AIS The StartUp, a business development platform which assists startups tech companies by providing technology and experts, has been awarded the “Best Global Accelerator and Incubator Program” from Global StartUp on December 14, 2019, according to a press release.
The company’s mission is to form a new generation of digital partnership between AIS and startups in order to create a new wave of digital commercialisation that can strengthen startup businesses by providing them with growth opportunities at all levels.
The business and go-to-market platform, headquartered in Thailand, is under Advanced Info Service Ltd., Co. (AIS), one of the country’s leading telecom and digital business provider. The platform is also in collaboration with Singtel Group Alliance and provides cross-border market access to startup with scalability.
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AIS has a total of 47 products and services under its wing which has created over 2,000 jobs and has contributed over US$300 million in the digital economy per year, according to Somchai Lertsutiwong, CEO of AIS.
“In the year 2020, AIS continues to take the operation to the next level by collaborating with startups both inside and outside the country to share knowledge, unlock work boundaries in line with modern innovations such as the upcoming 5G to encourage Thais to experience cutting-edge technology with people all over the world, and including new AIS businesses such as Insurance, Payment, Game, and Video,” she adds.
After their recent victory in the Global Startup Awards which saw participation from over 1000 participants across the world, the platform has been chosen to represent ASEAN accelerators on a global stage.
The Global Startup Award is granted to companies that have a world-class startup operation model with a team of knowledge, expertise, including technology and equipment that drives sustainable business growth at the national and international levels.
“I am delighted and proud of AIS by the AIS The StartUp project that wins world-class awards, which aside from being confident in the potential of startup entrepreneurs in Thailand, it also emphasises the intention of companies that hold policies to support startup businesses continuously,” Lertsutiwong adds.
The award for AIS The Startup came after the recent cessation of dtac Accelerator, another leading telco-backed accelerator in Thailand.
In an interview with e27, Sompoat Chansomboon, former Managing Director of dtac Accelerate, explained that the discontinue was due to the “new business direction” that the telco has set up.
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Image Credit: AIS
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