Investment Updates

Ordinance No. 2021-057 is a pivotal milestone in Naga’s journey toward becoming a Smart City, as it institutionalizes a comprehensive startup development program that nurtures innovation, entrepreneurship, and digital transformation at the local level. By creating a framework of incentives, mentorship, and funding through the Digital Innovation Fund, the ordinance empowers young enterprises to thrive while aligning them with government, academe, and private sector collaboration. This not only accelerates the growth of Naga-based startups but also embeds innovation into the city’s governance and citizen services, positioning Naga as a dynamic hub where technology, creativity, and civic empowerment converge—an essential foundation for its Smart City aspirations.