I’m overjoyed whenever I read about young people starting projects that will help improve our society and the world! It sounds like a tall order. But it isn’t! Sometimes, all that young people need are small concrete steps in helping other people. It doesn’t stop there. Most young people would also find ways to generate funds and resources for their projects! That’s what social entrepreneurship is all about. It’s more than charity. More than philanthropy. More than outreach. It’s sustainable development coupled with passion and innovation.
Imagine my delight when I read about this new project called Project Pagsulong!
Project Pagsulong is a partnership of several institutions: PLDT KaAsenso, PLDT Smart, RFM Foods Corporation, and the the Ten Outstanding Students of the Philippines Alumni Community (TOSP – AC).
If you have a burning idea that will help alleviate poverty and generate business revenue at the same time, you SHOULD apply to the Project Pagsulong now!
Objectives of Project Pagsulong
- To help reduce poverty in the Philippines
- To provide a concrete avenue for the youth to be an enabler of social change in Philippine society
- To promote the use of innovative ICT solutions (as a tool) for young and budding Filipino social
- entrepreneurs
Who May Join This Challenge?
- Business proposals will be accepted from a group of a minimum of 3 members and a maximum of 5.
- Each team can only submit one (1) proposal.
- Entrants should be Filipino citizens, 18-30 years old.
- The proposal/venture must be operated independently on its own, and not serve as a sub-project or
- operation of a non-profit organization (international or local), a private company or its subsidiary.
- Existing start-ups may be considered, provided that these have not participated and/or won monetary
- prizes from similar business grants competitions.
Selection Criteria
Social Impact. The project should focus on a specific business or entrepreneurial need and it should address a pressing social need/issue.
Innovation/Invention. The project should demonstrate a new concept or a variation of an existing idea.
Feasibility. The project should be practical and its technology should be applicable and executable.
Team Leadership / Management & Community Participation. It should demonstrate the strength of the team and its capability in executing the project. The plan should include how the team will mobilize communities and stakeholders.
Prizes Up for Grabs
The first prize will receive P500,000; the second will receive P300,000; the third, P200,000 and the People’s Choice will receive P100,000.
Here’s the teaser video of this Project:
Project Pagsulong official website – http://www.projectpagsulong.ph
Twitter – @projpagsulong
Facebook – /ProjectPagsulong
YouTube – http://www.youtube.com/user/projectpagsulong/
Project Pagsulong – 1M Project for Young Pinoy Social Entrepreneurs is a post from: Mighty Rasing