Berry founded Municibid, a Conshohocken-based technology company. Through its online auction portal focused on government surplus, Municibid.com has helped government agencies earn millions of dollars that will aid with future purchases.
Philadelphia, PA (PRWEB) April 30, 2013
Municibid Founder and seasoned entrepreneur, Greg Berry has been named to the Philadelphia Business Journal’s 2013 Class of 40 Under 40. The 40 Under 40 award, now in its 23rd year, recognizes young professionals in the Delaware Valley for outstanding success and contributions to their community. This year’s group were selected from 250 nominations.
Mr. Berry and the other honorees will be profiled in a May 3rd awards supplement of PBJ and toasted at a dinner on May 22 at the Crystal Tea Room.
Berry is the Founder and CEO of Municibid, a Conshohocken-based technology company. Through its online auction portal focused on government surplus, Municibid.com has helped government agencies earn millions of dollars that will aid with future purchases, reducing burden on taxpayers. Since its inception in 2006, Municibid has grown to serve 1000 government agencies including big cities like Philadelphia, to counties (Montgomery County and Delaware County locally), boroughs, townships, D.A. offices, school districts, universities, authorities and utilities all around the nation. Municibid’s team of 10 all reside in the Philadelphia area.
Greg began his entrepreneurial journey at the early age of 18, when he founded an IT consulting business in 1998. His first experience working with government and municipalities was in 2005, when at the age of 26 he was elected to Pottstown Borough Council. He was the youngest person in history to become the Vice President of Council and the Chairman of the Finance Committee. Working within government and keeping close tabs on the financial goings on gave Greg the background knowledge and inspiration to find ways to help municipalities sell their surplus items for earnings that could help with future purchases. With the existing processes, government agencies were selling surplus for pennies on the dollar instead of true market value. Few people knew items were for sale, and the process was not truly competitive or convenient. Introducing Municibid to this market has led to better public awareness of the available surplus and more convenience for bidders. Perhaps most importantly, this online auction process has led to more non-tax revenue dollars for the municipalities.
With his experience in technology and IT consulting and a Computer Science degree from Lehigh Valley College, Greg assembled a team of developers and designers to launch the online auction site, designed specifically for government and municipalities. Now serving over 800 agencies, Municibid has successfully garnished millions of dollars in revenues to be put back into those agencies’ purchasing budgets, lessening the burden on taxpayers and supporters.
In an effort to support the Philadelphia technology community and the entrepreneurial success of the region, Berry is personally involved in local knowledge-sharing groups, such as Philly Startup Leaders. Municibid is a proud supporter of Philly Tech Week, and Berry has personally mentored many other Pennsylvania startups. His experience in various business and civic organizations over the years has given him the resources to now focus his energy on helping communities throughout the country improve efficiency and fiscal accountability.
The full list of Philadephia Business Journal’s 2013 Class of 40 Under 40 can be found here: http://www.bizjournals.com/philadelphia/news/2013/03/22/philadelphia-business-journals-40.html
Municibid.com is an online government auctions platform serving 1,000 state and local government agencies across the US from cities like Philadelphia, Boston and Baton Rouge, to small towns, authorities, school districts and universities. Municibid is designed for government agencies to more effectively sell surplus, forfeitures and other no longer needed items to the public via a convenient and easy-to-use website. Municibid proactively markets items nationwide via social media and traditional avenues at no cost to the selling agency.