The Australian Agency for International Development (AusAID) through the Philippines-Australia Community Assistance Program (PACAP) has approved the additional funding in the amount of P600, 351.00 through the Loboc Youth Education Association, Inc. (LYEA) for the enhancement of the Loboc Music Project. The funds will be used to acquire professional and branded musical instruments for the students of the Loboc School of Music. AusAid through PACAP has previously extended financial assistance to the Loboc Music Project in the amount of P3.947 million. Total equity of LYEA generated from internal funds and from various stakeholders has already exceeded P7 million. The first assistance ended on July 30, 2009 with P2.947million in grant assistance and was extended with additional P1 million grant. LYEA qualified for this 3 rd grant for the enhancement due to the splendid performance of the project.

A permanent school of music building and recording studio was constructed through the inspiration and initiative of Governor Erico B. Aumentado. To jumpstart the project, the Province of Bohol donated a 2 storey, 2 classroom building costing P1 million and another P2 million, 2 storey-4 classroom building was constructed through the joint funding of Congressman Adam Relson Jala of P1.2million and the First Consolidated Bank Foundation which contributed P800,000. The Loboc Youth Ambassador Band is a poverty reduction project of the Loboc Youth Education Association Inc., and supported by the LGU Loboc, led by Mayor Leon A. Calipusan, Province of Bohol, led by Gov. Erico Aumentado, Philippines-Australia Community Assistance Program (PACAP), First Consolidated Bank, and the National Commission for Culture and the Arts. This project started in May 2007.

All interested kids, both boys and girls, from grades 3 to 4 th year high school and residents of Loboc, are trained in notes reading and instrumentation for free, and are provided with free musical instruments, solicited from patrons and donors. The objective is to support these kids to avail of free college education by becoming members in school bands in the province and elsewhere. Hopefully this will help in poverty reduction considering that education is the greatest equalizer. To date, the project has 495 students of the three batches and 329 of these students have their assigned instruments. There are 118 members of the Loboc Youth Ambassadors who are now college scholars in Bohol Island State University, BIT-International College, Holy Name University and University of Bohol as members of their respective school bands. The band is performing regularly every 8:30 in the evening every Friday and Saturday at the Loboc Children's Theater. They are also performing by invitation in shows and concerts in the towns and cities in the Province of Bohol, Metro Manila and other provinces in the Philippines.