SUPPORTING MUNTI YOUTH ENTREPS: Muntinlupa Mayor Jaime Fresnedi (2nd from left) and Youth Affairs and Sports Development Officer Cynthia Viacrusis lead the turn-over ceremony of financial assistance to 34 displaced youth workers turned entrepreneurs under the first of batch of NegosYouth: Stimulus Recovery Assistance Program last March 8. 34 youth entrepreneurs from Muntinlupa Locals, a Muntinlupa-based street wear movement, were the first recipients of the stimulus assistance. Recently, the Muntinlupa City Council passed Resolution No. 2020-406 recognizing the achievement of Muntinlupa Locals in honing the business skills of the local youth and stirring employment among the residents of Muntinlupa.
The local government of Muntinlupa has awarded stimulus assistance to displaced youth workers in the city who have started their own businesses in a bid to recover from unemployment and other challenges brought about by the COVID-19 pandemic.
Mayor Jaime Fresnedi led the turn-over of financial assistance to 34 youth entrepreneurs under the first of batch of NegosYouth: Stimulus Recovery Assistance Program of the Youth Affairs and Sports Development Office last March 8.
Fresnedi says the resilience of the city’s youth entrepreneurs to innovate amid challenging times is worthy of emulation. The local exec hopes that their stories will also inspire other young people in the city to also start their own businesses.
Under the stimulus program, the local government provides 5,000 pesos financial assistance to out-of-work youth, students, and out-of-school youth who have started their own businesses during the community quarantine. The beneficiaries will also receive entrepreneurship trainings on financial literacy, leadership, and among others.
Following an assessment, the beneficiaries will be endorsed to the Joint Resource Financing Program to receive zero-interest loan assistance of up to 150,000 pesos for the expansion of their businesses.
The first batch of the stimulus assistance for the youth is composed of members of Muntinlupa Locals, a street wear movement which empowers and bolster the spirit of entrepreneurship among the youth of the city.
Muntinlupa Locals was founded in June 2020 by Patrick H. Aquino, a resident of Barangay Alabang and proprietor of Ayong Graphics. The youth group supports at least 70 Muntinlupa-based brands and envisions the Muntinlupa youth to be self-reliant by encouraging and bolstering their entrepreneurial skills through patronage and sale of Muntinlupa made, designed and manufactured clothing line.
Recently, the Muntinlupa City Council passed Resolution No. 2020-406 recognizing the achievement of Muntinlupa Locals in honing the business skills of the local youth and stirring employment among the residents of Muntinlupa.
For interested individuals, coordinate with Muntinlupa City Youth Affairs and Sports Development Office located at Muntinlupa Sports Center, Brgy. Tunasan with tel. no. 8862-8428.
Source: Public Information Office