As the Global Infrastructure, Development and International Finance Agency begins its Philanthropic efforts as one of the United Nations Specialized Agencies, a great many people are proposing projects that focus on profitable (or “For-Profit”) business ventures. While some applicants have made great efforts to assure these corporate entities are viable means of providing a direct benefit to the underclass citizens of the world, it is important to draw some guidelines for those who believe that any money-making venture is going to be appealing and eligible for funding. It is very possible to receive funding for the for-profit business ventures but it must meet more stringent requirements for both initial funding and for continued reporting.
Given the vast amount of construction, infrastructure and other developmental projects, there will be a great many contractors selected from across the globe to participate in these projects and programs. This is not a section that is relevant to the individual contractors for the Projects and Programs of the UN Specialized Agency known as GIDIFA. If however, funding is being sought, in these cases, for the purposes of opening a For-Profit corporate entity or business, this article will contain relevant information regarding Funding Eligibility and Reporting Requirements. Funding for profitable business enterprises is generally limited to women, minorities and others who are perceived to have been slighted or who otherwise would have an exceptionally difficult time getting funded. In the case of GIDIFA funding, everyone will be eligible and encouraged to apply if they have a viable business venture that can provide a direct benefit to the underclass citizens of the world in an amount large enough to make it worth while.
In short, the Corporate Entity should be able to show the potential for granting more back to the Underclass citizens of the world than the funding that will be necessary to establish, expand or otherwise assist that corporate entity applying for the funding. Individual demands will vary depending on the corporate entity and what their contribution to the poor of the world is. A Corporation that was developing a new software operating system and offering a discount to educational institutions may qualify, depending on what their level of discount was to the educational institutions and other factors too numerous to mention here. However, if those same people were to develop a Cloud Technology wherein they could host educational programs and provide online assistance for students anywhere and everywhere in the world, they would almost surely qualify. The difference would be that the contribution to the underclass citizens of the world would be the primary business of the corporate entity. Still, the corporation has to make a profit! Or does it?
In some cases wherein the Corporate Entity seeks to provide an exceptional and direct benefit to the Underclass Citizens of the world, GIDIFA may seek out opportunities to purchase the company and/or work under the auspices of a Joint Venture with that corporation. As a rule, GIDIFA will fund between ninety-five and ninety-eight percent percent of the capital required for the establishment, expansion or other necessities of the For-Profit business venture. An equitable deal for the Business-Owner and/or person(s) with the original ideas can be worked out in individual negotiations, completely separate of any grant paperwork or requirements. This arrangement will almost always be a much better option where possible for many different reasons.
For existing business enterprises, this influx of cash will undoubtedly help their bottom line and the prospects for the company but there is much more to it than just that. Additionally, the existing business will enjoy the benefits of an immediate, global expansion of its customer base. Granted, this will require a great expansion in production capacity, perhaps warehouse space and other requisites of the individual business. In most cases, this expansion and the existing business will be utilized as a vocational training center for many of the formerly homeless, indigent, indigenous and other underclass citizens of the world who show a propensity (based on their aptitude test results) to excel in such endeavors. This should greatly increase the overall potential for the company if not the profitability but is profit always going to be the underlying purpose behind the corporation?
GIDIFA utilizes programs that were originally designed and put in place to help the individual in order to allow for a more direct focus of production and industry to the benefit of the people directly. While this system was supposed to be implemented as a temporary stop-gap measure to help stabilize the global economy before “The Great Depression”, it was never fully implemented. GIDIFA has refined and revised this original plan to convert it to a full, peacetime Financial System that offers direct benefit to the people without costing the corporations or even the government any undue concern. Any and all Joint Ventures with GIDIFA will focus as much (or more) on Corporate Social Responsibility than on profit.
As long as the Joint Venture is focusing the majority of its efforts on Corporate Social Responsibility in the form of providing jobs for the underclass citizens, providing for the surrounding community and other forms of direct social assistance, it can be effectively written off as a Charitable Corporation and fully funded as such. While it is impossible to get into too much detail here without directly violating HR3273 regarding trade secrets, this will in turn allow for the JV to be very profitable not only for the owners and shareholders, but for the entire communities surrounding their locations. While a single corporate enterprise may not make nearly enough social impact to fully negate the detriments and fully break the chains of poverty binding the poor of this world, an entire community full of such corporations can. The Integrated Community Developments are designed with just such a potential in mind. Just because an idea or existing business works for profits, does not mean it cannot help the underclass citizens of the world and most assuredly does not mean it cannot be granted the means to vastly increase its own worth and the median quality of life for the people surrounding that business.