Bidx

bidx is a software company that offers online Portals to intermediaries like banks, incubators, accelerators, funds, chambers of commerce, etc. The Portals offer services for entrepreneurs seeking finance, advice and business contacts. The bidx system matches entrepreneurs with mentors for advice, and with investors for finance and coaching. Also the Small and medium-sized enterprises are matched together to become each other’s buyers and suppliers. These Portals are mainly used by entrepreneurs in emerging markets.[4]

bidx BV
TypePrivate
IndustrySoftware
Founded2011
HeadquartersAmsterdam, Netherlands
Products
Entrepreneur Portals,[1] Business Plan Competitions,[2] Hotline[3]
Websitebidx.net

Social and Economical Impact

bidx Entrepreneur Portals are used by Business in Development Network, and it was reported in 2010 that 12 of those portals were used in Argentina, Bolivia, Colombia, Ecuador, Mexico, Peru, Jordan, Kenya, Uganda, Rwanda, Tanzania, and the Philippines. As of August 2009, those portals had 27,144 members and 1,651 business plans. Approximately 70 percent of the business plans were submitted by start-up companies, and 27 percent were submitted by female entrepreneurs.[5]

In 2010, Barack Obama awarded $2 million to bidnetwork at the G20 summit for being a leading innovation for SME financing.[6]

In 2015, the company opened an office in Kenya.[7]

References
  1. bidx Portals
  2. bidx Competitions
  3. bidx Hotline
  4. "BiD Network partners". Archived from the original on 3 February 2015. Retrieved 29 January 2015.
  5. Newland, Kathleen; Tanaka, Hiroyuki. Mobilizing diaspora entrepreneurship for development (PDF). Washington, DC 20036: Migration Policy Institute Washington. p. 11. Archived from the original (PDF) on 6 March 2016. Retrieved 29 January 2015.CS1 maint: location (link)
  6. "G-20 SME Finance Challenge Winners -". Changemakers.
  7. "Kenya, Africa's rising entrepreneurial star?". Archived from the original on 2016-08-20.
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