| Sumario: | the CGIAR Resilient Cities initiative in partnership with the Quezon City Local Government Unit proudly launched its innovative Vendor Business School (VBS) Program. A total of 140 men and women small food vendors who will participate in the VBS program were recognized during the event. The VBS aims to empower small food vendors by providing them with vital knowledge, skills, and resources to tackle their everyday business hurdles and enhance their food safety measures. The VBS program is designed to guide and support vendors through training sessions and mentorship programs focused on entrepreneurship, business planning, budgeting, marketing, risk management, adapting to technological changes, establishing financial connections, and ensuring food safety.
Quezon City stands out as one of the Philippines’ largest and most populous and dynamic urban centers. It is the largest city in Metro Manila by land area and serves as a major entry point for food and distribution across the entire metropolis. As a rapidly growing urban center, the city is dedicated to addressing the challenges of urbanization, including food security, environmental sustainability, and resilience to climate change. A study conducted by the Resilient Cities initiative in two urban centers in Metro Manila including Quezon City and Pasay, sheds light on the significant challenges small food vendors encounters impacting their daily operations and future prospects. Issues such as insufficient capital and limited understanding of essential business concepts lead to inadequate income. Small food vendors are keen on seeking expertise in various aspects of their businesses, including financial management, product quality enhancement, customer engagement, and communication with suppliers. Improving their entrepreneurial strategies catered to their unique circumstances, of the Vendor Business School Program, is crucial in improving their business outlook and achieve financial sustainability. [see further: “Validation Study for the Development of Vendor Business Schools in the Philippines”]
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