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    What Do We Mean by Income Generating Project? Why Should Schools/proponent Generate Their Income?

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    Abbariao John
    An income generating project allows schools to make money through activities that utilize their resources to finance programs and projects. Schools can generate income through agricultural activities that make use of their land, water, and equipment to grow crops and produce goods like jam, juice, or dried herbs. This allows schools to improve facilities, offer scholarships, and fund innovative projects. The DepEd provides a format for schools to propose and report on income generating projects, which includes sections for project description and objectives, implementation plan, budget, market details, production processes, management structure, and financial projections.

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    What Do We Mean by Income Generating Project? Why Should Schools/proponent Generate Their Income?

    Uploaded by

    Abbariao John
    940 views5 pages
    An income generating project allows schools to make money through activities that utilize their resources to finance programs and projects. Schools can generate income through agricultural activities that make use of their land, water, and equipment to grow crops and produce goods like jam, juice, or dried herbs. This allows schools to improve facilities, offer scholarships, and fund innovative projects. The DepEd provides a format for schools to propose and report on income generating projects, which includes sections for project description and objectives, implementation plan, budget, market details, production processes, management structure, and financial projections.

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    An income generating project allows schools to make money through activities that utilize their resources to finance programs and projects. Schools can generate income through agricultural activities that make use of their land, water, and equipment to grow crops and produce goods like jam, juice, or dried herbs. This allows schools to improve facilities, offer scholarships, and fund innovative projects. The DepEd provides a format for schools to propose and report on income generating projects, which includes sections for project description and objectives, implementation plan, budget, market details, production processes, management structure, and financial projections.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    940 views5 pages

    What Do We Mean by Income Generating Project? Why Should Schools/proponent Generate Their Income?

    Uploaded by

    Abbariao John
    An income generating project allows schools to make money through activities that utilize their resources to finance programs and projects. Schools can generate income through agricultural activities that make use of their land, water, and equipment to grow crops and produce goods like jam, juice, or dried herbs. This allows schools to improve facilities, offer scholarships, and fund innovative projects. The DepEd provides a format for schools to propose and report on income generating projects, which includes sections for project description and objectives, implementation plan, budget, market details, production processes, management structure, and financial projections.

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    What do we mean by income generating project?

    It is used to describe an activity that makes money to finance a program or a project.


    Why should schools/proponent generate their
    income?
    To be able to:

     Improve school facilities


     Offer scholarships to poor children
     Finance a project for innovation in school
    Typical Resources a school might possess:
     Natural resources -/ land, water, trees, etc.
     Ex: Agricultural Activities j(4f the project is horticulture/ plant cultivation,
    the proponent can make-use of the school’s natural resources such as land,
    water, etc.)
     Human resources – teachers, students
     (teachers/students can manage the project)
     Physical resources – buildings, equipment
     (the proponent may use the agricultural equipment of the school)
     Financial resources – money
     (the proponent may look for sources to fund the project from school
    alumni and other stakeholders)
     Intangible resources – goodwill
     (The proponent may use goodwill to sell his product)
    Income Generating Products
     Horticulture: vegetable, herbs, spices, nuts
     plants/seedlings/condiments/pickles/peanut butter/dried herbs
     Fruits- jam/juice/fruit wine; cash crops- coffee/cocoa; flowers; mushrooms; trees-
    furniture
     Facility based-services
     eco-tourism: school shop; internet cafe; processing facilities; school-run
    enterprise
    DepEd Income Generating Project Proposal (Format)

    I. PROJECT SUMMARY INFORMATION


    1. Project Title
    2. Proponent
    3. Address/Project site
    4. Contact Persons
    5. Number of Beneficiaries
    6. Total Project Cost
    7. Source of Funds
    II. RATIONALE

    III. PROJECT OBJECTIVES


     General
     Specific
    IV. PROJECT DESCRIPTION

    V. MECHANICS AND IMPLEMENTATION (Pre, During


    and Post)

    VI. EXPECTED OUTPUT


     Production capacity and expected outputs
     Projected summary of Gross Sale of Products
    VII. WORKPLAN OF ACTIVITIES (Can be presented in
    table form)
     Major Activities
     Persons Responsible
     Time frame or duration(may be divided by quarter) can be presented in a table or
    gantt chart
    VIII. BUDGETARY REQUIREMENTS
     For production project (particular item, period and cost)
     For equipment, supplies, tools and implements (particular item, description and
    costs)
     For administrative expenses (particulars-monitoring and evaluation and training
    on financial record keeping)
    IX. PROJECT OPERATIONAL DESCRIPTION
    A. Market

     Product Description
     Target Market
     Price and Pricing(prevailing market price)
     Terms of Sale(wholesale, retail, direct consumers)
     Projected Sale Volume
    B. Technical

     Project Location
     Production capacity and expected output
     Technical Production Processes
    C. Organization and Management

     Project Organization and Management Structure


    D. Financial

     Capital Requirement
     Source of Funds
     Investment Cost
     Projected Income Statement
    X. MONITORING AND EVALUATION

    DepEd Income Generating Project Terminal Report


    (Format)

    I. PROJECT SUMMARY INFORMATION


    1. Project Title
    2. Proponent
    3. Address/Project site
    4. Contact Persons
    5. Number of Beneficiaries
    6. Total Project Cost
    7. Source of Funds
    II. RATIONALE

    III. PROJECT OBJECTIVES


     General
     Specific
    IV. PROJECT DESCRIPTION

    V. MECHANICS AND IMPLEMENTATION(Pre, During


    and Post)

    VI. EXPECTED OUTPUT


     Production capacity and expected outputs
     Projected summary of Gross Sale of Products
    VII. WORKPLAN OF ACTIVITIES
     Can be presented in table form
     Major Activities
     Persons Responsible
     Time frame or duration(may be divided by quarter) can be presented in a table or
    gantt chart
    VIII. BUDGETARY REQUIREMENTS
     For production project (particular item, period and cost)
     For equipment, supplies, tools and implements (particular item, description and
    costs)
     For administrative expenses (particulars-monitoring and evaluation and training
    on financial record keeping)
    IX. PROJECT OPERATIONAL DESCRIPTION
    A. Market

     Product Description
     Target Market
     Price and Pricing(prevailing market price)
     Terms of Sale(wholesale, retail, direct consumers)
     Projected Sale Volume
    B. Technical

     Project Location
     Production capacity and expected output
     Technical Production Processes
    C. Organization and Management

     Project Organization and Management Structure


    D. Financial
     Capital Requirement
     Source of Funds
     Investment Cost
     Projected Income Statement
    X. RESULTS AND EVALUATION

    XI. CONCLUSION
    Explain the potential of the project and its feasibility and sustainability.

    XII. APPENDICES

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