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TSRI collaborates with public-private network on TRIUP FAIR 2023 to motivate economic growth of Thailand with research and innovations

28/6/2023

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​Thailand Science Research and Innovation or TSRI, in collaboration with network agencies in science research and innovation system, joins forces with the private sector led by Federation of Thai Industries and Board of Trade of Thailand to hold a press conference of Thailand Research and Innovation Utilization Promotion Fair 2023 (TRIUP FAIR 2023) will be held on July 18-19, 2023, at Royal Paragon Hall, 5th floor, Siam Paragon Shopping Center. This is an important research and innovation event which gathers works, researchers, entrepreneurs and over 60 agencies in the ecosystem who support the business sector together in one place, with a goal to increase competitiveness of the private sector and make concrete economic impact with research and innovations.
Prof. Emeritus Dr. Soottiporn Chittmittrapap, chairperson of National Commission on Science, Research and Innovation Promotion, said that, regarding the fast pace of progress on the national and global level, he sees that every sector in Thailand must place emphasis on utilizing science, research and innovation to enhance the quality of life of the people and increase the competitiveness of the country. Recently, Thailand has passed Thailand Research and Innovation Utilization Promotion Act B.E. 2564 (TRIUP Act) which is one of the laws for the economic reformation of the country that unlocks research and innovation ownership and promotes innovation utilization in the country. He expects that every sector realizes the significance of this Act and is able to make use of it for the country's development in the same way as the success in other countries that have already enforced this kind of law
Assoc. Prof. Dr. Patamawadee Pochanukul, director of Thailand Science Research and Innovation (TSRI), said that TSRI, as an agency that encourages this Act and supports the utilization of research and innovation for development in various aspects, sees that it requires the power and cooperation of every sector in order to utilize research and innovations to make high impact to the country. This year, we will start with economic sector; therefore, TSRI along with alliance agencies, namely Program Management Unit (PMU), universities, research institutes, the private sector led by Federation of Thai Industries, Thai Chamber of Commerce and Board of Trade of Thailand, government agencies supervising the development promotion system of business sector and financial and investment agencies, is organizing "Thailand Research and Innovation Utilization Promotion Fair 2023 (TRIUP FAIR 2023)" under the concept of “Journey to Impact : From Research and Innovation to Enhancement of the Economy and Society of the Country.” This event focuses on inviting relevant agencies to set a mutual goal to push research and innovations to concrete impact in 3 main issues, namely Medicine and Health, Agriculture and High Value Food, and Net Zero Emission, within a five-year timeframe, in order to show how the journey towards the commercial utilization of research and innovations for concrete economic impact requires a process and support from agencies in each step. The operation on these 3 issues will lead to an operation model for other important issues in the country in the future.
Mr. Kriengkrai Thiennukul, chairperson of Federation of Thai Industries (FTI), said that FTI, which is a representative of the industrial sector, has become a main alliance in organizing the event. He thinks that TRIUP Fair 2023 is a good opportunity for entrepreneurs and the private sector to see over 300 practical research and innovations. In respect of FTI network entrepreneurs, more than 70 companies have shown interest and participated in the research and innovation showcase. He believes that this event will help stimulate and encourage potential enhancement and increase of competitiveness for Thai industry from the application of research.
The FTI Chairperson adds that, apart from the collaboration in organizing TRIUP Fair 2023, FTI is the first private organization in Thailand that receives funding of one billion baht from Science Promotion Fund Research and Innovation of TSRI for the implementation of ‘INNOVATION ONE’ project within a three-year timeframe in order to support a new generation of startups that have skills, knowledge and capacity in technology to be able to grow in Thailand and compete with other countries. We will connect startups who own innovations with SMEs in the industrial sector in our network who want to apply innovations in their business, in order to promote sustainable growth which is in line with ONE FTI policy of the Federation of Thai Industries of the year 2022-2024. FTI also intends to drive the policy to practice with the goal to strengthen Thai industry for a stronger Thailand.
Ms. Kobsuk Iamsuree, vice chairperson of Commission on Innovation and Research Promotion, Thai Chamber of Commerce and Board of Trade of Thailand, said that, as a private sector whose members are startups and SMEs from throughout the country, the agency has an important mission in cooperating with external agencies to support entrepreneurs in accordance with CCS principle, namely Connect – connecting public and private sectors, Competitive – focusing on enhancing the competitiveness of the country, and  Sustainable – aiming at developing entrepreneurs for sustainable economy of Thailand. In this TRIUP Fair 2023, Thai Chamber of Commerce and Board of Trade of Thailand, under the policy 'Connect the Dots,' have a role in public relations with the members who are young entrepreneurs (Young Entrepreneur chamber of commerce; YEC) and entrepreneurs in the network for attending the event and participating in the business matching, with a believe that research and innovation can definitely strengthen and encourage growth in innovation for the entrepreneurs.
The TRIUP Fair 2023 that will be held on July 18-19 2023 has many highlighted activities, for example, it will feature a showcase of over 300 research and innovations by Thai researchers and entrepreneurs which are ready for commercial development and will help build competitiveness in the business sector, business matching space for those interested, forums and workshops led by Thai and foreign instructors for researchers and entrepreneurs, pitching activity, business matching, consult service from more than 60 agencies on many matters, such as research grants, intellectual property management, laboratories, innovative product certification, product registration, Thai Innovation List, 200% tax policy, including marketing mechanism in the country and abroad, and finance and investment privileges for innovation entrepreneurs and  interested individuals who want to promote research and innovations to commercial use.
In addition, there are also an audition round of Shark Tank Thailand participants and selling of innovative products to stimulate the utilization of Thai research and innovations. “This event is believed to be a mechanism that helps the private sector and entrepreneurs access research and innovations and enable them to utilize it for business growth and make a difference in the competition. It is also demonstrating that every sector in Thailand is ready to support Thailand to become a developed country with research and innovations,” said the TSRI Director.
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