POC, business tycoons, patrons form special incentive trust fund - BusinessWorld Online

📆 13/07/2022 07:30 p. m.
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The POC is teaming up with business tycoons and top sports patrons Manny V. Pangilinan (MVP), Ramon S. Ang and Charlie Gonzales of Uticon Builders, Inc. in forming a special incentive trust fund for future Filipino medalists in international meets.

POC President Abraham Tolentino said the trust fund is aimed at giving extra motivation for the national athletes who are preparing for at least two major sporting events — the Phnom Penh Southeast Asian Games and Hangzhou Asian Games — all set next year.

“The POC expresses its gratitude to Mr. RSA and Mr. MVP for their relentless and enthusiastic support to the trust fund, which is envisioned to inspire our athletes to level up further in their pursuit of victories overseas,” said Mr. Tolentino. The POC under the mayor from Tagaytay started rewarding cash bonuses to medalist athletes in last year’s Tokyo Olympics and last May’s Hanoi Games where the organization released a total of P11.150 million in cash bonuses to 417 athletes who harvested 52 gold, 70 silver and 105 bronze medals in Vietnam.

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