Last October 25, 2008, six individuals were awarded seed capitals for their business proposals submitted to Kapamilya Negosyo Na Season 3. This is a project designed to identify viable livelihood programs in the province of Cebu.
The 3rd season generated the participation of a multitude of people coming from diverse social levels who presented their livelihood proposals in simple written papers. After a series of evaluations and other assessment measures conducted by a panel, organized by the University of San Carlos College of Commerce Alumni association Inc. (COCAAI), the following persons’ project proposals/livelihood programs were considered practical, doable, and with rated degree of reasonable success.
Glicerio Labura – J&J Native Products – Fashion accessories
Emir Balbona – Planters Bio-Boosters – Liquid Organic Fertilizer
Catalina Hazela – K & H Soya Products – Soya health Products
Arquilla Gabucan – cutflower production
Carlito Balag – Herbal Oil
Cristina Agalabia-Glariada – San Isidro Vermicomposters-vermicompost/vermiculture (yours truly)
The awarded seed capital must be used solely devoted to, applied on and used strictly for the capitalization and operation of the proposed livelihood program/business proposal covered by and included in the paper submitted by the beneficiary to the USC-COCAAI. No part of this seed capital shall be spent for any undertaking not related to the business proposal.
As part of monitoring, The USC-COCAII shall conduct on the spot follow-up, check or audit on the livelihood program of the beneficiary. If ever the beneficiary did not use the funds according to the paper submitted, the beneficiary must return the full amount given.