BU-STEP program concludes, more than 500 heads undergo entrep training

Wednesday November 3,2021

After three years of successful implementation of the Student Training for Entrepreneurial Promotion (STEP) in Bicol University, the UNESCO National Commission (UNACOM) of the Philippines held the virtual closing ceremony on October 19, 2021.

STEP strives to improve young people's abilities, knowledge, and confidence in order for them to pursue a career as an entrepreneur. As of this year, more than 7,000 students underwent the program from different countries across the globe - Uganda, South Africa, Mexico, and Philippines.

Since its establishment in 2018 and through the university’s focal persons, College of Business Economics and Management (CBEM) Dean Dr. Eddie See and Center for Technology Commercialization and Enterprise Development (CTCED) technical staff and CBEM faculty member Prof. Crestia BaƄares, UNACOM PH revealed that the students who took part in the research took 12 modules over the course of three months. More than 500 university entrepreneurial and non-entrepreneurial students have benefited from the STEP program, which has provided them with advanced entrepreneurial skillsets.

Initially, STEP was implemented in six colleges or programs: social sciences and philosophy, arts and letters, science, health and nursing, industrial technology, and engineering in the university according to Prof. Crestia, program manager of BU STEP, during her talk on the setbacks, successes, and way forwards of STEP. 

The inaugural STEP research found an 18 percent start-up rate in the university in terms of entrepreneurial goal intents, action planning, entrepreneurial self-efficacy, and business opportunity identification. This also resulted to a 200% increase start-up rate since its inception.

BU has begun the development of STEP educational materials with Filipino translation on June 2021. A webinar on green entrepreneurship dubbed, Greentech Innovation Hackathon was held in September the same year. (written by: Arnold C. Noda, CPRO)