Word: for-profit
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Students at community and technical colleges, especially institutions that are for-profit, are having the toughest time of it. The reason: those students are more likely to use private loans (whose credit standards have tightened), and lenders under profit pressure are less willing to write loans for shorter, one- and two-year programs - especially at schools with historically high default rates...
...100K Entrepreneurship Competition, the team managed to beat more than 230 other teams, including both for-profit and non-profit, to win the grand prize and a check...
...prevent fraud, IRD avoids paying cash up front for products and services. It also requires its for-profit partners to reinvest any proceeds derived from IRD wheat. Instead, the millers who process the wheat are reimbursed with a portion of the flour they make to sell at market rate. Factories get the flour free of cost but are required to reinvest their proceeds into new production. IRD collects 66% of the profits, which it then uses for other programs in the country, including a water-treatment facility, snacks for school children and health services. IRD keeps 10% of all funding...
Politicians do it. Charities too. And now for-profit entrepreneurs are tapping the Internet to get small amounts of money from lots and lots of supporters. One part social networking and one part capital accumulation, crowdfunding websites seek to harness the enthusiasm--and pocket money--of virtual strangers, promising them a cut of the returns...
...Currently in capitalist economies, a new organization must be either a not-for-profit, with a particular mission or purpose, or a for-profit organization, in which the directors' first responsibility is to the financial interests of shareholders. I would suggest a third way: for-profit companies that both pursue a purpose and seek a financial return for investors. I believe there are millions like me who would prefer to place both our investment dollars and our philanthropic ones into such ventures. Investors in third-way companies could be confident that reasonable returns were being sought on their behalf...