Online marketplace launched to help bakers find production space

first_imgSource: OccupydAn online marketplace is set to connect bakery businesses and individuals searching for production spaces.Called Occupyd, it claims to be the first of its kind to connect businesses and individuals searching for workspace with companies looking to monetise their extra capacity.For example, a bakery that closes its doors at 3pm each day can advertise its kitchen space on Occupyd for small businesses or entrepreneurs who cater to the evening market. This provides out-of-hours income for the owner and cuts down the financial responsibility of the occupant.Founded by Callum McPherson, the online marketplace caters to a number of industries across the UK, including foodservice and hospitality, as well as workshops and event spaces.“A large number of organisations have been affected by the ongoing pandemic, which has had a huge impact on their bottom line. We’re driven to make life a little easier by facilitating relationships between businesses on the hunt for workspace, and those that have extra capacity, so they can help each other out and continue to grow,” McPherson said.There is a hidden market in monetising after-hours capacity, which would otherwise be empty, or renting out supplementary workspace, he added.As well as offering dedicated support, Occupyd will not charge occupiers until they have come to an agreement with the space owner. Users are encouraged to inform their insurance provider and set out their own rules and terms of use just as with platforms like Airbnb, it added. They can put down contracts and deposits if they wish.Space seekers can pay for their space securely through its payment partner Stripe’s cashless system and the online marketplaces takes 5% from the space seeker and 5% from the space owner on completed bookings.“Taking a five- or 10-year lease on a building, paying a hefty deposit and having access to it 24/7 is not what most SMEs and microbusinesses want or can afford. We give them access to space in prime locations, when and where they need it, so they don’t have to pay for more than they require. Not only do we save them money on space, but also equipment such as oven and mixers, which would otherwise have to be bought.”To sign up, businesses can create a profile and field enquires from interested parties.last_img read more

"Online marketplace launched to help bakers find production space"

Equity Bank, Express FC enter Shs 100 million marriage

first_imgExpress CEO Junju Hamza (left), Chairman Kiryowa Kiwanuka(2nd left) and Equity Bank officials at the Bank head quarters on Thursday morning (Photo by Agency)KAMPALA – Express FC looks to have started its road to stability after they signed a sponsorship deal with Equity Bank on Thursday morning.The Red Eagles who have struggled for years in terms of attracting sponsors have already started ripping dividends from the appointment of new Club Chairman Kiryowa Kiwanuka.Kiryowa, a grandson to club founder Jolly Joe Kiwanuka was announced as the new club head last week and he immediately promised to bring on board sponsors to the club.Just over a week after his statements, he has already lived up to the promise as Shs 100 Million will be invested in the club by Equity BankSpeaking at a press briefing at the Bank’s head offices-Church House in Kampala,  Equity’s Executive Director Anthony Kituuka said that his institution was pleased to partner with the Red Eagles.“We are pleased to partner with a club that has a sting heritage and is committed to empowering communities through Sports development, said Kituuka.“We have marked 10 years and better structured to serve all customers from all walks of life.“The bank has grown because of partnerships with organizations that have a lot of sentimental plans and clear development plans.“We want to build the club and its members. We have seen the return to order. Express FC is a very good avenue to build.“We are honored to announce a package of Shs 100 Million that will be invested into the club.The season long partnership also sees an introduction of the ‘Equity Express card’ that will be issued to club members and partners so as to access various services.The Equity Express card will go for Shs 50,000 and  will be used to purchase tickets to watch all home matches.Speaking on the new partnership, Club Chairman Kiwanuka assured the Express family that they have started on their journey to recovery.“This is the partnership has been weighed and it’s fitting. Said Kiwanuka.“Fans will need to use the Equity Express Card for a cost of Shs 50,000 per season and it will be membership card for Express FC fans, continued the ‘savior’ as many of the Express fans have already started calling him.“I thank Equity Bank for the trust and confidence they have put in us but we seek discipline from all the fans. Stones and fights never score a goal. Express fans ought to embrace Equity.“This is just the beginning of an exciting journey for Express Football Club“If we perform well, then this partnership will be renewed.Details about the breakdown of the Sh100M were not revealed to the press.It is also believed that the club will unveil more sponsors in the coming weeks before the season starts.Comments Tags: Epress FCEquity BankKiryowa Kiwanukatoplast_img read more

"Equity Bank, Express FC enter Shs 100 million marriage"