Edit Content
Investor

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

Aspiring startups undergo pitching challenge in Idea2Startup Batch 4

NAGA CITY – Twenty-one (21) chosen startup teams participated in the Pitching Challenge organized by the Naga City Investment and Tourism Promotions Office (ITPO) at the CMO Conference Room located in the City Hall Compound last April 25, 2025. Student groups from Ateneo de Naga University, Bicol State College of Applied Sciences and Technology (BISCAST), Naga College Foundation, and the University of Nueva Caceres delivered five-minute presentations to demonstrate their creative concepts to a panel of judges. Chaired by ITPO Executive Director Reuel Oliver, the judging panel included members of the Startup Development Committee. After each presentation, a comprehensive Q&A…

Read More

“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.

Follow us on social media