Thailand Promotes Deep-Tech Research in Agriculture and Food, Supports Startups for Australian Market Entry

Rangsit University (RUN) in Thailand is strengthening its initiatives to promote research and development in deep-tech (Deep-Tech) within the agriculture and food sectors. The university is particularly focusing on fostering innovative technological development and expanding support for Thai startups to enhance their competitiveness in the global market. As part of these efforts, the VEP (Venture Exchange Program) project is being actively deployed. This program provides concrete support for promising Thai startups to enter markets, especially the Australian market. Specifically, it offers assistance with market research, business matching, regulatory compliance, and building connections with local partners, aiming to facilitate smooth overseas business expansion for Thai startups. This initiative is believed to contribute to the achievement of national goals, such as economic advancement and innovation-driven growth, in alignment with the Thai government's "Thailand 4.0" strategy. The agriculture and food sectors are among Thailand's core industries, and the introduction of deep-tech to improve productivity and create new added value is essential for the sustainable development of the entire Thai economy. By connecting the university's research resources with industry needs, RUN aims to build an ecosystem that promotes the development of practical research and supports the growth of startups. The support for entering the Australian market will be a significant step in its international expansion strategy.