Cost Sharing

Cost Sharing refers to the non-monetary or in-kind contributions provided by partner agencies or organizations that support project activities without direct financial compensation. In this context, partners offered resources such as time (e.g., participation of speakers or resource persons) and transportation services to support events like career talks, webinars, and work immersions for youth. These contributions were quantified in Philippine pesos based on standard unit costs and the number of hours or services rendered, and were documented through Means of Verification (e.g., signed attendance sheets, photos, or certificates). Cost sharing demonstrates stakeholder commitment and helps maximize project impact by leveraging local support.