Social Entrepreneurship Is Everyone's Business

Manila Bulletin, April 6, 2014 | Go to article overview

Social Entrepreneurship Is Everyone's Business


Remember the time when we were so into frozen yogurt that random yogurt shops started popping up everywhere? Or that milk tea trend that also encouraged tea places and cafes to open all over the Metro. If there is one thing we Filipinos arent afraid of, its change. Change in the sense that we are always open to new developments and innovation or whatever it is that can make our society more advanced. Although this change is good, we cant help but forget the other side to all these developments they are the millions of Filipinos fighting their way out of poverty and going through extreme circumstances just to be able to survive another day. [caption id="attachment_122516" align="alignright" width="300"] SENATOR Bam Aquino talks about his bills that encourage the youth to go into social entrepreneurship.[/caption] We talk of inclusive growth in our country but all that ever grows is the number of unemployed, crime rate, and number of Filipino business owners who close down. Before we blame the government for poverty still being a problem, we should stop, think, and look at the mirror, at ourselves and at what we could do to help end this problem. This can actually be done through the not-so-new trend that deserves a big comeback, and that is social entrepreneurship. THE KEY TO INCLUSIVE GROWTH How can social entrepreneurship lead to jobs? This was the topic for the 2nd Development Discussions held at the World Bank-Philippines Headquarters last March 24. The project, a joint effort of the Ateneo School of Government and the World Bank, is a series of talks about key national issues where people can engage the countrys top decision and policy makers, notable figures in the development sector, and opinion leaders in a dialogue about contemporary and relevant social issues. As graduation season is upon us, it was just fit for young professionals, students and people from the different fields in society to discuss about the looming problem of inclusive growth and the lack thereof. Senator Paolo Benigno Aquino IV, chairperson of the Trade, Commerce and Entrepreneurship Committee in the Senate led the discussion, talking about how we can trickle down inclusive growth in our country. He is currently pushing for the GoNegosyo bill in the Senate right now which has already passed the third reading. The bill aims to address the unemployment rate by speeding up the current business registration process and boosting support for micro, small and medium enterprises. Sen. Aquino is also advocating for the Youth Entrepreneurship bill, which seeks to integrate entrepreneurship into our secondary and tertiary education curricula; facilitate grants both for the teaching and the practice of entrepreneurship; and develop a national youth entrepreneurship program to provide support to young entrepreneurs. …

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