LET’S INSTITUTIONALIZE GOVERNMENT GRANTS TO COOPERATIVES
LET’S INSTITUTIONALIZE GOVERNMENT GRANTS TO COOPERATIVES Correct me if I am wrong, but there appears to be no formal and institutionalized system in the Philippines for government grants to cooperatives. Yes, government agencies and local government units (LGUs) have been providing assistance to cooperatives for many years. However, these often come in the form of donations in cash or in kind, distributed on an ad hoc basis and sometimes dependent on available funds or changing priorities. To me, there is a difference between a donation and a grant. A donation is a simple transfer of resources. A grant, on the other hand, operates within a formal regulatory framework, with clear objectives, application procedures, eligibility criteria, monitoring systems, and measurable outcomes. That is exactly what I am proposing: let us institutionalize government grants for cooperatives. Why is this important? First, a competitive grant system promotes transparency. If cooperatives can systematical...