The Digital Economy Promotion Agency (depa) organized “depa Demo Day” at Glowfish Sathorn, Bangkok. The event is a part of the selection process to screen the digital startups who would like to receive the 1,000,000 baht grant and investment from depa startup fund. In return, the 18 digital startups who would like to receive the fund have to offer some equity to depa after the third year of the 700,000 baht investment.
With the help and expertise of renown VCs and CVCs such as Spark, 500 Startup, Expara, Krungsri Finnovate, Bangkok Venture Capital, depa can make just decision to invest in the potential and scalable digital startups which will boost Thailand’s digital industry.
The depa startup fund offers grants and investment for different stages of digital startups from seed, pre-seed, to growth stage. Any Thai digital startups who would like more information can log on to http://www.depa.or.th/th/funds/startup.