Thai alternative bourse to hold “InnoBiz Matching Day 2014” for SMEs BANGKOK, July 1, 2014 – The Market for Alternative Investment (mai), under The Stock Exchange of Thailand (SET) group, jointly with alliances will hold “InnoBiz Matching Day” on July 1 for the eighth consecutive year, under the theme “Entrepreneurs build Entrepreneurs”, enabling small- and medium-sized enterprises (SMEs) to present business plans and meet with venture capitalists. There are six entrepreneurs selected to participate in the event. The event, held to celebrate mai’s 15th anniversary as well, is joined by the Securities and Exchange Commission, the Thai Venture Capital Association and National Science and Technology Development Agency. mai President Prapan Charoenprawatt said, “There are altogether a great number of SMEs nationwide. Many of them consist of high potential business plans, both growth enterprises and social enterprises (focusing on social responsibilities while generating profits to finance themselves). Basically these SMEs have funding constraints. A significant source today is the venture capital which can boost SMEs’ strengths by providing funds for business expansions, giving management advices including corporate restructuring and other related businesses, in order to enhance competitiveness and growth. In addition to business presentations, entrepreneurs will have the opportunity to meet with executives of both SET-listed and mai-listed companies to exchange views for business initiatives and opportunities.” In addition, mai has geared up to enhance ‘Innobiz Matching Day’ by allocating funding sources to cover individual investors (Angel Fund), institutional investors and listed companies keen to invest in new business, while continuously boosting SMEs’ effectiveness. As a result of the selection process, six entrepreneurs are entitled to participate in the “Entrepreneurs build Entrepreneurs” program this year, consisting of two social enterprises, two information and technology firms, one cosmetic firm and one agricultural firm, with total investment of THB 250 million. SET Group “Matching Your Right Financial Opportunities”
Posted on: Wed, 02 Jul 2014 02:19:37 +0000
Trending Topics
Recently Viewed Topics
© 2015