1 person liked East London Themed Markets1 year ago
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East London Themed Markets
Impact data and claims within this report are provided by the project creator and have not been independently verified by Spacehive.
East London Themed Markets
By The Souk and Bazaar Company
We want to revive our ailing markets and help rejuvenate them by bringing themed market days, bringing the sounds, smell and taste of different regions of the world and in turn create local employment
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This project is preparing for fundraising. Click Like to show your support, or Follow for updates on this project's journey.
Our key objective with this project is to: - Help London emerge out of this covid-19 pandemic stronger, by supporting communities with employment and enterprise as many have lost jobs during the pandemic - Revive markets in East London by bringing themed market days that help and rejuvenate local economies and high streets - Themed markets that support BaME communities into employment/self-employment and enterprise - Support women to become market traders as they are underrepresented in market trading - Provide a e-commerce platform for the market traders to also be able to sell their products to a wider audience and continue trading even when markets are closed - Celebrate the diversity of London through these themed markets The themed markets will initially start in Tower Hamlets, then rolled out to Newham, Hackney, Waltham Forrest, Redbridge and hopefully beyond. Initially themed markets will be to recreate 'SOUKS', and 'BAZAARS' selling arts/crafts, clothing, food and other items.
What we'll deliver:
- Hold 2 themed market days a month - One day Souk and other Bazaar
- Set-up ecommerce website where traders can trade inbetween market days or when markets are closed
- Support local residents into employment/self-employment and enterprise
Why it's a great idea:
Some of our much loved markets are struggling and in turn this is causing a decline in the local areas and the local economy. As a not for profit organisation and local residents, we want to help revive the local markets. Our proposals will being the following benefits: - Revive local markets creating local employment and enterprise - Help rejuvenate local areas by bringing a sense of pride and identity back - Help celebrate the diversity of London through these themed markets - Help BaME communities emerge from the impacts of covid stronger
Steps to get it done:
- Market operating license signed
- 15 Stall holders signed up
- Launch of ecommerce website
- First East London SOUK (Middle East/North African themed market Day) held
- Fisrt East London BAZAAR (Asian themed market day) held
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Journey
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How will the money be spent?Total £67,511
Costs Breakdown
This shows how money raised for the project will be spent. Before entering fundraising these costs will be confirmed by the project's Delivery Manager and verified by the verifier.
Ecommerce website
£15,000
17%
Special Pop-up marques x 25
£11,250
16%
P/T Project coordinator and markets officer
£10,920
13%
Market support staff
£9,000
5%
Marketing/Publicity
£3,500
4%
Contingency
£3,000
4%
PA/Sound system
£2,500
4%
Market decor/signage/facilities
£2,500
3%
Foldable Tables x 30
£2,000
3%
Foldable Chairs x 60
£2,000
Total £67,511
Our Volunteer List
We're currently looking for people to offer skills and time to develop our project! Check out the list of what we need below and then use the 'Volunteer' button to the right to get involved.
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VolunteerAbout the Project Creator
We are a newly set-up not for profit organisation with the aim to helping revive local markets, economy and community by helping to support people into employment and enterprise.
Project Owner: The Souk and Bazaar Company The Project Owner takes legal responsibility for receiving and spending the funds raised and ensuring the project is delivered.
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