– Digital Economy Promotion Agency (DEPA) in Thailand
– National Science and Technology Development Agency (NSTDA)
– Thailand Convention and Exhibition Bureau (TCEB)
– Liveaness Singapore, Pte. Ltd.
– Techsauce Media Co., Ltd.
– IMPACT Muang Thong Thani
– Commonwealth Scientific and Industrial Research Organisation (CSIRO)
– Montgomery County, Maryland
– Federation of Thai Industries (FTI)
– Kasetsart University
– China Academy of Environmental Science Research (CRAES)
– Small and Medium Enterprises Development Bank of Thailand (SME Bank)

The aim of this cooperation is to strengthen the Thai innovation ecosystem in various dimensions and create opportunities for expanding the international market for startups and innovative entrepreneurs.

Those interested in obtaining further information are welcome to register on the website
and like us on Facebook @NIA: National Innovation Agency, Thailand.

Please contact me:

Dujrapee Chaovanapricha
National Innovation Agency (NIA)
E-mail:
…

Source: National Innovation Agency (NIA)

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