Startup of the Week - COLLECTIVfood
by Startacus Admin
Like many industries, the food sector has generally always relied very much on the middleman - typically the wholesalers who form the link between retailers and buyers. Whilst this traditional supply chain has served the industry well to date, a little innovation would surely be welcomed, especially when it benefits both restaurateurs and food producers alike.
This in essence is at the very core of our latest startup of the week.
COLLECTIVfood is an online procurement platform where restaurants can connect directly with independent food and drink producers.
If you’re a restaurateur, there’s no need to liaise with wholesalers and hope that the products you require are either in stock or of the required standard when they eventually reach you - you can link directly with the food producer.
All the food producers featured on the platform are either independently owned, and produce, grow or rear their own products or alternatively add some additional value to products made by other independent producers or fisheries.
Either way, the quality of the produce is paramount and must meet all required standards before it is listed on the site.
By sourcing their ingredients from COLLECTIVfood, restaurateurs then can be confident that they
are ensuring that their customers receive the best produce available. Also, since the platform enables restaurateurs to compare product prices and track and manage stock orders and invoices, it also helps them become more productive and profitable. Music to the ears of any business person!
Of course it is not just the restaurateurs who benefit from this innovative platform. For food producers, the platform provides an excellent way of enabling them to reach an entirely new customer base and thereby generate revenue and grow their businesses.
We love the fact that COLLECTIVfood is disrupting a traditional business function in such a huge industry and also that the impact of that disruption is so positive for all concerned. Everyone benefits - the food producers, the restaurateurs and also the customers.
It may still be relatively early days for this startup but we reckon it is certainly one to watch…
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
EISA Survey reveals how key growth businesses needing investment now may disappear within 12 months if Government fails to act
Selfie Salon wants you to join the #selfiesalon movement to #stayhomesavelives by showing your support in taking a before-and-after beauty self-grooming picture!
Coronavirus. How do you survive as a business owner with minimal or no business at all? Consider the following tips...
Crowdcube launches campaign and calls on the government to take action to protect Britain's entrepreneurial future...
A UK-based social enterprise Lanterne, has developed, and is soon to launch, Keep Your Distance, a free app that will help us observe social distancing.
Bring! is a digital grocery tool that simplifies grocery shopping for you and anyone you are shopping for.
In a bid to help brands during the current pandemic, the GreenJinn grocery app makes some rapid changes to its service
Coronavirus & furloughing employees. Nichola Hailes of Payfit looks to answer some of the most frequently asked questions about the job retention scheme.
For startups entering the food industry, here's why accurate labelling on ready-to-eat food products is important.
Whether you’re looking to create a frugal startup, or it’s already up and running, here are 4 tips to reduce costs while keeping the work environment pleasant.
Published on: 21st February 2018
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Industry survey indicates impact of COVID19 on growth businesses needing investment 7th Apr 2020 EISA Survey reveals how key growth businesses needing investment now may disappear within 12 months if Government fails to act
- Save Our Startups campaign launched 5th Apr 2020 Crowdcube launches campaign and calls on the government to take action to protect Britain's entrepreneurial future...
- Cerebreon the Irish deep learning startup raises £1.5m in seed funding 31st Mar 2020 The insolvency technology startup secures funding to help support the UK's most vulnerable consumers to avoid bankruptcy
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
