- Warwickshire-based business has been handpicked by the Government backed Start Up Loans Company as one of six ambassadors
- Business to attend launch event at Houses of Parliament on 8th June
- Start Up Loans has delivered over £18million to West-Midlands businesses bringing its lending total to more than £210million in the country
A Warwickshire-based business has been chosen to represent successful UK start-ups by the Government-backed Start Up Loans Company (SULCo) with the launch of its Ambassador Programme.
Kokoso Baby, which produces premium coconut oil products specifically for baby skincare, is one of six start-ups that will be showcased as one of the Government backed company’s top success stories and inspiring businesses. Husband and wife founders, Mark and Lauren Taylor, will be honoured at a dedicated launch reception on 8th June, at the Houses of Parliament in London.
The Westminster reception will begin with a panel discussion chaired by Start Up Loans Company’s CEO Tim Sawyer. Tim will be joined by senior Ministers, who helped launch SULCo in 2012, alongside local MP’s and representatives from the Department of Business, Innovation and Skills (BIS).
Mark and Lauren were inspired to set up the business when their daughter was suffering with a dry skin condition and they found that many coconut oils on the market were stripped of their nutrients and unnecessary chemicals were often used during processing.
They started the business in 2014 with the support of a £10,000 Government-backed Start Up Loan. This year, the business is on course to increase turnover by 500 per cent and Mark and Lauren are expanding their global customer base. Since launch, Kokoso Baby has been stocked by popular high street retailers, including Boots.
Lauren Taylor, co-founder of Kokoso Baby, said:
“The support we received from the Start Up Loans Company was fundamental in allowing us to get our business off the ground and since then we’ve achieved more success than we could have hoped for. We feel very privileged to have been selected as ambassadors by an initiative that helps so many innovative and hardworking people turn their dreams into reality. Through our role as ambassadors we’ll be working to encourage start up business owners to think of the funding options out there to support them throughout their growth journey as they set up on their own.”
Tim Sawyer, CEO of Start Up Loans Company, said:
“The launch of our Ambassador Programme is an opportunity to pay tribute to those entrepreneurial individuals who have taken the steps to launch their own businesses. Starting out on your own is no mean feat, but businesses like Kokoso Baby are proof that it can be done. What budding business owners in the UK need to remember is there are multiple support networks out there to make it a far less daunting experience, and provide the guidance and support necessary to help you make your start-up goals a reality.”