Guest post from Lital Helman.
The past years have seen the break of the dichotomy between the for-profit and non-profit world. The view has increasingly deviated from the idea that nonprofits are the main vehicle to promote social goals, and that for-profit companies should only contribute sporadically, via donations to third parties. A new breed of companies is now emerging – those who are socially minded from the get-go to create and impact beyond their company’s bottom line.
GradTrain, an online platform that advises international students on applying to schools abroad, is a perfect example for a “For Profit Social Impact Startup”. GradTrain was founded by five friends from five different countries who felt that studying abroad changed their lives, and decided to help the next generation of applicants fulfill their potential.
GradTrain’s founders know that international students lack the knowledge about foreign education systems, as well as the network of family, friends and even prof…