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Laboratory of Ventures and Enterprises (LoVE) - Philippines

Author
Aurora Marie Anatalio
Date
2017-10-12 21:07
Views
267
Venture Location: Philippines

The LoVE platform is located at the Gawad Kalinga Enchanted Farm in Angat, Bulacan, Philippines. The GK Enchanted Farm is Gawad Kalinga’s platform to raise social entrepreneurs, help our local farmers and create wealth in the countryside. It is a Silicon Valley for social entrepreneurship, a 43-hectare facility that houses 50 empowered families and 150 students from the poorest communities around the Philippines, and foreign interns who are our partners in building more than 50 social-agri enterprises, making the GK Enchanted Farm as the first the Farm Village University in the world.

The School for Experiential and Entrepreneurial Development (SEED Philippines) aims to raise the next generation of social agripreneurs and leaders from the bottom of the pyramid. Its focus on countryside development attempts to address poverty where it is most acute, reach the people who are most neglected, and grab the opportunities that remain untapped. In the last four years, it has since opened its doors to over 150 scholars from across the Philippines, providing a holistic approach to learning through classroom instruction, hands-on learning, and enterprise development. During the two-year program, students take a variety of courses that focus on character development, enterprise development, communications, business math, and agriculture. Graduates then become business owner or partners or apprentices of existing social enterprises through the Gap Year Program where they continue a hands-on approach to learning and the application of real-world skills.

The LoVE platform is an incubator / grant facility that supports social entrepreneurs in training by funding the scholars’ creative and innovative ideas. It is part of Gawad Kalinga and SEED Philippines’ movement to raise social-agripreneurs from the bottom of the pyramid by launching sustainable and disruptive solutions that will create shared prosperity for all.
From start to finish, the LoVE process delivers and captures entrepreneurial and experimental learning. The model adopts rapid prototyping/Lean Start Up model (build-measure-learn cycle). It is open to all SEED students who have identified a business opportunity or/and running a SEED enterprise, which is accessed through a LoVE application form. LoVE supports the incubation in three main areas: product development, operations management and asset acquisition. At the end of the LoVE cycle, LoVE recipients are required to submit LoVE Learning Reports and Proceeds.

The LoVE recipients are guided by a team of dedicated SEED mentors throughout the LoVE learning process. LoVE nurtures not just the entrepreneurial skills of the scholars, but more importantly, their entrepreneurial behavior.

LoVE is a platform started, built and sustained by the poor, specifically our SEED scholars (16-23 years old students from the poorest communities of the Philippines). LoVE operationalized last January 2017. The platform has then become SEED’s incubator of social enterprises; making their entrepreneurial and creative ideas come to life.
The LoVE incubates SEED scholars’ social-agri enterprises, supporting it from ideation to pre-operation or right before the business registration. LoVE was designed to provide the students with income stream avenue for themselves and their families, while studying in university. Likewise, it supports the enterprises not only financially, but also with farm resources, and mentorships that nurture entrepreneurial mindset and character.
However, LoVE envisions the social impact further that just the beneficiaries and their families; each social enterprise incubated by LoVE will be built with the mission to create shared wealth. The whole community around the enterprise should benefit from the various benefits each enterprise strives to provide; more fair paid jobs, more training, and a more supported community at whole.

See video of the venture: https://www.youtube.com/watch?v=_n-MGtJRwks