Local Business Marketplaces
Introducing VIT's Local Business Marketplace:
Empowering Local Procurement
VIT develops Local Business Marketplaces that are designed to cater to buyers who prioritize purchasing from their local markets, whether it be cities, communities, or states. These unique B2B marketplaces exclusively connect buyers with vendors who are local to their region, with a particular focus on MWBE (Minority and Women-Owned Business Enterprise) businesses.
At VIT, we understand the importance of supporting and nurturing local economies. That's why our Local Business Marketplaces provide a platform where buyers can seamlessly access a wide range of products and services offered by vendors from their own communities. By choosing to purchase locally, buyers not only contribute to the growth and development of their local businesses but also foster economic sustainability and job creation.
Develop a marketplace with a diverse group of local vendors.
VIT's Local Business Marketplace collaborates with local municipalities & local business entities
Ensure buyers have a wide array of options to meet their procurement needs.
Have a user-friendly platform that makes it easy to discover, connect, and transact with trusted local suppliers.
Support the buyer’s commitment to sourcing products and services from their own community.
Key Features With Your Subscription
Integration with Procurement Platform/Financial System
Buyer specific rules
Access to the best MWBEs in your area
Option to help recruit top businesses in your area that you want to work with
One example of our successful Local Business Marketplace is the ELM marketplace. This marketplace is a Chicago area marketplace, it has multiple buyers who each have a unique view of their personalized marketplace. By bringing together the local buyer community with a curated selection of vendors, VIT's Evanston Local Marketplace enhances collaboration and fosters mutually beneficial partnerships within the local business ecosystem.