Thursday, January 17, 2013

Thailand’s new THB300M fund M8VC opens applications for accelerator program

M8VCM8VC, Thailand’s latest venture capital firm, is releasing its first cycle application process for their accelerator program.

M8VC is a new venture capital fund set up in Thailand with plans to invest at least THB300M (about US$9.4 million) into innovative tech startups over the next year. The venture capital firm is founded by Ponthep Sethiwan, Shakrit Chanrunsakul, Pawoot Pongvitayapanu, Kit Arunanondchai, Sua Kanjanasakchat, Varut Bulakul, Permsiri Tiyavutiroj and Krisd Aksornwong.

Ponthep Sethiwan, also known as Vincent, shared that they are not limited to only local Thai entrepreneurs, but also open to anyone passionate and dedicated to building a startup.

“Unfamiliar with the Thai market? Dont worry, that’s why M8VC is here. We will guide, coach, connect, and really help you accelerate your startup to success.” - Ponthep Sethiwan

The accelerator funds up to 700,000THB ($23,400) to each successful startup. Each team will also be based out of LAUNCHPAD, and be personally coached by the amazing team behind M8VC.

The application process will close on the February 14th. You can find more information about the accelerator programme from their website.

The post Thailand’s new THB300M fund M8VC opens applications for accelerator program appeared first on e27.


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