What you need to know about startups in Thailand

top view of boats on beach

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The good

  • The government is trying to be more supportive.
  • Some good initiatives are being tried.
  • Some good people are working on it.
  • Thailand is a great place to live and work, and there’s no reason why startups should be any different!

The bad

While Thailand has a lot to offer startups, there are some drawbacks that should be considered before making the move.

  • Insufficient funding: While it’s true that government initiatives like Startup Thailand are helping to improve the investment climate in Thailand, it’s still difficult to gather enough cash to get your business off the ground. If you’re looking for investors, you’re going to need a pitch deck that will impress them. We’ll explore how to create one below!
  • Lack of support from the government: While there have been recent efforts to bolster startup communities across Southeast Asia, many governments tend out of fear that political rivals might use these groups as vehicles for protest movements against their regimes. This kind of political interference makes it hard for entrepreneurs and angel investors alike because they don’t know where—or if—they can find support for their endeavors within their communities – it has gotten a lot better though!

The ugly

The ugly:

  • Thailand has some of the best beaches in the world.
  • Thailand has some of the best food in the world.
  • Thailand has some of the friendliest people in the world.
  • Thailand has some of the best weather in the world.

Good luck!

Now that you know what to look for when starting your business in Thailand, it’s time to get started! Here are some resources to help you succeed:

  • The Thai Ministry of Digital Economy and Society has created several programs and services designed to support startups in Thailand.
  • The British Council offers assistance with international trade and investing in the UK.
  • Startup Thailand is an online community where entrepreneurs can connect with each other and learn about running a startup in Thailand.

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