The Bidding Marketplace will launch on November 12th, 2014.
Link will go live at 12pm.
What started as a student blog conversation about digitizing the street vending industry is now a street vending movement for the rural poor. Dubbed the emerging “Etsy of the Caribbean” and the future “Ebay for Street Vendors”, the 6 month startup positioned itself as the first mobile bidding marketplace for street artisans in the world.
The aim is to digitize the street vending industry within the next 5 years. That means creating an e-commerce platform for 2 billion street vendors across the globe using data, cloud, and mobile technology. The company actively searched for corporate partners to scale out its mobile technology during its early stages and caught the attention of IBM Brazil representatives during a pilot tour. The founder, Christine Souffrant, pitched the business model to the Head of IBM Global Citizenship and was then recommended to apply to IBM’s Global Entrepreneurship Partnership Network.
By July 2014, the partnership was completed.
Vendedy now has a 3 year agreement with IBM to utilize its cloud, data, and equipment resources to provide this global solution for 150 plus countries.
Beta versions of for each market country will be released in 2015. A soft launch begins in Haiti this fall.
Please direct inquiries and requests for collaboration at email@example.com.
In March 2014, the founder of Vendedy entered a global competition to join 1000 university students selected as global change makers. Christine Souffrant shared her personal vendetta against the exploitation of 2 billion street vendors around the world and traveled from Dubai to Arizona to join the network.
As a child, she witnessed the struggles her family faced shuffling from street corners to flea markets to survive and knew that technology can change this reality for billions around the world.
It was an incredible experience. By June, she officially incorporated Vendedy under a simple concept: a social enterprise startup destined to digitize the street vending industry by connecting global consumers to remote street artisans using mobile technology. Christine returned back to Haiti to pilot her idea with 60 artisans in the capital.
The founder was invited to the 10th Annual Global CGI meeting in September, post the pilot , to give updates on Vendedy’s Poverty Alleviation initiative.
To learn more about our involvement or to support our efforts, please reach us at firstname.lastname@example.org.
About the Clinton Foundation:
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 180 heads of state, 20 Nobel Prize laureates, and hundreds of
leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 2,900 commitments, which are already improving the lives of more than 430 million people in over 180 countries.
Hello followers of the Vendedy movement.
We are pleased to announce that in partnership with IBM and CGI affiliates,
Vendedy will launch a beta version of the Mobile Bidding Martketplace for Street Artisans this November with artisans from Haiti.
Pre-orders for items on the platform will be released on Monday.
Starting January 2014, we will announce the release of artisan products from 20 Caribbean countries.
Announcements for products from South America, Central America, Africa and Asia will be in Spring 2015.
The Vendedy Startup Team.
It’s amazing to see the powerful movements that happen when female trailblazers get together! The founder ,Christine Souffrant, launched Vendedy earlier this year and is a 2011 graduate of Dartmouth College. She reached out to her networks and immediately yielded the support of four phenomenal women of Dartmouth/Tuck affiliations:
The start up is still on boarding the support of its Ivy League alma mater and will provide updates soon!
Vendedy is the first mobile bidding marketplace for street artisans in the world. For the first time, one can upload photos of their work onto online galleries via mobile technology, await consumers to bid on their work within 3-7 day time intervals, ship packages through designated collectors and receive payment via sms message once the order is delivered. Consumers can now access rural artisan designs that come with a story from over 150 plus countries. In partnership with IBM and affiliates of the Clinton Global Initiative, we are launching a global e-commerce platform for the rural remote poor.
Launched as an idea from a student blog, Vendedy is a 3 month social enterprise startup that has exploded onto the global market as a grassroots movement for poverty alleviation efforts across Latin America.
Through its partnership with IBM, the startup will release a beta version of the platform in November 2014 with artisans from Haiti before scaling to artisans from 150 plus countries in the next 5 years. Consumers from all over the world can now bid and purchase the most unique hand made items with just one click.
Beta Launch is November 2014.
Full Roll Out begins February 2015.
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