Monday, April 2, 2012

Chemonics: A For-Profit Organization

Ms. Keiser and I in her office at Chemonics
“Chemonics is an international development consulting firm,” said Kathleen Keiser, the New Business Development Manager for the Middle East.
Chemonics is a for-profit organization that performs international development work with the stated goal of promoting “social and economic change around the world.”  When the Chemonics gets a contract from a donor like USAID, theoretically the donor has specific goals for the contract given, and the organization decides how it want to achieve those goals.  In other words, the donor has big ideas, and Chemonics makes a plan for execution, then makes the plan happen.  
What makes for-profit organizations like Chemonics different from non-profit organizations is that if the goals are achieved the way USAID has requested, the donor will pay the organization a fee, which is the profit.  A donor like USAID pays the organizations for the activities, employees, and expenses done by the organization. Chemonics gets their funding from USAID only.
As the New Business Development Manager for the Middle East, Jordan, West Bank, Iraq, and Lebanon, for Chemonics, Ms. Keiser’s job consist of making sure that the organization’s proposal for upcoming events are well written. “Whenever USAID release a Request For Proposals (RFP), Chemonics responds to it,” says Ms. Keiser.  She said it is always a competition to win the funding of a project offered by USAID.