The university announced an incubator tie-up with Bangkok Bank that will support entrepreneurial faculty and students, as well as an initiative intended to glean insights from international partners.

Thammasat University has joined forces with financial services firm Bangkok Bank to establish a Thailand-based incubator aimed at advancing business ideas conceived by its faculty and students.

Thammasat’s initiative, Startup Ecosystem @ TU, will link the university with local businesses to foster an ecosystem where professors and students can network with entrepreneurs. Programming will be delivered from the classroom and through internships.

Another program run jointly by Thammasat and Bangkok Bank, dubbed the Startup Exchange Program, has been set up to foster collaborations between local businesses and international partners, with an initial focus on Singapore.

Startup Exchange Program will initially involve two Thammasat representatives selected from university-linked businesses attending incubators overseas to gain insights into their operations.

Thammasat University also plans to add co-working space to its existing capacity – currently enough to house 10 startups – in a bid to accelerate commercialisation of its innovations.

Bangkok Bank already operates a 12-week startup accelerator centred on fintech that has so far graduated two cohorts. The bank is also working with Thammasat University to expand the latter’s deep tech facilities at the Office of Advanced Science and Technology.