In order to promote the diversification of the income generating programs of Agrarian Reform Cooperatives’ partners of SIFI, the Sugar Industry Foundation, Inc. Livelihood Pillar conducted a “Business Opportunity Workshop” at East Hall, Nature’s Village Resort, Talisay City last May 7, 2022.
The workshop was led by Ma. Teresa Ballados, faculty member of the College of Business, Management & Accountancy of Carlos Hilado Memorial State University and was assisted by SIFI Livelihood Officer Cristina May Poblador.
The goal of the workshop is to encourage the groups to create business ideas, to assess if their business ideas are financially feasible, and to check if the ideas are appropriate to the needs of the community.
A total of 24 participants from 8 organizations (Jerusalem ARB Association, Cadiz City, San Antonio de Padua ARB Association, La Carlota City, Cusi Farmworkers & Farmers Association and Victor U. Lopez ARC in Pontevedra, Camandag Rice & Sugar Farmers Association, La Castellana, Balogo Farmers Association,Talisay City, and Entorilan ARB Association and Villa Carolina Integrated Organic Farmers Association, Murcia) joined the workshop.
The “Business Opportunity Workshop” is an essential stepping stone for livelihood beneficiary organizations in potentially joining SIFI’s Livelihood Program.
The workshop is an essential tool for encouraging start-ups and potential microenterprises that could augment the income of these sugarcane associations especially during the “tiempo muerto” season.