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BAAC moving forward to revolutionize Thai agriculture under a real model – Post Today Financial News – Stocks

The BAAC moves forward with the Thai agricultural revolution under a real model.

On October 27, 2021 at 10:30 p.m.

The BAAC moves forward with the Thai agricultural revolution under a real model. open to the public Participate in innovations in transformation Win a total prize money of 8.4 hundred thousand baht.

Mr. Thanarat Ngamwalairat, Manager of the Bank for Agriculture and Agricultural Cooperatives (BAAC) revealed that BAAC recognizes the importance of innovation development. by supporting the drive of corporate innovation and agricultural innovation to develop add value to the agricultural sector Therefore, the project “BAAC Hackathon and Incubator, Agricultural Revolution or revolutionary Thai agriculture to grow sustainably” to create, search and develop innovations that will answer the question, “Why do some farmers have been farming their whole lives? But still unable to transcend the poverty line.” and giving opportunities to outsiders, including students, students or the general public Those interested can participate in the show of creativity and show their ability to develop innovative products in the form of real prototypes that take the least time to build (Minimum Viable Products : MVP).

The key issues BAAC set out to develop innovations consist of 4 topics: Thai rice in the international market – Finding technology and innovations that will be able to develop and improve Thai rice to have quality and value equivalent to the international market. Dairy Farmers – Let’s find ways to adapt and cope so that Thai dairy farmers can survive under free trade. Agriculture for healthy food – looking for ways to adapt to the trend of future consumers who care more about healthy food. and agricultural supply chains – find ways to develop agribusiness systems This allows all groups of people involved in the agricultural chain from upstream to downstream to benefit universally.

The project has selected participants from the number of applicants from more than 90 teams who have proposed innovative ideas according to the given problems. Let’s find 18 outstanding teams to participate in the hackathon activities during 23 – 24 October 2021 to get to know the team of innovators. Ready to answer in-depth questions Share experiences, problems encountered and the main aims of the BAAC, including exploring possibilities that will lead to innovative designs to further develop BAAC’s products and services and meet the needs. of customers as much as possible Then, from 18 teams to 9 teams will be selected to participate in activities in the incubator round to bring innovative ideas to make real prototypes, with BAAC staff joining each team to provide advice and joint development. and gaining potential in Bootcamp activities, then presenting innovations to the committee to find the winners of the Demo Day round on February 25, 2022. The winner of the Demo Day round, a prize money of 200,000 baht and a trophy. runner-up award Prize money valued at 100,000 baht, 2 prizes. Teams that qualify for the Incubator will receive a prize of 50,000 baht and teams that qualify for the hackathon will receive a prize of 5,000 baht.

Mr. Thanarat added that this project marks the beginning of the BAAC as a center for agricultural technology and innovation. by aiming to expand creativity lead to innovation To increase business opportunities and create added value in agriculture through the use of digital technology as well as connecting technologies and innovations from external networks This will lead to a revolution in the country’s agricultural sector to be able to grow sustainably and to improve the quality of life of Thai farmers.

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