The mai Matching Fund will jointly invest with Thai or foreign venture capital funds specialized in target industries, e.g., Information and Communication Technology (ICT), Media & Entertainment, Professional Services, Science & Technology, Travel & Culture, as well as Food. These are high-growth and innovative industries and are mostly operated by next generation entrepreneurs. The mai’s target industries are in line with its objective to promote the businesses of the future that possess good growth potential and will help sustain the overall economy.
The BoG also asked the mai to allow target businesses to propose their plans as well as welcome the proposals of students participating in the business plan competition.
To identify firms with the greatest potential, the mai will set up a special team comprised of experts from the SET and mai, as well as other industry specialists. The team will therefore be able to clearly deliver the essential information needed by both entrepreneurs and investors for making their investment decisions. The team will work closely with investment bankers, financial institutions, and academic institutions.
In addition to financial support, the BoG recognizes that advisory assistance is equally important. Thus there will be another expert team to advise businesses the mai has invested in, to ensure that the companies will developed as planned and can eventually list on the mai. All venture proposals to the mai Matching Fund will have to be approved by the BoG.
Experienced entrepreneurs in the above target industries are invited to study more details of the fund at www.mai.or.th.
