News - 4th September, 2019

Bankuet founder Robin Ferris is featured in The Grocer

We are thrilled to see Robin Ferris, founder of Bankuet, featured in a recent article in The Grocer, the UK’s only paid-for weekly magazine covering the fast-moving consumer goods sector.

Robin participated in Resurgo Ventures’ 2018 Social Impact Accelerator, a 12-week programme designed to challenge, connect and help social entrepreneurs thrive. The Accelerator supported Robin in his vision for Bankuet to (as quoted in The Grocer), ‘enable food banks with digital tools to multiply their work tackling food poverty by getting them precisely what they need, when they need it, and making it easier to give’.

The number of food banks and people requiring emergency food parcels in the UK is on the rise, and whilst many supermarkets do seek to partner with food banks in different ways, in-store donation schemes lack long-term strategy, resulting in a ‘mismatch between [food banks’] demand and the donations that shoppers drop off at collection points’.

Bankuet is cited in the article as an example of an independent initiative successfully working to overcome this challenge, as it ‘aims to streamline the [food donation] process by allowing donors to buy and donate supermarket items via a single online platform’.

Bankuet is at an exciting pilot stage. Testing of the concept with Wandsworth Food Bank has been positive, and as quoted in The Grocer, ‘the scheme is showing real promise’. Dan Frith, manager at the Wandsworth Foodbank, says, ‘With Bankuet we are able to submit a bespoke ‘wishlist’ of exactly what is needed and what quantities will be most helpful.”

Bankuet are now launching their second pilot, with Norwood and Brixton food bank, and are seeking consumer feedback:

We are delighted to see Bankuet going from strength to strength and receiving recognition for their efforts.

If you’d like to learn more about the Resurgo Ventures Social Impact Accelerator, click here:

If you’d like to learn more about Bankuet, click here: