How does NIA aim to enhance entrepreneurial competency in targeted industries?

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NIA's Strategy to Enhance Entrepreneurial Competency in Targeted Industries

The National Innovation Agency (NIA) aims to enhance entrepreneurial competency within specific industries by focusing on the creation and development of innovation-based entrepreneurs (IBEs). This initiative involves fostering IBEs within key sectors, promoting intellectual property management, and utilising a dedicated academy for intensive training, all supported by a network of external collaborations. The overarching goal is to cultivate a significant number of IBEs and innovation personnel, thereby generating substantial economic impact within four years.
Developing Innovation-Based Entrepreneurs and Networks

NIA's strategy prioritises the creation and upgrading of innovation-based entrepreneurs (IBEs) across five key industry groups: Food Tech & Ag Tech, Travel Tech, Med Tech, Climate Tech, and Soft power. This approach includes developing and expanding the outcomes of critical projects within these sectors, ensuring that IBEs are equipped with the skills and resources needed to thrive. Furthermore, the initiative emphasizes building robust networks throughout the supply chain to support these entrepreneurs.
Promoting Intellectual Property Management and Training

A crucial component of NIA's plan is to actively promote intellectual property (IP) protection and management among IBEs for their innovative products. To facilitate this, the NIA Academy will serve as the primary mechanism for developing IBEs through an intensive curriculum designed to impart essential knowledge and skills. This structured training aims to equip entrepreneurs with the capabilities to safeguard and leverage their intellectual assets effectively.
Leveraging External Collaborations for Support

To achieve its objectives, NIA is establishing a broad network of cooperation with various external agencies. These collaborations include entities such as the Office of Small and Medium Enterprises Promotion, the Confederation of Thai SMEs, The Federation of Thai Industries, The Thai Chamber of Commerce and the Board of Trade of Thailand, as well as financial institutions like the Bank for Agriculture and Agricultural Cooperatives, the Siam Commercial Bank, the Government Savings Bank, and the Government Housing Bank. This multi-stakeholder approach is designed to provide comprehensive support to IBEs.
Quantifiable Goals for Entrepreneurial Growth

The initiative has set ambitious targets for entrepreneurial development over a four-year period. The specific goals include nurturing 10,000 innovation-based entrepreneurs and 15,000 innovation personnel and workers. Concurrently, there is an objective to achieve an impact value of 20,000 million baht within the targeted industries and areas, underscoring the economic significance of this entrepreneurial enhancement strategy.

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How does NIA aim to enhance entrepreneurial competency in targeted industries?

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