Accelerating New Business Model in the Deep South

Toward this aim, they jointly organized the "Deep South Innovation Business Coaching Program” from 23 February to 28 April 2019 to create more young entrepreneurs for greater competitiveness, which will lead to the resolving of problems in the southern border provinces on a sustainable basis.

The two agencies have also cooperated with various educational institutions and research units to develop the potential of local young entrepreneurs in applying science, technology, and innovation for rapid growth of their businesses.

Participants in the program have played an important role in both SMEs and startups in the deep South of Thailand. They were urged to disseminate knowledge gained from this program to other entrepreneurs, as well, in order to bring about the greater ecological system of innovation at the regional level.

SBPAC Secretary-General Rear Admiral Somkiat Pholprayoon said that the Deep South Innovation Business Coaching Program was intended to encourage young entrepreneurs and other business people to use innovation as a major tool to create higher value for their products and services, in line with the Government’s policy.

This would help stimulate the local economy of the southern border provinces and develop young people to help tackle problems in the deep South through economic development, he said.