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

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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1K views5 pages

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

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.

Uploaded by

Abbariao John
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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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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