While the World Economic Forum forecasts that the handmade and small-batch sector will reach $1 trillion by 2024, the sector has historically lacked investment, digitisation and access to global markets - despite being the world’s second-largest employer after agriculture.
Powered by People is a wholesale marketplace for conscious buyers, enabling sustainable small-batch makers all over the world by giving them access to global markets through its B2B tech platform – using tech for good to level the playing field for makers so they can compete with much larger manufacturers of factory-made goods. Powered by People’s pipeline of small-batch manufacturers comprises many women entrepreneurs who - with better access to learning and digital tools - can become bigger and more established businesses supporting their communities. It is within this pipeline that the real impact - elevation and social change – lies. The Powered by People marketplace makes responsible, sustainable and social-impact buying easy by providing financing to makers and flexible payment terms to buyers.
TRANSFORM is bringing digital tools to Powered by People’s pipeline of 5,000 small-batch makers to provide access to global markets. TRANSFORM has supported in developing a unique blended capital model that has been catalytic in raising additional private investment and delivering both commercial success for Powered by People's partners as well as positive social and environmental impact.
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