PEZA (Philippine Economic Zone Authority)
Philippine EcosystemPEZA is the Philippine agency that grants tax breaks to companies, including tech startups, operating inside special economic zones.
Plain-English definitions of startup, funding, AI, and tech terms — with Philippine examples where possible.
PEZA is the Philippine agency that grants tax breaks to companies, including tech startups, operating inside special economic zones.
A pivot is when a startup makes a fundamental change to its product, business model, or target customer based on what it has learned.
A platform is a foundational product that other businesses, developers, or sellers build their own products and services on top of.
Product-market fit is the point when a product finally satisfies real demand — customers keep using it, pay for it, and tell others unasked.
Post-money valuation is a startup's estimated worth right after new investor money has been added, so it always includes that new cash.
Pre-money valuation is what a startup is estimated to be worth right before new investor money is added in a funding round.
Prompt engineering is the skill of writing clear, well-structured instructions to get better answers out of an AI model.