|Political Party:||Liberal Party|
|Born:|| May 7, 1977 (age 35)|
|Spouse:||Mary Fatima "Timi" Gomez|
Paolo Benigno “Bam” A. Aquino IV (born 7 May 1977) is a Filipino social entrepreneur and public servant. He is a former TV host and former chairman of the National Youth Commission (NYC). He is currently the President of MicroVentures, Inc., an investment bank for start-up businesses. He is one of the Ten Outstanding Young Persons of the World for 2012. He is also a Board Member of Rags2Riches, Venture for Fundraising, and Coca-Cola Foundation.
Early life and education
Bam was born on 7 May 1977 in Manila. He is the son of Paul Aquino, the youngest brother of Benigno “Ninoy” Aquino Jr.'s and Melanie Aguirre. He graduated valedictorian in his grade school and high school classes at the Ateneo de Manila University. He also finished as summa cum laude from Ateneo in 1999, with a degree in Management Engineering.
After his graduation, Bam Aquino joined the special projects group of the ABS-CBN Foundation. In 2001, he was appointed as NYC's commissioner-at-large. He was also one of the hosts of the TV show Breakfast. It is a youth-oriented early morning show aired in ANC, Studio 23 and The Filipino Channel (TFC).
At 25, Aquino was appointed as chairman of the National Youth Commission. His team has accomplished two projects intended to be implemented yearly: the Ten Accomplished Youth Organizations Search (TAYO) and the Presidential Youth Fellowship Program (PYFP).
In 2006, he established a program called Hapinoy, which aimed to help female micro-entrepreneurs secure better incomes for their families.
Bam Aquino's three-point policy framework will revolve around: (a) empowering Filipinos to support themselves through education, employment, and enterprise development; and (b) creating positive and enabling environment for government to support citizens, instead of being an obstacle to progress because of red tape, corruption and lack of appreciation of each other's roles and capabilities.
- Addressing the education-employment mismatch through the GoTrabaho Act- Aquino will pass GoTrabaho Act which will provide for, but not limited to, the following:
- Stronger linkages between industry and educational institutions through a national internship program that will help establish industry requirements and standards for employment with the current offerings of educational institutions;
- The use of information technology to pool information about industry requirements, vacancies, skill requirements, etc.;
- Incentives for educational institutions that are able to place their graduates in the appropriate jobs, and conversely, the re-evaluation of educational institutions that are not able to produce adequate board/bar passers, job-ready graduates, etc.
- Incentives for business that employ more regular employees
- Strengthening and enhancing the capacity of TESDA to be a market-focused and acccessible training and re-training authority
- Supporting the creation of sustainable micro, small, and medium enterprises(MSMEs) through a GoNegosyo Act- According to Aquino, this Omnibus law will spell out difernet incentives, support systems, and a roadmap for MSMEs, which includes but is not limited to the following:
- A systems approach to cutting red tape and inconsistencies, addressing the arbitrary nature of regulation (which then opens opportunities for corruption), and improving ease of doing business
- Access to microfinance for micro-entrepreneurs, SME loans, etc.
- Access to market, including a market mapping of products to identify which areas need support
- More and/or better training facilities to give people access to enterprise training
- The inclusion of entrepreneurship and financial management in the basic education curriculum
- The creation of coordinative cluster among the DOST, DTI, DSWD, BIR, DILG, BFAD, and DOLE that will, in turn, create a national roadmap for MSMEs and ensure effective implementation of policies on the ground
- Amendments that can enhance the current Barangay Micro Business Enterprise (BMBE) Act
- Incentives for social enterprises that provide a positive impact in their communities
- Supporting PPP for Education (PPP4E)- According to Bam, we need to get ahead of our problems in education by doing bold initiatives such as PPPs(Public-Private Partnership) rather than playing catch up every year.
Awards and recognition
- Young Global Leader and Schwab Foundation Social Entrepreneur of the Year, World Economic Forum
- Ten Outstanding Young Men of the Philippines Awardee
- Asia21 Young Leader
- Ernst & Young Entrepreneur of the Year Finalist
- Ten Outstanding Young Persons of the World for 2012 Awardee
- Ramirez, Joanne Rae M.“Bam Aquino marries girlfriend in Tagaytay”.ABSCBNnews.(Accessed on 23 October 2012).
- “MicroVentures”.MicroVentures.(Accessed on 23 October 2012).
- “What is Hapinoy?”.Hapinoy Sari-saring Possibilities.(Accessed on 23 October 2012).
- Zapanta-Andrada, Joanne.“Bam Aquino: I've never stopped believing”.(Accessed on 23 October 2012).
- Ruiz, Mark.“Why I Believe in Bam Aquino”.Why Not?.(Accessed on 23 October 2012).
- Arquiza, Yasmin D.“In new Cory-Ninoy docu: A lesson in letting go”.GMA News Online.(Accessed on 23 October 2012).
- “rags2riches”.rags2riches.(Accessed on 23 October 2012).
- Legaspi, Amita.“Bam Aquino files COC for senator, says he won't be lapdog of cousin PNoy”.GMA News Online.(Accessed on 23 October 2012).
- Sauler, Erika.“Bam Aquino: I can serve Philippines better as senator”.Inquirer News.(Accessed on 23 October 2012).