The National Innovation Agency (NIA) expects the long-awaited Startup Act to help revitalise Thailand's startup ecosystem by enabling co-investment mechanisms to attract private capital, prepare high-potential startups for initial public offerings, and support their expansion into global markets.
The draft aims to create a legal framework for startups, designating NIA as a one-stop service agency and addressing long-standing legal and fundraising constraints that have limited the growth of Thai startups.
