Digital Economy Promotion Agency

Name

Digital Economy Promotion Agency

Legal name

สำนักงานส่งเสริมเศรษฐกิจดิจิทัล

Website

https://depa.or.th

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Government Digital Economy Promotion Services

NAICS

Administration of Economic Programs (9261)

akta.pro primary industry

Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL)

akta.pro secondary industry

Smart Cities & Urban Innovation Programs (Digital Planning, Civic Tech for Cities) (BPAIANAJ)

Keywords

• Digital economy promotion
• Government innovation funds
• Smart city development
• Digital transformation services
• Startup incubation programs

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Government Budget Allocation: depa operates as a Thai government agency funded primarily through annual government budget allocations to implement digital economy promotion programs, subsidies, vouchers, and fund disbursements.
2. Digital Voucher Programs: Revenue through disbursement of various digital vouchers including Digital Startup Fund, Digital Transformation Fund, Digital Manpower Fund, and mini Transformation Vouchers supporting SMEs, startups, communities, and farmers in digital adoption.
3. Service Fees: Revenue from service fees including meeting room and seminar room rentals, coworking space facilities, digital course registrations, and e-service platform access.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels9 records

Core offering

Digital Economy Promotion Agency (depa) is a Thai government agency that promotes and develops Thailand's digital economy through subsidized funds, voucher programs, and digital platforms. Its core offerings include the Digital Startup Fund, Digital Manpower Fund, Digital Transformation Funds (for SMEs, communities, and agriculture), Digital R&D Fund, Digital Investment Fund (BOI incentives), and the depa IP Voucher and ISO 29110 Voucher programs. It also operates the City Data Platform for smart city development, the Digital Skill Roadmap with tax incentives, and institutes such as Thailand Digital Valley, Startup Institute, and GBDI.

Product overview

Digital Economy Promotion Agency (depa) operates as Thailand's government agency for digital economy development, offering a comprehensive portfolio of funds, programs, and platforms. The ecosystem consists of multiple funding mechanisms including Digital Startup Fund for digital entrepreneurs, Digital Manpower Fund for workforce development, Digital Transformation Funds for SMEs/communities/agriculture, Digital R&D Fund for innovation, and Digital Investment Fund for BOI promotion. Supporting infrastructure includes Thailand Digital Valley (IoT/innovation hub), Startup Institute, and GBDI (government big data). Key platforms include City Data Platform for smart cities, Thai Digital Content Showcase, and Digital Senior e-learning. Additional services encompass IP Voucher, ISO 29110 Voucher, Mini Transformation Voucher, Smart City promotion, and Digital Skill Roadmap with tax benefits up to 250%. The programs are designed to work synergistically to develop Thailand's digital ecosystem from startups to workforce to community adoption.

Differentiator

Problem solved

Functional benefit

Brands

• สถาบันไอโอทีและนวัตกรรมดิจิทัล (Thailand Digital Valley): IoT and Digital Innovation Institute focused on developing Thailand's digital innovation ecosystem
• สถาบันส่งเสริมวิสาหกิจดิจิทัลเริ่มต้น (Startup Institute)
• สถาบันส่งเสริมการวิเคราะห์และบริหารข้อมูลขนาดใหญ่ภาครัฐ (GBDI)
• แผนแม่บทการส่งเสริมเศรษฐกิจดิจิทัล
• สำนักงานเมืองอัจฉริยะประเทศไทย (Smart City Thailand Office)

Products and services

• Digital Startup Fund

Quantifiable outcome

• Over 1,245 communities reached through digital transformation programs
• +4 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• ASEAN Smart Cities NetworkcoreStrategic or Co-development Partner · 1 January 2019depa served as host for ASEAN Smart Cities Network 2019, coordinating smart city development efforts across ASEAN member states and promoting Thailand's smart city initiatives internationally.
• Board of Investment (BOI) ThailandflagshipStrategic or Co-development Partnerdepa works jointly with Thailand's Board of Investment to determine types of digital industry businesses eligible for investment promotion and BOI tax benefits, including software development (Embedded Software, Enterprise Software, High Value-added Software), digital services, E-commerce, digital parks, data centers, and smart city development projects under BOI Announcement No. 6/2561.
• Thailand Digital Valley / EECd (Digital Park Thailand)flagshipStrategic or Co-development Partnerdepa serves as the lead agency driving the development of the Eastern Economic Corridor Digital Innovation Zone (EECd), also known as Digital Park Thailand or Thailand Digital Valley, within the Eastern Economic Corridor (EEC) area for digital industry and innovation investment.
• Kasetsart University Sriracha CampuscoreStrategic or Co-development PartnerIn 2019, depa partnered with Kasetsart University Sriracha Campus as a pilot project for the Digital University initiative to develop digital manpower in IoT, Data Science, AI, Robotics, and Mechatronics skills.
• Thammasat University Pattaya CampuscoreStrategic or Co-development PartnerIn 2020, depa expanded the Digital University network to Thammasat University Pattaya Campus and other interested educational institutions for digital manpower development programs.
• Revenue Department, Ministry of FinanceflagshipStrategic or Co-development Partnerdepa and the Thai Revenue Department jointly offer tax incentives for digital skill development including Tax 250% (Royal Decree No. 778) for employer training expenses and Tax 150% (Royal Decree No. 777) for hiring digitally skilled employees under the Digital Skill Roadmap framework.
• CPS Ever Co., Ltd.minorStrategic or Co-development PartnerCPS Ever Co., Ltd. partnered with depa for the Big Data System for Smart Agriculture project to design infrastructure for Smart Agriculture Platform development and sensor-based data collection systems with 500 measurement points.
• Thammasat University (AI Institute)coreStrategic or Co-development Partnerdepa partnered with Thammasat University to establish an AI Institute focused on digital industry and innovation infrastructure development, digital technology application for economic, social, cultural, and national security benefits, and digital innovation R&D including labs and cloud computing facilities.
• Smart City Thailand Office NetworkcoreStrategic or Co-development Partnerdepa operates the Smart City Thailand Office at its headquarters coordinating smart city development across Thai municipalities and provinces, providing guidelines, promotion criteria, and smart city manual frameworks.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• National Innovation Agency (NIA) Thailand: Thai government agency under the Ministry of Higher Education promoting innovation and startup ecosystems domestically — adjacent peer operating in overlapping innovation-fund and accelerator mandate space alongside depa's Digital Startup Fund.
• Malaysia Digital Economy Corporation (MDEC): Malaysia's national digital economy promotion agency under the Ministry of Communications and Multimedia, operating similar mandates for digital adoption, startup development, smart city programs, and digital FDI promotion across Malaysia — the closest peer to depa in ASEAN.
• Korea Internet & Security Agency (KISA): Korean government agency under the Ministry of Science and ICT promoting internet and digital ecosystem development, including workforce training, SME digital transformation, and standardization programs — a strong functional analog to depa's fund-and-voucher model.
• Infocomm Media Development Authority (IMDA): Singapore's statutory board under the Ministry of Communications and Information overseeing infocomm media development, including digital economy promotion, startup support, AI governance frameworks, and digital transformation programs for SMEs — operating a similar national mandate to depa.
• AI Singapore: National AI program driving AI research, industry adoption, and AI apprenticeship training in Singapore — directly comparable to depa's AI Transformation Program 2569, AI-Preneur Day, and Digital Skill Roadmap initiatives.
• Digital Industry Singapore (DISG): Singapore government entity focused on attracting and anchoring digital and technology investments, comparable to depa's co-administration of BOI digital investment promotion and Thailand Digital Valley / EECd initiatives.

Others

• Thailand Board of Investment (BOI): depa's primary co-promotion partner responsible for Thailand's investment promotion machinery; comparable as an adjacent government promotion agency but with broader (non-digital-only) scope and investment authority that depa leverages rather than competes with.
• G20 Global Smart Cities Alliance: International multi-stakeholder initiative for smart city policy frameworks and standards — relevant to depa as depa hosted the ASEAN Smart Cities Network 2019 and operates the Smart City Thailand Office with comparable policy-development scope.

Regional players

• JETRO (Japan External Trade Organization): Japanese government-related organization promoting foreign investment and business matching into Japan — comparable mechanism (investment promotion with FDI focus) but different geography and broader scope than depa.
• Enterprise Singapore (ESG): Singapore government agency supporting SME development and capability upgrading — comparable to depa's Digital Transformation Fund and Mini Transformation Voucher programs for SMEs, though operating in Singapore rather than Thailand.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/depathailand
• YouTubeyoutube.com/channel/UCwXHoijhO-aJQpIlEmUxB0w/featured
• Facebookfacebook.com/depathai
• Instagraminstagram.com/depathai
• TikToktiktok.com/@depathailand?lang=en

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digital Economy Promotion Agency