Section 7Sec./Art. 7

General Registration and Operational Benefits and Incentives. -Host agencies shall be authorized to provide the following benefits and incentives to startups and/or startup enablers who have passed their selection and application process:

(a) Full or partial subsidy for the registration and cost in the application and processing of permits and certificates required for the business registration and operation of an enterprise with the appropriate local or national government agencies;

(b) Endorsement of the host agency for the expedited or prioritized processing of applications with other government agency;

(c) Full or partial subsidy for the use of facilities, office space, equipment, and/or services provided by government or private enterprises or institutions;

(d) Full or partial subsidy in the use of repurposed government spaces and facilities of the host agency as the registered business address; and

(e) Grants-in-aid (GIA) for research, development, training, and expansion projects.

Provided, That the full or partial subsidies provided by the host agency may be incorporated in the approved GIA of the startup or startup enabler, or may be issued through vouchers issued by the host, agency.

The DTI shall be the agency tasked to initiate and coordinate with national and local government agencies involved with the registration, licensing, certification, including those who levy fees and charges for services subsidized by host agencies, and such other regulatory process to be undertaken by startups and startup enablers endorsed by host agencies.