BPI Sinag

BPI Sinag aims to empower Social Entrepreneurs (SEs) in uplifting Filipino communities and scaling their businesses by addressing the triple bottom-line (people, planet, and profit) through opportunities for technological, social, and market innovations.

In a social enterprise, the poor and marginalized become participants in economic development as workers, suppliers, customers, or owners. Social entrepreneurship advocates for inclusive development.  Changes are inevitable and thus evolution is made possible.

In its 8th year, the Sinag theme is Evolution, an appropriate representation of the improvements over time of the Sinag program, to better address the needs of social enterprises. Sinag continues to elevate its impact on social enterprises not just from a capacity building perspective, but through a multi-stakeholder approach that now highlights 3 pillars:  social entrepreneurs, the academe, and the intervenors or sub-sectors. 

BPI Sinag Evolution 2022 program aspires to build on the success of the National Social Enterprise Development Roadmap last year by translating the roadmap strategies into viable programs. Its main components were designed to support the objectives of the roadmap that focus on developing social entrepreneurship in the country: 

1. It entails the building of social capital involving the different stakeholders such as corporate institutions, cooperatives, NGOs, academe, and the government. 
2. It necessitates the building of intellectual capital through the establishment of a knowledge management hub.  
3. It intends to build community capital by scaling up the SE registry and by providing market access through the Sinag Sari-Sari Store.  
4. Being true to its roots, it also targets to build human capital through its bootcamps and mentoring sessions to be participated by SEs, educators, and intervenors.  
5. The program will culminate in an event through the holding of the second Philippine Social Enterprise Summit late this year to showcase the program’s milestones. 

BPI Foundation and Bayan Academy have partnered once again to recognize and support more sectors covered by the National Social Enterprise Development Roadmap, a research endeavor shared in last year’s Philippine Social Entrepreneurship Summit. This year, BPI Sinag will have programs and grants for 3 key pillars of social entrepreneurship and development - the social entrepreneurs, the educators, and the key support SE intervenors.

From the academe

• Applicants should be school heads or principal, administrators, academic coordinators, education program specialists in curriculum development, master teachers, and other teachers handling entrepreneurship and business management subjects.
• The applicant must be endorsed by the principal, president, or division superintendent with their intent to participate in the program and to offer entrepreneurship or social entrepreneurship.
• Must comply and submit a proposal to include social entrepreneurship as an integration to existing business-related subjects or development as a stand-alone subject.
• Must prepare and participate in the pitch to qualify and have access to the grant for the school implementation plans.
• If selected as top winners, the authorized representative and the school must comply with the Tripartite Agreement with Bayan Academy and BPI Foundation to release the cash grant.
• Submit a copy of proof of registration of the school/institution (e.g. SEC and/or permit to operate).
• Must have a valid school bank account and not a personal account of the attendee.
• Must have an official receipt of the school/institution.

From the social enterprises community

For social entrepreneurs:

• Must be at least 18 years old.
• Must lead a registered social enterprise operating for at least six months.
• Must be willing to undergo and complete the online bootcamps to qualify in the business pitch and access to the grant.
• Must register as a member of the Sinag SE Registry Page on Facebook at http://bit.ly/JoinTheSinagSocialHUB.
• If selected as top winners, the SE owner and the enterprise must comply with the Tripartite Agreement with Bayan Academy and BPI Foundation to release the cash grant.

For social enterprises:

• Proof of registration 

1. For sole proprietor – Business Permit and DTI Registration
2. For corporation – Business Permit and SEC Registration

• Not a former top 10 Sinag winner.
• Latest financial statement of the social enterprise (preferably audited financial statements if available).
• The social enterprise must address a specific social problem and defined social impact such as Agriculture (agribusiness and agroindustry), Healthcare, Education, Energy, Technology, and other sectors included in the Sustainable Development Goals of the United Nations.
• Must have a valid bank account associated with the social enterprise and not a personal account of the social entrepreneur.
• Must have an official receipt of the social enterprise.
• If selected as top winners, the enterprise must comply with the Tripartite Agreement with Bayan Academy and BPI Foundation to release the cash grant.

From the social entrepreneurship support intervenors

• Applicants should be designers, developers, and implementers of livelihood or CSR programs.
• Must be endorsed by the organization head to participate.
• Must be willing to undergo and complete the online training.
• Must comply and submit a proposal to include social entrepreneurship as an integration to existing livelihood or CSR programs.
• Must prepare and participate in the pitch to qualify and have access to the grant for the intervention plans
• Submit a copy of proof of registration such as business permits and SEC registration.
• Must have a valid bank account and not a personal account of the attendee.
• Must have an official receipt of the organization.
• If selected as top winners, the authorized representative and organization must comply with the Tripartite Agreement with Bayan Academy and BPI Foundation to release the cash grant.

1. The social entrepreneur must register as a member of the Sinag SE Registry Page on Facebook http://bit.ly/JoinTheSinagSocialHUB
   
   
2. Fully accomplished Sinag Evolution 2022 Application Form:

• For the academe: https://bit.ly/Educators_BPISinag_ApplicationForm application open until June 10, 2022
• For the social enterprises community: https://bit.ly/SocialEnterprises_BPISinag_ApplicationForm application open until June 30, 2022
• For the social entrepreneurship support intervenors: https://bit.ly/Ecosystem_BPISinag_ApplicationForm application open until August 12, 2022

For any questions or concerns, you may contact info.sinag@bayanacademy.edu.ph (cc: bpifoundation@bpi.com.ph).

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