Small Business Guarantee and Finance Corporation Tender

Description Terms Of Reference Msme Empowerment Training Program For Underserved Msmes In Small Island Economies Under The Capstone Project – Serving The Underserved: Roving One-stop Financial Management And Msme Empowerment Hub (ros To Fame Hub) I. Background And Rationale The Small Business Corporation (sb Corp) Is Mandated To Fostering The Growth Of Micro, Small, And Medium Enterprises (msmes) In The Philippines By Enhancing Their Access To Formal Finance At Fair Rates And Providing Capacity-building Support Programs. Extensive Research Highlights The Challenge Faced By Many Msmes, Particularly Micro-entrepreneurs, In Securing Formal Financing Due To A Lack Of Financial Management Knowledge. In Response, Sb Corporation Conducted A Comprehensive Training Needs Assessment (tna) On April 3rd And 4th, 2024, In Polillo And Burdeos, Quezon. The Findings Of The Tna Unequivocally Underscore The Insufficient Financial Education Among Msmes. Specifically, The Results Reveal That Approximately 50% Of Respondents (49 To 50 Out Of 108) Require Training In Basic Financial Record Keeping And Business Planning. In Light Of These Findings, The Ros To Fame Hub Capstone Project Is Poised To Launch A Targeted Intervention Aimed At Addressing This Gap. This Intervention Will Provide A Specialized Course On Financial Management, With A Focus On Basic Financial Record Keeping. The Msme Empowerment Training Program For Underserved Msmes Seeks To Equip Micro-entrepreneurs With Fundamental Yet Crucial Concepts In Financial Management. Through This Initiative, Sb Corporation Aims To Empower Msmes With The Knowledge And Skills Necessary To Navigate The Financial Landscape Effectively And Sustainably. Ii. Course Description1 This Training Program Will Provide The Participants With A Foundational Understanding Of The Key Principles And Practical Applications Of Record Keeping And Financial Management. By Enhancing Their Competencies As Business Owners And Managers, The Program Aims To Catalyze Enterprise Growth And Ensure Their Sustainability Toward Greater Financial Inclusion. The Course Must Be Anchored On The Organization For Economic Cooperation And Development/international Network On Financial Education (oecd/infe) Core Competencies Framework On Financial Literacy For Msmes.2 Iii. Course Outline A. Importance Of Recordkeeping B. Importance Of Financial Management C. Computation Of Household Expenses • Daily • Weekly • Monthly • Other Seasonal Expenses D. Computation Of Total Household Income • Income From Business • Current Members Of The Family • Contribution From Other Members Of The Family Local And Abroad E. Computation Of Household Income Vs. Household Expenses F. The Basic Business Equation • Sales-expenses=profit Or Loss • Sample Figures G. Computation Of Business Income From Business A. The Income Statement • Sales • Cost Of Sales • Gross Profit • Operating Expenses • Net Income Or Loss B. Computation Of Sales On Products C. Computation Of Sales On Services H. Cash And Credit Sales I. The Micro Business Expenses • Operating Expenses • Accounts Payable • Loans Payable J. The Cash Flow Statement K. Tools In Basic Recordkeeping L. Saving For The Future • Importance Of Saving • Ways To Save M. Income Statement Preparation Of Own Business N. Business Options Based On Net Income Or Net Loss • When Business Is Earning • When Business Not Earning • How To Find Funds To Finance The Business Iv. Methodology • Profiling Of Participants • Pre- And Post Evaluation On The Change In Knowledge, Skills, And Attitudes Of Msmes • Lecture/discussion • Case Study/exercises V. Scope Of Work And Deliverables • Training Design • Training Module That Includes The Topics Enumerated In Item Iii • Pre- And Post-assessment Tool Anchored On The Oecd/infe Core Competencies Framework On Financial Literacy For Msmes, Specifically On The Knowledge, Skills, And Attitudes Of Msmes • Presentation Deck • Handouts And Training Kits • Training Delivery/facilitation • Certificates Of Participation • Completion Report (documentation Of Training Per Municipality, Observations And Recommendations Of The Facilitator) • Video Recording Of The Training • Refinement Of The Training Design And Module, Along With Documentation Of The Meetings Held With The Cp-fame Team To Refine And Revise Them Vi. Schedule, Participants, And Modality Number Of Participants: 45 Participants Per Municipality Duration: 1 Day Per Course (8 Hours Per Day Or A Total Of 16 Hours) Proposed Schedule: May 14, 2024 (polillo, Quezon), May 15, 2024 (burdeos, Quezon) Modality: Face-to-face Vii. Budget One Hundred Fifty Thousand Pesos (₱155,000.00) Inclusive Of Hotel Accommodation, Transportation, All Taxes, And Surcharges. Viii. Mode Of Payment The Mode Of Payment Is Progress Billing. Payment Shall Be Made Upon Completion/submission Of The Following Deliverables: Particulars Amount (% Of The Quoted Price) Deliverables 1st Installment 80% - Course Outline - Training Design - Training Module - Pre-test And Post Test Tool On The Change In Knowledge, Skills, And Attitudes Of Msmes (anchored On Oecd/infe Core Competencies Framework On Financial Literacy For Msmes) - Presentation Deck - Handouts And Training Kits - Training Delivery/facilitation - Completion Report (documentation Of Training Per Municipality, Results Of The Pre- And Post-test Evaluation, Observations And Recommendations Of The Facilitator) - Video Recording Of The Training Final Installment 20% Revised Training Design And Module Along With Documentation Of The Meetings Held With The Cp-fame Team To Refine And Revise Them Payments Are Processed Within 10 Working Days Following The Submission Of The Required Reports. Ix. Qualifications Of Service Provider The Assigned Resource Person(s) Must Have The Following Qualifications:  Must Have A Master’s Degree In Business Administration Or Any Related Graduate Courses; A Professional License/s Such As Certified Public Accountant, Engineer, Etc. Is An Advantage  Must Have Conducted Seminars On Topics Related To Financial Literacy, Enterprise Enhancement, Financial Records Keeping, Financial Statements Preparation, And Other Related Topics In The Last Five (5) Years  Must Be Willing And Fit To Travel To Areas Where The Program Will Be Implemented X. Evaluation The Proposals Shall Be Evaluated Using The Following Scoring System: Criteria Weight Percentage Technical (qualifications Of Service Provider) 80% Financial (quoted Price) 20% Total 100% Xi. Documentary Requirements • Proposed Program Content/module Indicating Course Outline, Objectives, Methodology And Deliverables • Philgeps Registration • Company Profile • Curriculum Vitae Of Assigned Facilitator(s) With The Following Information:  Educational Background  Work And/or Consultancy Experience  Projects Undertaken (indicating Year Conducted And Name Of Clients) • Mayor’s/business Permit • Bir Certificate Of Registration (for Company/training Institution)/income Tax Return (for Individual Facilitator) • Omnibus Sworn Statement (for Company/training Institution) Note: Pls. Send Your Best Rate, Thank You!