TED Fund Targets 2027 to Link Public and Private Capital to Drive Thai Innovation to Market
Published
TED Fund aims to shift its role by 2027 from being a funder to acting as an intermediary that connects innovation entrepreneurs with private-sector investors. The news was reported by Bangkok Biznews.
Until now, TED Fund has played a primary role in directly providing funding to innovation projects. This change in role means the agency will help find partners and private-sector investors for entrepreneurs, so that businesses can grow with capital from multiple sources.
The key goal of this approach is to make Thailand's research and innovation more commercially viable. At present, many research projects have not been developed into products or services that can be sold in the market, because they lack investment and support in the next stages. Linking public and private capital is therefore seen as an approach that could help narrow this gap.
However, practical details such as the form of collaboration, budget, and implementation steps have not been clearly disclosed in this report. Readers who are interested can follow updates from TED Fund's official sources.
Sources: bangkokbiznews
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