With the aim to reduce the level of poverty in the Philippines, two social entrepreneurs founded PUMP-PINAS, an enterprise to provide capital as well as guidance and support to farmers and fishermen. But, the new venture needs funding. Students learn about the causes of poverty and the concepts of inclusive growth and impact investing as they help co-founder George Ugabbam identify and secure prospective sources of financing for the startup.
Let’s PUMP—It Up—PINAS!!!
by: Gregorio Mabbagu
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After reading and discussing the material, students should:
- Determine how to finance a start-up and identify factors that may affect the selection of financing sources.
- Assess whether decisions of an organization are aligned with its mission and vision.
- Analyze the organization set-up and manpower for effective and efficient start-up operation.
- Explain the benefits of networks or connections that can propel a business idea into something operational or viable.