POC (Incubator Incentive Program)

Eligibility Criteria for Funding Applicants

• Individual Applicants : Individuals who plan to register as a legal entity.
• Corporate Applicants : Businesses registered as legal entities in Thailand with at least 51% Thai ownership.

Applicants must also be Thai nationals who meet the following criteria :

• Current undergraduate, master’s, or doctoral students enrolled in academic institutions in Thailand, or
• Graduates who completed their studies no more than 5 years prior to the funding application submission date.

Additionally, they must hold more than 30% of the company’s shares and serve as one of the authorized directors of the legal entity.

• Project Duration : Projects must be completed within one year.
• Funding Support : Covers up to 90% of the total project budget, with a maximum funding limit of 1,500,000 THB.

Categories of Eligible Expenses for Funding Support

1. Expenses for prototype development.
2. Expenses for analysis, testing, and obtaining standard certifications.
3. Expenses for market testing.
4. Expenses for technology transfer or licensing (capped at 300,000 THB).
5. Expenses for hiring consultants or experts (capped at 30% of the total budget).
6. Expenses for utilizing services from the entrepreneur development network.