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True Digital Park opens Work Space to ignite future Thai unicorns
True Digital Park aims to become Thailand’s first and Southeast Asia’s largest digital innovation hub.
Under the concept of ‘One Roof, All Possibilities’, True Digital Park is now ready to ignite startup unicorns and support the country in driving digital economy.
Today it reveals “Work Space”, the workplace and digital innovation development space in the most complete ecosystem for startups and tech entrepreneurs.
Among startups and tech community, True Digital Park also collaborates with government agencies, enterprises and global tech giants including The National Innovation Agency (NIA), Digital Economy Promotion Agency (DEPA), Electronic Transactions Development Agency (ETDA), King Mongkut’s Institute of Technology Ladkrabang, Google, AWS, Huawei, Ricoh, UOB, Wongnai, MuSpace, Thailand e-Center (TeC), CP Innovation and True Digital Academy.
It is equipped with full serviced facilities for meetings, workshops, town halls, events and lifestyle activities to enhance work life. True Digital Park is now open the door for startup and tech entrepreneurs to experience its Work Space.
Work Space is designed to be open and connected to create an atmosphere that truly encourage knowledge exchange for innovation.
This space also strengthens and fulfills all startups’ needs as well as provides support from partners through their journey from business establishment, knowledge sharing by economies and R&D centers, cutting-edge technology from world leading tech companies, and supports from related government organizations.
In addition, the startups in the community will also have opportunities to meet with venture capitals and investors. These elements make the startup ecosystem complete and ready to help startups achieve sustainable growth.
Thailand has potential to be digital innovation hub in this region, according to key findings from Global Innovation Index (GII) by Cornell SC Johnson College of Business and INSEAD WIPO. Thailand is ranked 44th in GII’s 2018 study, a big jump of 7 rankings.
Thai startup success rates are still relatively low
The nation is also among 20 Innovation Achievers. Thailand has its strengths in the following categories; Market Sophistication, Knowledge and Technology Outputs and Innovation Efficiency Ratio.
True Digital Park is confident that our complete startup ecosystem and integrated support from partners are key drivers to help startups and tech entrepreneurs become unicorns and grow strongly and sustainably. This will also benefit Thailand’s digital economy and help the country reach its potential as a digital innovation hub in the region
Thanasorn Jaidee, President of True Digital Park
On the other hand, Thai startup success rates are still relatively low compared to its neighbors such as Indonesia, Malaysia and Vietnam.
Therefore, True Digital Park is committed to building a complete ecosystem for startups and tech entrepreneurs to support and increase potentials of the country’s digital economy.
True Digital Park is located on Sukhumvit 101 road near Punnawithi BTS station. The first phase of the project is now open in three areas including Work Space (77,000 sq.m), Lifestyle Space (30,000 sq.m) and Living Space which comprises of condominium and residential area.
Work Space, an innovation hub and startup community, is designed under Open Innovation concept to help accelerate and incubate startups to grow strongly and ultimately become an ‘unicorn’.
“Our current database of members and partners at our Work Space reflects the complete ecosystem at True Digital Park. Members and partners are working in various business types including digital content, social platforms, enterprise platform, e-commerce, robotics as well as tech startup such as FinTech, TravelTech, MarketingTech, PropTech and AgriTech. In terms of demographic statistics, our members are 57% male and 43% female.
Over 60% of our members work in digital and technology business. Their job functions can be separated as follows: 40% are engineering, IT, technology, and innovation, 15% are technician support, 6% are digital marketing, 25% are management and business development, and 14% are other support functions such as accounting, admin, and HR.
Work Space comprises of 4 areas
1. Co-Working Space: working space, pantry and break-out area
2. Office Space: a large office space with meeting rooms and event and function areas. The open space architecture is being represented through connected stairs that encourage members of the community to meet, learn, share and build community organically.
3. Innovation Space: technology showcase, academy and innovation labs by partnering with government agencies, enterprises and world leading tech companies such as National Innovation Agency (NIA), Digital Economy Promotion Agency (DEPA), Electronic Transactions Development Agency (ETDA), King Mongkut’s Institute of Technology Ladkrabang, Google, AWS, Huawei, Ricoh, UOB, Wongnai, MuSpace, Thailand e-Center (TeC), CP Innovation and True Digital Academy
4. Event and Business Services Space: full serviced facilities for meetings, seminars, business services and government’s one-stop service centers
True Digital Park’s Work Space provides more than just a traditional work stations.
True Digital Park members can enjoy more than 400 workstations with well-designed seating options. You can connect anywhere in the digital world via 1 Gbps ultra high-speed internet networks and WiFi exclusively provided to members only.
Our shared facilities include meeting rooms and pantries with free-flow premium coffee and infused water. In addition, VC Clinic, funding opportunities for startups, advice and support for smart visas for foreign workers, business consultation, legal and other support services, tax privileges, connections with educational institutions for the improvement of tech talents are some of the other benefits members can take advantage of.
In addition to enjoyable working experience at Work Space, members will also take advantage of convenient cashless society at Lifestyle Space, a lifestyle complex where retails meet nature and technology.
This includes a 24/7 retail space that serve consumers’ modern lifestyle of managing their own time freely. This is the ideal space for everyday living for urban citizens.
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