Thailand Science Research and Innovation

Name

Thailand Science Research and Innovation

Legal name

Thailand Science Research and Innovation

Website

https://tsri.or.th

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Government Research Funding

NAICS

Grantmaking and Giving Services (81321)

akta.pro primary industry

Science, Technology & Innovation Administration (National R&D Policy) (BPAIAAAK)

akta.pro secondary industries

Research & Science Grantmaking Foundations (BPAGAKAI), Trust Funds & Multi-Donor Pooled Funds (BPADAOAE), Health Research Funding Agencies (Public/Quasi-Public) (HLAJALAB)

Keywords

• Government research funding
• Science research grants
• Innovation funding programs
• R&D co-funding
• National research grants

Headquarters

HQ city

Phaya Thai

HQ country

Thailand

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Distribution channels2 records

Marketing channels2 records

Core offering

TSRI is a Thai government organization that funds and coordinates national science, research, and innovation programs. It disburses grants and co-funding to Thai universities, research institutes, and companies conducting R&D activities, primarily through two programs: the Thailand RISE Fund (focused on converting academic research into economic and social impact across four strategic pillars) and the Innovation ONE Fund (a collaborative initiative with the Federation of Thai Industries supporting innovation companies). It also operates international co-funding partnerships such as with the GHIT Fund for infectious disease research.

Product overview

Thailand Science Research and Innovation (TSRI) is a government research funding organization that operates national funding initiatives. The organization manages two primary funding programs: the Thailand RISE Fund (a rebranded national funding initiative with four strategic pillars focused on converting academic research into economic and social impact) and the Innovation ONE Fund (a collaborative initiative with the Federation of Thai Industries supporting innovation companies, including clean energy firms). These funding programs provide opportunities to Thai universities, research institutes, and companies conducting R&D activities, while building on Thailand's expertise in parasitic and infectious disease research and broader innovation ecosystems.

Differentiator

Problem solved

Functional benefit

Products and services

• Thailand RISE Fund A national funding initiative designed to accelerate the transition of academic research into tangible economic and social impact. It operates under four strategic pillars and aims to bridge the gap between research institutions and industry by emphasizing proof of impact over publication numbers. Targeted at Thai universities, research institutes, and innovation companies.
• Innovation ONE Fund A collaborative funding initiative between Thailand's Federation of Thai Industries and the Science Research and Innovation Promotion Fund, providing investment and funding opportunities for innovation companies, including clean energy firms. Supports companies progressing toward planned listings on the mai stock exchange. Targeted at Thai innovation companies, with ION Energy Corporation (clean energy) as the first recipient for Smart Energy Platform development.

Quantifiable outcome

• Partnership with GHIT Fund enhances research capabilities targeting malaria, TB, NTDs, and pandemic-potential diseases

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• GHIT Fund (Global Health Innovative Technology Fund)coreStrategic or Co-development Partner · 30 March 2026TSRI and GHIT Fund signed a memorandum of understanding on March 30, 2026, to establish a co-funding partnership for R&D targeting malaria, tuberculosis, neglected tropical diseases (NTDs), and other infectious diseases with pandemic potential. The partnership provides additional funding opportunities to Thai universities, research institutes, and companies conducting R&D activities in Thailand. The collaboration aims to enhance research and innovation ecosystems in both Thailand and Japan while facilitating knowledge sharing through joint workshops and collaborative networks, and advancing product development for drugs, vaccines, and diagnostics.
• Innovation ONE Fund (Federation of Thai Industries)coreStrategic or Co-development Partner · 30 January 2026Innovation ONE Fund is a collaborative initiative between Thailand's Federation of Thai Industries and Science Research and Innovation Promotion Fund. ION Energy Corporation became the first clean energy company to receive funding from this initiative, with investment directed toward advancing its Smart Energy Platform for residential solar energy management. The fund supports companies progressing toward planned listings on the mai stock exchange.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• U.S. National Science Foundation (NSF): The largest national science funding agency globally. Comparable as a national R&D funder, though operating at substantially greater scale and broader thematic scope than TSRI.
• UK Research and Innovation (UKRI): The United Kingdom's national funding body for research and innovation. Comparable in mandate and structure (national umbrella funding multiple research councils), though operating across a far larger and more diversified research base than TSRI.

Direct peers

• Vinnova: Sweden's national innovation agency funding research and commercialization. Comparable in its explicit emphasis on bridging academic research and industry impact — a model that mirrors TSRI's Thailand RISE Fund direction.
• National Research Foundation of Korea (NRF): South Korea's central national research funding agency. Comparable in role as the primary government body distributing competitive R&D grants to universities and institutes, with a similar mandate to coordinate national science policy.
• Japan Science and Technology Agency (JST): Japan's core national R&D funding agency. Directly comparable as a government-established grantmaking body that funds universities and companies; also a natural bilateral partner given TSRI's GHIT Fund collaboration.
• Agency for Science, Technology and Research (A*STAR): Singapore's national R&D agency funding and conducting research across public and private sectors. Comparable as a national innovation funding administrator in a Southeast Asian economy, with a more developed commercialization pipeline than TSRI.
• National Research Council of Thailand (NRCT): Thailand's other principal government body for research funding and policy. Directly comparable as a domestic national R&D funder serving Thai universities and research institutes, though NRCT focuses more on basic research while TSRI emphasizes innovation and commercialization.
• GHIT Fund (Global Health Innovative Technology Fund): Japan-based international R&D funding partnership focused on global health. Comparable as a co-funding partner for infectious disease R&D, and the most direct recent peer given TSRI's March 2026 MOU.

Regional players

• Indonesian Institute of Sciences (BRIN): Indonesia's national research and innovation agency formed by merging prior research bodies. Comparable as a Southeast Asian national R&D funding and coordination body, though primarily serving Indonesian applicants.

Others

• Ministry of Higher Education, Science, Research and Innovation (Thailand): The Thai ministerial body overseeing science, research, and innovation policy under which TSRI operates. Relevant as the upstream policy and budget authority governing TSRI's mandate and funding.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/TSRI_official
• Facebookfacebook.com/ThailandScienceResearchandInnovation
• LinkedInlinkedin.com/company/thailand-science-research-and-innovation-tsri

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Thailand Science Research and Innovation