June 19, 2019

Rev. Fr. Democrito B. Umagtam

Director
Saint Charles Academy
San Carlos, Pangasinan

Dear Fr. Democrito:

Greetings!

Rex Book Store Inc. The country’s leading provider for high-quality learning solutions, further
strengthens its commitment to 21st Century Education through its collaboration with Junior
Achievement Philippines.

The Junior Achievement Philippines (a Member of JA Worldwide), is a non-stock/not- for-profit

organization, with the mission of helping young people reach their career aspirations and succeed in
the global economy. With the mutual desire of the 2 organizations to nurture young learners who
are ready to face and succeed in the 21st Century, is the reason for this great partnership.

Pursuant with the initiative of the government for the K to 12 and Republic Act 10679, An act
promoting entrepreneurship and financial education among the Filipino youth, is the Business Skills
Pass (BSP) Program that will provide you with globally recognized business and entrepreneurship
programs.

The BSP is a two-part program for Grade 11 and 12 business:

• The JA Be Entrepreneurial™– (Practical Business Planning) for Grade 11

• The JA Company Program™ – (Business Implementation) for Grade 12

BUSINESS SKILLS PASS™ (BSP) is a WORK SIMULATION PROGRAM which is recognized by the
Department of Education (Dep Ed) as an alternative to the Work Immersion program. This is a
program where students organize, manage and operate their own business enterprises under the
guidance of JA Philippines and Rex Book Store Inc. with the assistance of successful executives from
business firms.

The start of the Entrepreneurship training for Grade 11 will commence on the 1st semester
of the S.Y 2018 - 2019 for the Business Planning Learning & Workshop (JA Be Entrepreneurial™) and
the Business Simulation set-up for the Grade 12 by S.Y. 2019-2020 for the JA Company Program™.
 The program aims to train the students in operating a “mini-company” from capitalization to
liquidation. They will formulate their own goals and objectives, and raise capital, organize a board,
elect officers, manufacture, promote and market their product(s), maintain their own records and
files pay their operating expenses, compile a six-month financial statements, and finally liquidate the
company by returning capital plus dividend (depending on whether the company was successful and
profitable). The JA Mini-Company will not necessarily be registered in any government agencies. At
the end of the business simulation, students should undergo online assessment test to gauge the
learning outcomes.

The said program will lead to a national competition and an opportunity to represent our country to
compete in the Asia Pacific Regional Competition happening in the Philippines in line with its 50th
Anniversary for the 2019 JA Company of the Year Asia Pacific Competition.

The BSP program does not end in the classroom. Students in the BSP program will gain key
employability skills and have access to further opportunities offered by companies and institutions
that endorse BSP. The goal is to assist in the transition from education to employment by providing
students with good quality, tailored and personalized solutions.

For Php 1,200.00 per year you can avail the following:

 Student workbook
 Guide for volunteers and teachers (TRM)
 Activity Sheets (game boards, cards, etc.)
 Teacher’s kit (slide presentations)
 Industry mentorship (c/o Rex and JA Philippines)
 Teachers’ training with certification
 Online assessment for students with certification

For questions and clarifications you may contact our Regional Sales Manager for SHS Division North
Luzon- Mr. Joseph Erwin Flores at 0917 8760834.

Be certified educators of 21st Century-ready learners!

Join the Business Skills Pass (BSP) Program today!

Cordially yours,

Erwin Flores
Regional Sales Manager-SHS
Rex Book Store Inc.