In partnership with Metro Pacific Investments Corporation through the Metro Pacific Investments Foundation, FLP launched in 2022 the Esmel Fellowships which aims to look for Filipinos with entrepreneurial spirits who promote sustainability, social justice, and/or equitable prosperity for all Filipinos. The program provides each year merit-based scholarship grants of up to ₱450,000 to five aspiring Filipino entrepreneurs taking up MBA or MS program in entrepreneurship, sustainability, management, economics and business law. The grant was increased to ₱500,000 in AY 2024-2025. As of AY 2024-2025, FLP has awarded 20 fellows for the program.