Monday, December 9, 2024

Go Negosyo Balik-Bayan Summit 2024

The Go Negosyo Balik-Bayan Summit 2024 took place on December 7 at the SM Mall of Asia Music Hall, serving as a platform to empower Overseas Filipino Workers (OFWs) and their families. The event, themed "Kabuhayan Para sa Kinabukasan," provided insights into business opportunities, investment matches, and financial literacy to encourage OFWs to become entrepreneurs. Organized by Go Negosyo and led by its founder Joey Concepcion, the summit featured engaging discussions, learning sessions with successful entrepreneurs, and free on-site mentorship from business experts. A key highlight of the event was the awarding of the 2024 Inspiring Balik-Bayan Awards, recognizing OFWs who successfully transitioned into entrepreneurship.



The summit gathered prominent figures, including First Lady Louise Araneta-Marcos, Department of Trade and Industry (DTI) Secretary Cris Roque, and Department of Migrant Workers (DMW) Secretary Hans Leo Cacdac. During the event, Concepcion expressed gratitude to OFWs for their contributions and underscored the importance of mentorship in ensuring their financial success. President Ferdinand Marcos Jr. and the First Lady awarded Php2 million in cash to attendees, bringing the total prizes distributed to Php3 million, which included contributions from Go Negosyo and its sponsors. Many OFWs who received financial support planned to invest in small businesses, aligning with the summit's goal of fostering economic reintegration.



The program included forums on critical topics such as mentoring children in business, retirement planning, financial literacy, and exploring viable business opportunities like franchising and agripreneurship. The event also featured renowned speakers such as educational content creator Lyqa Maravilla, environmentalist Angie Mead King, and actress Maricel Laxa-Pangilinan, who shared insights on entrepreneurship and personal development. Hosted by journalist Karen Davila, reporter Love Anover, and host Sam Oh, the event provided attendees with practical knowledge and inspiration to pursue entrepreneurial ventures. A special performance by singer Sam Concepcion further enriched the experience for participants.


Balik-Bayan Summit 2024 served as a bridge between government support and private sector collaboration to uplift OFWs and their families. The DMW reaffirmed its commitment to economic reintegration through continuous learning programs, while Go Negosyo pledged ongoing mentorship for aspiring entrepreneurs. By equipping OFWs with the necessary skills and financial support, the summit reinforced the role of entrepreneurship in creating sustainable livelihoods. The success of the event highlighted the resilience and determination of Filipino workers in building a brighter future for themselves and their families.