The NIA anticipates by the end of this year, local startups will gain greater access to state funding sources.
The National Innovation Agency (NIA) will make an aggressive move to co-invest in startups through different models to unlock startup growth opportunities in Thailand and overseas.One model is the planned establishment of a private equity (PE) trust valued at 1 billion baht to invest in promising startups.
The move comes right after the third version of the royal decree governing the establishment of the existing NIA takes effect on June 30.
The 2026 version of the legislation aims to strengthen the NIA's role in developing the country's innovation sector and supporting the commercialisation of research and inventions.
Krithpaka Boonfueng, executive director of the NIA, said that by the end of this year, she expects local startups to be able to access more sources of state funding, mainly during their pre-Series A to Series A funding rounds.
