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Date/Time
29 Jun 2020 17:21:00
Headline
SET News : SET levels up LiVE Platform to boost business opportunity for SMEs, Startups
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SET
Source
SET
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                SET News 34/2020
29 June 2020

SET levels up LiVE Platform to boost business opportunity for SMEs, Startups

BANGKOK, June 29, 2020 - The Stock Exchange of Thailand (SET) has launched the 
www.live-platforms.com website to optimize its LiVE platform to become a hub for
developing SMEs' and startups' growth potential towards sustainability in all
aspects, as well as creating opportunities to access funding through the Thai
capital market, in line with the government's policy to strengthen SMEs' and
startups' as a key mechanism to drive economic growth. The first phase of the
website will focus on education platform knowledge enhancement for entrepreneurs
 starting from today (June 29, 2020) onwards.

SET President, Pakorn Peetathawatchai said that SET is committed to developing 
the capital market for the benefit of all stakeholders inclusively. SET realizes
the power of small and medium enterprises (SMEs) and startups, with a total of
over 700,000 companies nationwide. The stronger they are, the higher and faster
the country's economic growth. SET has always been part of the whole ecosystem
geared up to enhance their competencies.

"Live Fin Corp Company Limited, a SET subsidiary, has recently launched the 
www.live-platforms.com website to reposition the existing LiVE platform as a hub
for SMEs and startups development, truly aiming for strong and sustainable
growth. We will inject fundamental entrepreneurship knowledge, expertise and
roadmap for each business growth cycle, work with our alliances in both public
and private sectors, provide business consultancy, and provide access to key
enterprise system providers, which will totally help enhance efficiency and cost
reduction for entrepreneurs. Once the entrepreneurs could reach a certain
growth level, LiVE platform will be a channel for them to access funding through
 the Thai capital market," said Pakorn.

LiVE Platform contents will be available in three phases as follows:
Phase 1: Education Platform Accessible anytime and anywhere, this online 
learning curriculum for entrepreneurs covers comprehensive knowledge and skills
required for running business such as management & innovation, financial
management & fundraising, including accounting management, among many others. In
addition, more than 270 online learning materials in various formats catering
to entrepreneurs are available free of charge via
www.live-platforms.com/education from June 29, 2020 onwards.

Phase 2: Scaling Up Platform To get businesses ready for fundraising process, 
this phase provides in-depth knowledge, how to establish business structure and
develop key systems that are vital to business operation such as Accounting,
Financing, Taxation systems, and many more. The platform includes business
consultation with experts from different industries, as well as sessions
involving business negotiation network with listed companies' executives. This
phase will be available in Q3/2020.

Phase 3: Fundraising and Trading Platform Utilizing the capital market 
mechanism, this phase will focus on the fundraising process in the primary
market and trading in the secondary market, specially designed for SMEs and
startups. Currently the platform is in the process of compliance with required
regulations, operational system development and communication with related
parties. This phase is expected to be completed by Q2/2021.

For more updated information catering to entrepreneurs, please visit 
www.live-platforms.com or call SET Contact Center 0 2009 9999.

"SET...Make it Work for Everyone"
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