P100K MAKATI ASSISTANCE AND SUPPORT TO BUSINESSES (MASB)
An Economic Relief Program For All Makati Registered Businesses

The P100K Makati Assistance and Support to Businesses (MASB) Program is a grant given by the City Government of Makati, headed by its Mayor, Hon. Abby Binay, to ALL registered Businesses operating in, and employs residents of, Makati City. In addition to providing funds needed by registered Businesses to survive the current COVID-19 pandemic, the MASB Program will also pump prime the local economy as well as promote the continued employment of Makatizens.

Under the MASB Program, qualified Businesses will be entitled to grants ranging from P10,000 to P100,000 depending on the type of business and the number of Makatizens employed by the Business.

  1. Who are qualified for the P100K MASB Program?

    To qualify, a business must meet the following basic criteria:

    1. located and operating in Makati City, including branches that are registered and operating in Makati City even if its head office is outside Makati City; provided, that the Makatizen is employed by and works in the Makati branch;

    2. has a valid Business Permit for the calendar year 2020;

    3. up to date on its business tax and has no outstanding or unpaid assessment for delinquent taxes issued by the City Government of Makati.

  2. How much can a qualified Business receive under the P100K MASB Program?

    The amount of financial assistance to be granted will be determined by the ownership of the business and the number of Makatizens it currently employs, as follows:

    1. SME with Special Business Permit endorsed by Makati Barangay Business Association

      100% owned by a Makatizen with NO Makatizen employee P 10,000.00
      NOT owned by a Makatizen with 1 to 2 Makatizen employee/s P 10,000.00
      100% Owned by a Makatizen with 1 to 2 Makatizen employee/s P 15,000.00
      Owned/Not Owned by a Makatizen with more than 2 Makatizen employees P 20,000.00

    2. All other Businesses

      100% owned by a Makatizen with NO Makatizen employee P 15,000.00
      Owned/Not Owned by a Makatizen with 1 to 3 Makatizen employee/s P 20,000.00
      Owned/Not Owned by a Makatizen with 4 to 6 Makatizen employees P 40,000.00
      Owned/Not Owned by a Makatizen with 7 to 9 Makatizen employees P 60,000.00
      Owned/Not Owned by a Makatizen with 10 to 12 Makatizen employees P 80,000.00
      Owned/Not Owned by a Makatizen with more than 12 Makatizen employees P 100,000.00

  3. Who are considered as Makatizens?

    4. A Makatizen refers to any person at least 18 years of age who is:

    1. A resident within the territory of Makati City or in the relocation areas provided by the City Government of Makati in Calauan, Laguna and San Jose, Bulacan; AND

    2. Registered as a Makatizen cardholder, a beneficiary under the Makati Health Plus (Yellow Card Program), OR a voter in Makati City.

  4. Is proof of employment required?

    5. Yes. Proof of employment of the Makatizen can be any official filing by the Business with the BIR, SSS, PhilHealth or HDMF (e.g., Alpha List submitted to the BIR).

  5. How long should the Makatizen/s have been employed by the Business prior to the submission of the application for the MASB Program?

    6. There is NO minimum period of employment of the Makatizen/s required prior to the submission of the application for the MASB program.

  6. How long should the Business have been operating prior to the submission of the application for the MASB Program?

    7. There is NO minimum period of operation required for a Business prior to the submission of the application for the MASB Program.

  7. How will the financial assistance under MASB Program be released?

    8. The MASB Program will release amounts directly to the suppliers and employees of the Businesses.

    Instead, a MASB Credit Account in favor of the Business will be created. The Business shall then give instructions to remit amounts from its MASB Credit Account (called the “Drawdown”) to the accounts of the following:

    1. registered and accredited employees (who may or may not be residents of Makati City) for their salaries and allowances; and/or

    2. registered and accredited suppliers (who must be located and registered to do business in Makati City).

    The Business is allowed a maximum of P10,000 per Drawdown.

  8. What are the Terms and Conditions of the MASB Program that the Business must comply with?

    9. During the 24 months immediately following the approval of the application for the MASB Program, the Business shall:

    1. maintain the number of Makatizen employees declared in its application (when applicable);

    2. continue to operate in Makati City; and

    3. comply with all ordinances of Makati City (including, but not limited to, payment of proper taxes) as well as the Department of Trade and Industry’s (“DTI”) guidelines on safety protocols.

    IF THE BUSINESS COMPLIES WITH ALL OF THE TERMS AND CONDITIONS OF THE MASB PROGRAM, IT SHALL NOT BE OBLIGATED TO REPAY THE DRAWDOWNS MADE FROM THE MASB CREDIT ACCOUNT.

  9. What will happen if the Business fails to meet any of the Term and Conditions of the MASB Program?

    10. If the Business:

    1. fails to maintain the number of Makatizen employees declared in its application, OR

    2. is cited for violating any of the ordinances of Makati City or DTI’s guidelines on safety protocols, OR

    3. for whatever reason closes its business or ceases to operate in Makati City, Then –

      1. The Business shall be obligated to repay the Drawdowns in full within 30 days from the date of non-compliance.

      2. If the Business fails to fully pay the Drawdowns within the 30-day period, its business permit shall be immediately cancelled.

      3. Moreover, the owner/director/officer of the Business who jointly executed the Undertaking Agreement (the “Authorized Representative”) shall also be made personally liable for the repayment of the Drawdown in the event the Business commits any breach of its undertakings

      4. In the event the Drawdown is not paid within the 30-day period, the Drawdown shall earn a simple interest at the rate of 0.5% per month (or 6% per annum).

      5. Finally, the Business and the Authorized Representative shall be placed on a watchlist and their businesses shall be prohibited from obtaining or renewing their business permits in Makati City until they fully pay the Drawdowns made from the MASB Program.

  10. How can one apply for the MASB Program?

    11. Businesses that meet the basic criteria in Item 1 can file their application online, as follows:

    1. Go to www.proudmakatizen.com. Click the icon ”Apply for MASB Program/Grant”.

    2. Enter the Business ID of the Applicant (as indicated in the Business Permit issued by the City Government of Makati to the Business)

    3. If the Applicant is (i) duly registered with the BPLO, and (ii) up to date on its business tax with no outstanding or unpaid assessment for delinquent taxes issued by the City Government of Makati, the application form for the MASB Program will be shown, with certain fields automatically filled-out. THE APPLICANT MUST CONFIRM THE ACCURACY OF THE DATA SHOWN IN THE FIELDS.

    4. The Applicant must indicate the total number of employees and who among said employees are Makatizens.

      5. The Applicant will then fill out the table requiring pertinent information on its Makatizen employees, such as:

      Name of Employee Makatizen Card No. or Yellow Card No. or Brgy. where they vote Address Date of Birth Position Salary / Allowance Mobile No
                   
                   
    5. Next, the Applicant will fill out the table requiring information on its suppliers. The Applicant must indicate the suppliers it intends to receive payments under the MASB Program as well as the amount normally paid and the frequency of payment to said supplier:

      6. Name or Supplier Merchant Code Address Goods/Services Provided by Supplier Average Payment made to Supplier Frequency of Payment (daily/weekly/monthly) Mobile No
                 
                 

      If the supplier of the Applicant is located outside Makati City, it will not be qualified to receive payments out of the MASB Program. The City Government of Makati will, however, provide the Applicant alternative MASB registered merchant suppliers operating within Makati City from whom the Applicant may choose a new supplier.

    6. The Applicant must accept the terms and conditions of the MASB Program.

    7. The Applicant must DOWNLOAD a copy of the filled-out Undertaking Agreement which must be signed by the Applicant and the Authorized Representative (they can be the same person) who shall be jointly and severally liable for the obligations therein. The Undertaking Agreement must be notarized.

    8. After DOWNLOADING a copy of the Undertaking Agreement, Phase 1 of the application process for the MASB Program is deemed completed.

    9. Phase 2 of the application process starts when the Applicant uploads via the MASB portal (go to www.proudmakatizen.com then click the ” Apply for MASB Program/Grant” icon and enter the Business ID of the Business) the digital copies of the following documents:

      1. Secretary’s Certificate authorizing the corporation or partnership, as the case may be, to apply for the MASB Program (notarized);

      2. Undertaking Agreement signed by the authorized representative of the Applicant and the Authorized Representative (can be the same person) (notarized); and

      3. latest official filing by the Business with the BIR, SSS, PhilHealth or HDMF showing that the Makatizen is an employee of the Business (duly stamped received by the appropriate government agency).

      The Applicant will receive an email message confirming receipt of the documents within 24 hours.

      Members of the Makati Action Center team or barangay personnel will get the original copies of the (i) Secretary’s Certificate, (ii) Undertaking Agreement, and (iii) proof of employment, at the registered address of the Applicant.

    10. The application shall be processed, the information validated, and the documents examined within 14 days from receipt of the complete documents in Item 10(i) above. The Applicant will receive an email message from the City Government of Makati stating whether its application for the MASB Program has been approved or disapproved.

  11. Until when will the MASB Program be open to accept applications?

    12. The MASB Program shall be open for applications until 31 December 2020.

  12. How will drawdowns be made from the MASB Credit Account?

    1. Approved applications may go to the portal www.proudmakatizen.com then click on ”Apply for a MASB Grant/Program”.

    2. Enter the Business ID of the Business.

    3. Choose “Pay Supplier” or “Pay Employee”. Fill in the details needed, including the amount to be remitted to the registered and accredited employee/s and MASB registered merchants/supplier/s.

    4. Click “Submit”.

      The Business shall receive an email message confirming the payment instruction.

    5. Remittance of the amount to the account of the employee or supplier, as the case may be, shall be done within 24 hours from receipt of the message confirming the payment instruction. The payment received by the employee or supplier shall be in the form of e-money which can be immediately used or withdrawn by the employee or supplier. Next business day, if request falls on a weekend or holiday.

    6. The Business shall receive an email confirming that the remittance of the amount to the account of the employee or supplier has been completed.

  13. Until when can the Business make drawdowns from the MASB Credit Account?

    14. The Drawdowns can be made until 30 June 2021.

Proud Makatizen
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