Govt plans to create 1,000 SMEs in five years with revenue exceeding Bt1 billion per year

The Education Ministry will work with the Federation of Thai Industries (FTI) in setting up an innovation fund for small and medium enterprises (SMEs), with the aim of creating at least 1,000 start-up SMEs with revenue exceeding Bt1 billion per year within five years.

Kittipong Promwong, director of the Office of the National Higher Education, Science, Research and Innovation Policy Council (ONES), said the campaign would be financed by two funds.

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The Nation Reporter