By DIANN IVY CALUCIN
Over 45,000 residents received livelihood assistance under the "Pangkabuhayang QC" program, the Quezon City government said on Tuesday, Dec. 20.
Under City Ordinance SP-3071 S-2021, the Pangkabuhayang QC Assistance Program was authorized alongside the fund allocation for livelihood aid to provide business capital assistance to eligible residents who intend to start their new businesses.
Each beneficiary may receive capital assistance amounting to P10,000 up to P20,000 depending on their choice of business.
"Hangad ng lungsod na umusbong at maging matagumpay ang inyong mga negosyo (The city wants your businesses to flourish and be successful)," the city government said during its last distribution at Winnie Castelo Welfare Complex, Quezon City on Wednesday, Dec. 19, where 1,500 qualified residents received livelihood assistance.
The first phase of Pangkabuhayang QC kicked off in Sept. 2021 and ended in June 2022, which benefited 25,372 residents.
The city government said it allotted P150 million for the program’s first phase.
The second phase is still ongoing, it added.
Meanwhile, in phase two, more than 19,000 residents have already received livelihood assistance since its launch last July.
All beneficiaries underwent proper screening to examine their capacity for entrepreneurship.
The livelihood program is a collaboration between the Quezon City Small Business and Cooperatives Development Promotions Office (SBCDPO) and other agencies and companies including the Department of Trade and Industry (DTI), Lazada, Meralco, Sarisuki, San Miguel Food Corp., Rizal Commercial Banking Corporation (RCBC), Unionbank MSME Business Banking, ECPay, GCash, Cebuana Lhuillier, Integrated Management Services Inc. - All Nations Elite Circle (IMS-ANEC) Global, Association of Filipino Franchisers Inc., and Go Negosyo.