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July 29, 2017

Winners Announced for Delta Angel Fund for Startup 2017
Dr. Somchai Harnhiran, Permanent Secretary for the Ministry of Industry, presided over the fund presentation ceremony for 24 startup teams that had won the Delta Angel Fund for Startup 2017. The ceremony was held during Thailand Industry Expo 2017 at Challenger 2 Impact Convention Center. Delta Electronics (Thailand) PCL. was represented by Dr. Anusorn Muttaraid, Delta’s Executive Director. Delta Angel Fund for Startup is collaboration between Delta and the Ministry of Industry to encourage entrepreneurial spirit among Thais. Winners are selected based on the practicality and creativity of their proposed business. The winning team fund will receive financial rewards and Delta’s guidance in setting up a successful business.

Other guests from the Ministry of Industry were Ms. Nisakorn Jungjaroentham, Deputy Permanent Secretary and Mr. Pasu Loharjun, Director General, Department of Industrial Promotion.

Delta Angel Fund for Startup 2017 saw 459 participants from 254 startup teams. 24 teams were eventually selected for the final round. The top two winning teams under the Thailand 4.0 category were ReadRing for ReadRing invention and The Brother for IO-Med invention. The teams received 500,000 baht and 300,000 baht respectively.

The top two winning teams under the Energy Management category are Pure Control System for their energy-saving wireless power and lighting network and OM FOR YOU for their Smart Building Automation System (BAS) project. The teams received 500,000 baht and 200,000 baht respectively. The remaining 20 finalists each get 10,000baht.

After the award ceremony, the Department of Industrial Promotion will continue to provide these teams with various supports like publicity so as to increase their chance of success in the new business and in turn contribute to Thai society and its economy.
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