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CollaB2B

Georgia
Market: Logistics and warehouses, Trade, Other, Blockchain
Stage of the project: Operating business

Date of last change: 15.11.2022
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Idea

“CollaB2B” is a multifunctional B2B Sales platform, which gives businesses the ability to trade in the international marketplace and gain access to all the services needed for this trade.

Current Status

CollaB2B started communication with potential clients from the early stage and shaped the final idea accordingly. After that, we presented CollaB2B's idea to business associations, resulting from the signed
contract which appoints to their massive interest. Also, our startup won several international and local accelerators, within which the team had networking stand-ups/pitching with businesses, as a result of which we earned quite a lot of interest In both, the Georgian and Polish markets.
As of today platform of Collab2B is launched and has more than 20 registered businesses.

Problem or Opportunity

In the case of wholesale trade, businesses do not have information about potential suppliers or buyers, which creates an un-direct connection to the manufacturers, also Procurement related sub-processes are scattered.
As a result, businesses get reduced scale of trade and high prices.

Solution (product or service)

CollaB2B is an online platform where businesses can register, upload/purchase products, advertise, and
receive legal, and logistical services without leaving the site. To make the wholesale trade process more
efficient, we give businesses the ability to make smart contracts on the platform and make transactions
in accordance with the agreement. It is possible to freeze the money for more security.

Business model

CollaB2B will generate revenue from two sources:
commission from the transaction, which will be an average of 6%
The cost of a monthly premium subscription to the platform will be 50 dollars on average at the first stage.

Incubation/Acceleration programs accomplishment

„Acceleration Program for Georgian innovative startups – sector ICT“ held in Poland by PARP, GITA, and Polish aid.
Pre-acceleration program by Impact Hub Tbilisi,
and now passing Founders Institute's FI core program with the fellowship
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