50 GenSan MSMEs to get incentives, recognition

Philippine News Agency
January 11, 2021

GENERAL SANTOS CITY – Some 50 micro, small and medium enterprises (MSMEs) here are set to receive cash incentives and recognition from the city government for renewing early their business permits.

Geraldine Zamora, head of the business permits and licensing division (BPLD), said Monday the concerned MSMEs are the first 50 clients or “early birds” of the ongoing annual renewal and application of business permits.

She said 10 of them will receive cash incentives of PHP5,000 each while the remaining 40 will get plaques of recognition from the local government.

The 10 “early birds” are the Korean Martial Arts Training Gym Inc., Pelitso Fatimarkette, Baby Kim Special Pork Chicharon, RRLR Coco Lumber, Rhea Trucking Services, Admore Media Advertising, Vanessa & Danny Rice Retailer, Debonair Tailoring, Fastlane Cocktail & Music Lounge and Cathy Rica Boarding House.

Zamora said these establishments were the first that submitted complete application requirements and paid the corresponding fees.

She said the recognition scheme, which started six years ago, is aimed to encourage business establishments to renew their permits and register their businesses early.

"Before we started this program, only a few businesses usually show during the first few days of the renewal period. So we thought of introducing giving awards to the early birds as incentive,” she told reporters.

Zamora said they are currently determining the MSMEs that are consistently in the top 50 of their list to recognize them as “Hall of Famers.”

The renewal and application period started last Jan. 4 and will end on Jan. 20 unless extended by the city government.

The BPLD is targeting to process and issue around 7,000 business permits until the end of the renewal period. (PNA

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