L.E.A.D. Fellowship Project
Vivi’s concept is the Lubao Community Venture Incubator — in her words, “a micro-enterprise incubator where any Lubao resident can pitch a business idea, get mentorship, refine it, get connected to investors, and launch it.” The first piece she and Lucus designed to test is Lubao Community Seed Funding: small grants of ₱5,000–₱15,000 for micro-entrepreneurs, paired with a financial-literacy workshop called “Micro-Business Foundations: Scaling in Lubao.”
Lucus built the evidence base and the program’s operating procedure. His research review draws on National Bureau of Economic Research and impact-evaluation studies of seed funding — including an evaluation in Somalia where business grants raised participation in non-farm business activity by nearly 15% — and his design makes education part of the deal: applicants complete business and finance training, write a business plan, and sign an agreement with check-ins and oversight.
“Among eligible micro-entrepreneurs in Lubao, those who receive micro-grants will show a statistically significant greater increase in their Business Asset Accumulation Index (BAAI) over a six-month period, compared to a randomized control group who do not receive funding.”
Their $4,000 fundraising goal covers the first cohort of micro-grants — eight micro-businesses at $175 — the workshop, and field staff. The project is fully designed and in its fundraising phase.
L.E.A.D. Fellows raise the funding for their own projects as a core part of the Fellowship. Gifts to Eat The Elephant support fellows' research, scholarships, and the Lubao partnership.
Donate Apply to L.E.A.D.