Republic Acts1 min read
Section 4Sec./Art. 4
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Philippine Startup Development Program. There is hereby created a Philippine Startup Development Program hereinafter referred to as the "Program".
The Program shall be composed of programs, benefits, and incentives for startups and startup enablers promulgated through the respective mandates of national government agencies, and through additional mandates provided by the provisions of this Act. The Program shall also include programs, benefits, and incentives for startup and startup enablers extended by NGOs in partnership with any national government agency.
The DOST, DICT, and DTI shall be the lead agencies that shall assess, monitor, develop and expand the Program consistent with, the objectives of this Act. To this end, the DOST, DICT, and DTI, in consultation with government and NGOs, shall set key metrics to track the impact and development of the Program.
The DTI shall promulgate the rules for the efficient registration and assessment of startup enablers to be registered under the Program.
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