Initiative II.2: Growth oriented SME support.
Identify good practices from other countries which may be effectively modified for
Thai growth oriented SMEs, especially:
● simplification of unlisted public capital raising by SMEs;
● Angel markets;
● second or junior board markets (especially MAI, which seems to be very effective, and
warrants further collaboration on initiatives, such as the SME Toolkit);
● government set up and underwriting of venture capital funds;
● expansion of corporate bond markets, and the exploring of financing of SME growth and
innovation through the issuance of government underwritten bonds (SME Bonds) which
are then managed by private sector professional managers; and
● subsidies for consultancy advice and mentoring of growth companies.