The Quezon City government has provided financial assistance to more than 25,000 residents through the Pangkabuhayan QC program.
“Pangkabuhayang QC is one of our flagship programs for economic recovery. This program has helped not just the individual beneficiaries but also their families because as they build their micro and small businesses, they can provide for their family members,” Mayor Joy Belmonte said.
Pangkabuhayang QC is a livelihood training and capital assistance program that extends options for starting a business to displaced/resigned/reduced-salary employees, micro-entrepreneurs/vendors, persons with disabilities, laid-off overseas Filipino workers, unemployed solo parents and indigent residents of the city.
“We are proud to share that this will continue to be the city government’s permanent program as the city council has approved and signed a city ordinance institutionalizing this initiative. This will no longer just support those affected by pandemic, but more so all eligible aspiring entrepreneurs,” Mona Celine Yap, head of the Small Business and Cooperatives Development and Promotions Office (SBCDPO), said.
For the initial 18 batches which underwent proper screening, 25,407 beneficiaries received capital assistance amounting to P10,000 up to P20,000 depending on their business model.
Under City Ordinance SP 3071, the city government shall continue providing livelihood assistance and training to qualified QCitizens and help boost the local economy of the city.