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June 9, 2024
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NIA and AsiaBerlin Unite for AI Innovation and Investment Boost

TLDR:

  • NIA and AsiaBerlin have partnered to boost AI innovation and investment.
  • The partnership aims to help Thai startups enter the European market with a focus on AI.

The Ministry of Higher Education, Science, Research, and Innovation, through the National Innovation Agency (NIA), has signed a memorandum of understanding with Asia Berlin Forum e.V. (ABF) to enhance innovation networks, facilitate business matching, and explore investment opportunities. The partnership between NIA and AsiaBerlin aims to strengthen the startup ecosystems of Thailand and Germany, particularly in the field of artificial intelligence (AI). This collaboration will provide platforms for entrepreneurs and startups to access essential resources, knowledge, and networks through workshops, consulting programs, exchange visits, and innovation competitions.

The Executive Director of NIA, Dr. Krithpaka Boonfueng, highlighted the importance of building international relationships through Innovation Diplomacy to transform Thailand into an “innovation nation.” The partnership with AsiaBerlin is expected to significantly boost the startup ecosystems in both countries, providing a gateway for Thai innovations to enter the European market. Berlin, known for its vibrant startup ecosystem and significant venture capital investment, offers a dynamic environment for Thai startups to expand into European markets.

The General Manager of Asia Berlin Forum e.V., Mr. Marten Rauschenberg, emphasized the strategic advantages of Berlin’s startup ecosystem, including access to capital, talent, innovation, and diversity. Programs like the AsiaBerlin Investors Club and the Expansion Lab are designed to promote networking, identify high-potential startups, and support cross-continental investment and knowledge exchange. The AsiaBerlin Summit 2024, scheduled for November 25-29 in Berlin, will provide a platform for Thai startups to connect with the European market and facilitate substantial changes in the startup ecosystem.

Through these initiatives, the partnership between NIA and AsiaBerlin aims to provide Thai startups and investors with enhanced opportunities and insights, driving growth, innovation, and cross-continental collaborations in the field of artificial intelligence.

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