Makati Mayor Abby Binay said the city government intends to focus on growing information technology (IT) firms in Makati City by providing a competitive environment, tax breaks, and business registration assistance to start-ups.
Makati Mayor Abby Binay said the city government intends to focus on growing information technology firms in Makati City by providing a competitive environment, tax breaks, and business registration assistance to start-ups.
“Makati is at the early stage of becoming a smart city, and we need the help of IT companies in creating a resource pool so that we can create a smarter work force, which is necessary to keep a city ‘smart,’” she said. Earlier this year, the city was chosen as the pilot city for the Resiliency Innovation Sustainability and Entrepreneurship Challenge, an incubator program of the government, academe, and the private sector that offers a P500,000 equity-free grant and 12-week entrepreneurship training to eight IT start-ups.
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