March 6, 2023
The Ministry of Economy, Trade and Industry (METI) and Japan External Trade Organization (JETRO) will hold the “ASEAN-Japan Fast Track Pitch Event in Thailand” in the capital city Bangkok, to be co-organised by PTT Public Company Limited (PTT Group) together with the Thailand Board of Investment and Ministry of Energy of Thailand as a part of the “ASEAN-Japan Co-Creation Fast Track Initiative” to accelerate global open innovation of Japanese companies and startups.
Taking the opportunity of the 50th anniversary of ASEAN-Japan friendship and cooperation this year, METI and JETRO have decided to launch the “ASEAN-Japan Co-Creation Fast Track Initiative” to support the creation of open innovation through collaboration between startups and large companies from both ASEAN and Japan. This initiative proposes a new format of cooperation with ASEAN countries to create new innovations.
On March 4, Minister Nishimura proposed to Mr. Supattanapong, Deputy Prime Minister and Minister of Energy, the holding of the “ASEAN-Japan Fast Track Pitch Event in Thailand” in Bangkok to be co-organised by PTT Public Company Limited (PTT Group) together with Thailand Board of Investment and Ministry of Energy of Thailand. Deputy Prime Minister Mr. Supattanapong welcomed the proposal and agreed to hold the event at the earliest possible time.
The Fast Track Pitch in Thailand is one of the tangible co-creating outcomes of the “Initiative for the Co-creation Partnership towards Future Investment”, a joint statement between Economic Ministers of Thailand and Japan in January 2022. Through the Fast Track Pitch, startups will have the opportunity to (1) receive support not only from Japanese organizations such as JETRO, but also from the government agencies of Thailand and ASEAN, and (2) gain access to not only large Japanese companies but also a wide range of startup ecosystems in Thailand and ASEAN.
Ministry of Economy, Trade and Industry of Japan (METI)
Embassy of Japan in Thailand
Japan External Trade Organization (JETRO)
Ministry of Energy of Thailand
Thailand Board of Investment (BOI)
PTT Public Company Limited (PTT Group)
Japanese Chamber of Commerce, Bangkok (JCC)
More information on the event, including the challenge owners and challenge statements, will be announced once these are finalized, and the call for application from startups will be opened then.