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InnoSpace Thailand is a joint venture between the public and private sectors.

InnoSpace Thailand

Krungsri Finnovate’s core mission is to provide comprehensive strategic investments with a focus on helping startups achieve their goals through corporate venture capital.

Krungsri Finnovate

Thailand

South East Asia

![high angle photo of buildings](https://images.unsplash.com/photo-1547640084-1dfcc7ef3b22?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
 Bangkok, the vibrant capital city of Thailand, is establishing itself as a thriving hub for startups and innovation. With a focus on talent, infrastructure, private investment, and public sector incentives, the Bangkok startup ecosystem is gaining recognition on the global stage. 

 Bangkok's talent pool is highly competitive, with the city ranking among the top 100 cities in the Global Talent Competitiveness Index 2022. This indicates the availability of skilled professionals and a diverse workforce to support startup growth. 

 The city benefits from robust infrastructure, particularly through the [Eastern Economic Corridor (EEC)](https://www.oav.de/iap-12020/artikel-524.html), a technologically advanced zone spanning 13,000 square kilometers near Bangkok. This strategic location provides startups with access to resources, connectivity, and proximity to markets. 

 Private investment in Bangkok is on the rise, with a remarkable 39% increase in investment pledges in 2022, reaching a staggering US$20B. This influx of direct foreign investment demonstrates confidence in Bangkok's startup ecosystem. 

 Events like the [Tech Investment Show](https://www.bangkokpost.com/thailand/pr/2490080/tech-investment-show-2023-asia-pacifics-premier-tech-investment-platform) serve as a platform for startups, corporations, and investors to connect and attract more investment, fostering collaboration and growth. 

 The public sector plays a crucial role in supporting startups. Initiatives such as the [Smart Visa](https://smart-visa.boi.go.th/smart/) attract highly skilled professionals and investors to contribute to targeted industries. The [National Innovation Agency (NIA)](https://nia.gov.lk/) aims to establish 100 deep tech startups in Thailand by 2025, while [Startup Thailand](https://startupthailand.org/en/home/), based in Bangkok, supports and promotes startup ecosystems in alignment with the National Startup Committee. 

 The [Bangkok Cyber Tech District](https://www.truedigitalpark.com/en/insights/articles/32/bangkok-cybertech-district), a launchpad for startups, aims to accommodate over 20,000 ventures, providing a conducive environment for innovation and growth. Additionally, the [Board of Investment (BoI)](https://www.nationthailand.com/thailand/policies/40021452) supports 30 local startups in the biocircular, and green (BCG) sector, bolstering Thailand's international competitiveness. 

 With the active involvement of organizations like the [National Innovation Agency (NIA)](https://nia.gov.lk/) and the commitment to fostering innovation and growth, Bangkok's startup ecosystem is poised to thrive and contribute to the country's economic development.

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This represents about 84% of Thailand’s startups. Bangkok is the highest-ranked startup ecosystem in Thailand.\",\"rightText\":\"While Bangkok decreased by 6 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Thailand remained stable\\n at 1 nationally since 2023.\"},\"whyYouShouldJoinEcosystem\":{\"leftText\":\"Within Bangkok there is an increased attraction for entrepreneurs\\n to set up their startups in industries such as Fintech, Transportation, Ecommerce & Retail. These three industries represent about 36% of the startups\\nrepresented on the Startup Ecosystem Map of Bangkok. \",\"rightText\":\"Bangkok is Thailand's 1st best startup\\n ecosystem and is ranked 4th in South East Asia. With a population of 2M - 10M people,\\n Bangkok is ranked 80th in the world. 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Discover startups, unicorns, and exits in Bangkok. Dive into Fintech, which is the best startup industry in Bangkok.\"}}"

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