Sponsorship is not charity, it is a two way business deal. In return for giving space on your kart for the sponsor s name, perhaps supplying your kart to that company for special events, maybe providing hospitality at race meetings for the sponsors guests, they give you money or products to help with your racing.
ICR is Saskatchewan's largest privately owned real estate company with offices in Saskatoon and Regina; as well the company services Saskatchewanâs secondary markets.
Definition: The modified internal rate of return, or MIRR, is a financial formula used to measure the return of a project and compare it with other potential projects. It uses the traditional internal rate of return of a project and adapted to assume the difference between the reinvestment rate and the investment return. What Does the Modified Internal Rate of Return Mean? MIRR is a revised version of the internal rate of return (IRR), which calculates a reinvestment rate and accounts even or uneven cash flows.