26 March 2013
The wave of conscious capitalism and social enterprise is rising around the world, and some of today's businesses are working harder to deliver exceptional value for their customers and stakeholders.
A collaborative partnership was announced today between StartSomeGood and Bucky Box, with a focus on catalysing the good food movement by supporting grassroots entrepreneurs to build a local food business in 3 months.
The Local Food Startup Challenge was created by Bucky Box and launched in February 2013 to a clamour from southern hemisphere food business startups. Bucky Box's head of community, Sam Rye says "We thought we had hit on a good idea after hundreds of conversations with people who were already running, or wanting to start a local food business. We were delighted at the response of how many more people have found out about the Challenge, and got in touch to benefit from our software for food distribution and our partner's services".
The Local Food Startup Challenge brings together the products, services and exposure that all new businesses need to get started and make it through the tricky startup phase. Conversations led the Bucky Box team to identify the critical elements for successful enterprises included seed funding, affordable enterprise quality software, community buy in, publicity, and small business support.
“At StartSomeGood, we know there is no shortage of people with good ideas to create a better future,” said Tom Dawkins, co-founder of StartSomeGood. “But one of the key stumbling blocks for changemakers is getting that initial support, in terms of community and funding. Crowdfunding on StartSomeGood can help Local Food Startup Challenge entrants raise that essential capital, while simultaneously cementing a community of early adopters who are passionate and engaged, and ready to champion your service amongst their family and friends.”
“We work with hundreds of social innovators to help them identify their community and effectively tell the story of what they hope to achieve and why. Once you make that connection, the support will follow. A successful crowdfunding campaign also serves as a proof of concept, demonstrating a genuine demand for your offering and allowing the opportunity for early customer feedback and market research.”
Bucky Box and StartSomeGood realised that working collaboratively together, they could enhance the value of each one of their services to the entrants of The Local Food Startup Challenge and help kickstart local food businesses around the world. This kind of collaborative approach is unlocking exciting possibilities for independent artists, artisanal micro-enterprises and lifestyle business owners who would previously never had access to these types of services.
Since its launch in 2011, StartSomeGood has supported hundreds of ventures and projects with an agenda for social change, each raising anything from a couple of hundred dollars to over $100,000. Unlike other crowdfunding services, the platform is open to both for-profit and non-profit enterprises, organisations and individuals. There are no restrictions based on country, and successful StartSomeGood campaigns have run in 23 nations to date.
“Making our software accessible to new local food enterprises around the world through our $500k startup fund has been a key part of our vision to grow the local food movement for a better food system. We’re thrilled that more businesses are operating today because 6 weeks ago we launched the challenge, it means that more fresh, healthy produce is being consumed and more small farms and producers are supported. It’s testament to StartSomeGood’s ethics and ethos that they spotted our challenge and offered to get involved - it takes the challenge to another level, opening the crowdfunding opportunity up to our global audience.” said Bucky Box founder, Will Lau.