US Embassy and Go Negosyo Partner to Empower Young Entrepreneurs

PHOTO CAPTION: Cezar Chan and Mariel Obregon are presented with their prizes during the YEDW Iloilo.

Go Negosyo in partnership with United States Embassy launched the Youth Entrepreneurship Development Workshop recently to extensively empower young entrepreneurs. We are fortunate to have a partner who shares the same vision and willingness to help innovative young entrepreneurs in the Philippines.

YEDW is a developmental three-day workshop for existing Filipino young entrepreneurs and young aspiring entrepreneurs (with actual business ideas).  We held the first leg in Makati, followed by Iloilo and soon in Zamboanga City and Batangas City.

The four initial workshops will include training, networking, and mentorship opportunities, with Go Negosyo angelpreneurs, as well as U.S. exchange program alumni.  At the conclusion of each workshop, a panel of judges from the American and Filipino business communities will vote on the best plans to innovate and expand their businesses.  One finalist from each city will receive a P30,000 grant with the exception of the grand prize winner, who will receive P100,000.

Finally, the top ten participants from each workshop will be invited to Manila to participate in a final workshop that will coincide with the 2015 APEC Ministerial meetings in November 2015.

In our Manila run, we had different innovative ideas on agriculture, technology and more.  Our winner from the existing entrepreneurs is Flora Sanosa who hails from Leyte and is managing FDIC Broilers which distributes broiler chickens to their community. She joined the workshop to learn more about marketing and finance since the business is just 9 months old. Rachel Devilla, an aspiring entrepreneur from Quezon City, wants to integrate technology and agriculture through her website Cropital. Her concept links the farmers to the consumers via internet.

Recently we launched the YEDW program in Iloilo. Cezar Chan III who won in the young entrepreneur category has his passion and interest in music that is why he pursued having a business related to it. He is the general manager of Alto Audio Design Center which offers world-class audio service to its clients.

Mariel Obregon, the Iloilo winner in the business idea category, is from Samar. Her business idea transforms an agricultural waste into a construction material. Her idea amazed many of the judges and encouraged to start her idea as soon as possible.

This is what we aim in this program: to flesh out creative ideas from aspiring entrepreneurs and empower them to start their own businesses. As for the existing entrepreneurs, this workshop guided them on how to sustain their enterprise as they continue to move forward.

For more information on YEDW, visit www.gonegosyo.net/YEDW

 

Mr. Ramon Lopez, Executive Director of Go Negosyo.

Mr. Ramon Lopez, Executive Director of Go Negosyo.

​Michael Berrera, Consular Officer, US Embassy Manila, Tess Dimaculangan, Ramon Lopez, Pete Davis, Economic Officer, US Embassy Manila, and Elizabeth Liu, Asst. Cultural Affairs Officer, US Embassy Manila. ​

​Michael Berrera, Consular Officer, US Embassy Manila, Tess Dimaculangan, Ramon Lopez, Pete Davis, Economic Officer, US Embassy Manila, and Elizabeth Liu, Asst. Cultural Affairs Officer, US Embassy Manila. ​

Stella Sy of Mint, Go Negosyo Inspiring Filipna Awardee 2015.

Stella Sy of Mint, Go Negosyo Inspiring Filipna Awardee 2015.

Marc Reyes, a young entrepreneur from Pasig City, joined in the YEDW Manila run to enhance his entrepreneurial skills. His passion is in fashion that is why he wanted to establish a company that will specialize in bowties and neckties.

Marc Reyes, a young entrepreneur from Pasig City, joined in the YEDW Manila run to enhance his entrepreneurial skills. His passion is in fashion that is why he wanted to establish a company that will specialize in bowties and neckties.

 

Flora Sanosa and Rachel Devilla won 30,000 and 10,000 respectively for their business concepts and ideas presented in the YEDW Manila run.

Flora Sanosa and Rachel Devilla won 30,000 and 10,000 respectively for their business concepts and ideas presented in the YEDW Manila run.

The delegates during the Iloilo leg of YEDW.

The delegates during the Iloilo leg of YEDW.

 Elizabet Liu, Asst. Cultural Affairs Officer, US Embassy Manila, took part of the judging of the business ideas.

Elizabet Liu, Asst. Cultural Affairs Officer, US Embassy Manila, took part of the judging of the business ideas.

Jaime Garchitorena, President and CEO of Credit and Information Corporation discussed the Special Topic: Improving Credit Availability through Credit Information.

Jaime Garchitorena, President and CEO of Credit and Information Corporation discussed the Special Topic: Improving Credit Availability through Credit Information.

Dr. Mario Lamberte, Team Leader to Access to Credit, USAID COMPETE Project.

Dr. Mario Lamberte, Team Leader to Access to Credit, USAID COMPETE Project.

 


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