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Investment Updates

Videos, news updates, and more. Bookmark this page to keep updated on the latest in the business community in Metro Naga.

Updates on the Investments Scene

P1M DOST Fund turned over to Naga for LoRaWAN Infrastructure Enhancement

THE CITY GOVERNMENT OF NAGA has taken a significant step toward realizing its vision of being a smart and sustainable city by partnering with DOST V and Ateneo de Naga University to implement the project, “Empowering Naga City by Enhancing LoRaWAN Infrastructure for a Sustainable Smart City Future.” The initiative seeks to enhance the city’s technological capabilities by expanding its Long Range Wide Area Network (LoRaWAN) infrastructure, a vital component for Internet of Things (IoT) applications and smart city advancements. As part of this program, DOST V, through DOST Camarines Sur, officially turned over the project funding of One Million…

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A Stronger Startup Community for 2025!

The Naga City Startup Community Assembly brought together startups, startup enablers, and key players last December 12, 2024 at Taste of Spice Naga City. It was an inspiring and productive afternoon of looking back at the year’s highlights, revisiting the startup strategic plan, and planning for the future as we discussed ways to strengthen our startup ecosystem through HaKa Naga. With meaningful conversations and a collective focus on 2025 goals, the community is motivated to produce more homegrown startups. From shared insights to actionable plans, we’re all set to drive innovation and bring more ideas to life.

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“There is a direct relationship between brain drain and poverty of a region. Understanding this, I courageously founded over a decade ago my first formal startup, an Apple iPad POS company, with the goal of creating job opportunities that will make our best and brightest software engineers stay in Naga City. It was very, very difficult then. Today, this ordinance, I foresee, will encourage more founders and startups to flourish in our Maogmang Lugar. Then give them 2-3 years, our city will begin seeing their contribution to the local economy and job creation through their innovative products and services, coupled with newer business models. This could be our way to becoming a ‘Startup City’.”

Magno Edilberto R. Conag III

CEO, Nueca Technologies Inc.

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