HM King Rama IX’s notable speech that King’s scholarship srecipients should work for the nation has ultimately inspired me to be an angel investor today. Besides serving as a source of fund, knowledge and experience transferred to Thai startups are important. The association’s notion called “Two heads are much better than one” means we are an investment advisor, helping startups to minimize risks. A collaboration of many investors can pretty much support startups. Having served as an incubator, we help startups refine business ideas and build their company from the ground up and transfer them to venture capitals to raising fund in many different ways, even the crowdfunding, which elevates local ecosystems to an international level. Thai startups are still interesting for the investors.

Moreover, as a committee member of Federation of Thai Industries and Thai Chamber, I found that Thailand can no longer depend on the traditional industries, a creation of startup ecosystem will help promote new businesses driving the country through technology sustainably. For the first-year goal of TBAN, we would like every party in the ecosystem to recognize our identity, our roles and co-investment, working together, sharing opinion and suggestions to further propose the government. Ultimately, it is the value of giving and everyone is happy being a member, having equality and trust, be accepted by the society and partner network.

Financial amount and investment options depend on preference of individuals and mostly is 10% of the money they have.

To make TBAN a recognized organization at the first year is to create a participation drawing local and international partnership network in Europe, United States and Southeast Asia, as well as the global partnership with World Business Angel Investment Forum. The startup investment of TBAN’s angel investors is likely to “screen” in order to differentiate the “crowdfunding” investment. We hope that TBAN will be an open stage for startups growth, drawing domestic and foreign investors, and have investors to be able to access the “perplexing” startups, especially those in advanced science and technology such as the startup who created nano-inks for 3D printing system, such technology will be significant step into the new era and startups can scale up their businesses recognized in the global stage. This helps create value add and empower their businesses, having the business value as the unicorn startups.

Investing in startups is a high-risk business venture as the new business model is not clear, along with the customer groups and the products. Hence investors, in addition to having capital, still need many additional factors in order to be successful, such as expertise in each business or understanding new technologies.

Our association is derived from the collaborative effort of many investors to help them to brainstorm, and to provide expertise and capital, to reduce the risks of investment, and it's also like the first place that startups look for when wanting to do business. We are not just providing funds but also educating startups from a variety of perspectives from shared experiences that will be conveyed to them. This will help them to have a greater chance of success, including providing various activities for those in our networks, both in terms of courses and pitching events to help develop and enhance Thailand's startup ecosystem in a more sustainable way.

We hope to ignite passion for startups granted by TBAN being the good ones who have endless capability in research and development and quickly achieve their goals. They are qualified by our intense selection to ensure investors the joint investment. Being a private sector organization, we help co-ordinate working with every party paving the way for a common goal efficiently, especially to promote the emerging startups. In addition, TBAN will run a proactive function in order to screen the good startups for investors through the present partner network and TBAN will help adjust startups’ business models, marketing and financial, creating the “choices” out of those the same survival startups, who want to scale up their businesses. Startups eventually will be able to monetize their dreams through a self-reliance, potential angel investors and becoming an SME or a unicorn.