SCB support innovations for an aging society

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SCB collaborates with NSTDA and FabLab to support innovations for an aging society, offering up to 20 million baht credit lines and research funding of 400,000 baht per project

Siam Commercial Bank (SCB) has joined forces with the National Science and Technology Development Agency (NSTDA) and Chassis Plus Infill Co., Ltd. (Fab Lab), a leading partner in science, technology, and innovation,

to sign an MOU supporting SMEs that lead innovations for an aging population and all related businesses to boost the “New Age Citizens Project” in preparation for Thailand’s quality transition to an Aged Society.

Under the MOU, SCB will launch a special campaign to offer a credit line of up to 20 million baht for any SME with an innovation development project, while receiving research funding support of up to 400,000 baht per project from NSTDA to help increase competitiveness for the aging population at both the local and international levels.

MOU signing representatives were Associate Professor Dr. Ratchaphon Suntivarakorn, NSTDA’s Innovation and Technology Assistance Program Director (ITAP) (left);

Ms Arunee Boongerd, Vice President of SME Value Partner of Siam Commercial Bank (Center); and Miss Kalaya Kovidvisith, Managing Director, Chassis Plus Infill Co., Ltd. (FabLab) (Right) , and held recently at SCB Business Center, Siam Square.