Chaunci King founded Royalty Spirits in 2013, distilling and selling Miru Vodka: high-quality pear-flavored vodka made locally in the Pacific Northwest. The name Miru is appropriate, because Miru is a dominating Sea Goddess, and Chaunci plans for her company "to dominate the world of flavored vodkas." She's determined to succeed in a white, male-dominated industry.
Micro Enterprise Services of Oregon provided Chaunci with business development services, MarketLink research, an Individual Development Account and financing. Thanks to MESO's support, Chaunci has been able to launch two new products: non-flavored vodka and whiskey.
Previously, Chaunci was unable to access capital to grow her business. She lacked strong cash flow, collateral and time spent in business. Chaunci was about to sign up with an online lender whose loans had predatory rates, because she had pending orders and needed to fill them. Fortunately, MESO provided Chaunci with a $30,000 loan just in time.
"You know I'm a bartender by trade; I noticed most flavored vodkas that are catered towards women are super sweet and missing the vodka bang! So I decided I wanted to create a vodka that was for us by us, less sugar, delicious pear flavor and natural vodka essence! Whiskey was an automatic second product with a trending rise as a drink of choice with millennials and my preferred sipper." - Chaunci King
Big Body Towing
Ron Brown came to Micro Enterprise Services of Oregon in 2007 for help with his first business, Big Body Towing. His excitement was contagious. MESO matched his enthusiasm with their support, setting achievable goals and mapping out strategic plans to help with his vision of growth. Over the years, Ron has gone through numerous challenges, but he has faced them head on with a positive attitude. Ron’s customer service is top notch, and his humor gets him through the daily challenges of owning a business.
Last year, Les Schwab offered Ron the opportunity to buy the property he was renting. Ron had difficulty raising the needed capital and returned to MESO for advice. As 2015 drew to a close, MESO asked their longtime supporter, United Fund Advisors, if they could place loan capital they'd allocated to MESO to help Ron purchase the commercial property. With United Fund Advisor's consent, MESO provided the $70,000 necessary to purchase the property, currently valued at $225,000.
Several individuals and companies came together to help create long-term financial security for Ron and his family. Because Les Schwab was willing to share their excess property, Ron will have a more sustainable livelihood.
Modern Human Instruments
Jessica Chan is an industrial designer and the founder of Modern Human Instruments LLC. She has a diverse background, from teaching martial arts and personal training to customer service, construction, freelance art and design. Jessica's parents, immigrants from China, hoped their daughter would become a doctor. However, Jessica's passion lay with entrepreneurship and design. With all her zeal and stubbornness, she began making her mark in the industry.
Jessica's first product, an innovative writing instrument called the WinkPen, is built to write with wine, coffee or tea, and it is already sold out. Jessica's vision with WinkPen was to create a sustainable alternative to the everyday writing utensil. She wanted to provide "a high-end innovative writing instrument for artists and collectors alike."
"As with any startup company, the journey can be crazy and very unexpected. I quickly learned that the support system and people you choose to surround yourself with was key to making it and becoming successful. There's always an answer if you look hard enough." - Jessica Chan
Jessica secured seed funding through Portland Development Commission's Startup PDX Challenge. She also participated in the Streetwise MBA program through PDC and MESO; and she accessed an IDA, MarketLink market research, credit building and financing.
"MESO has been an absolutely wonderful experience. The community within the program is beyond words, and the individualized support and resources— invaluable. MESO not only is a place of knowledge and resources, but also hope and encouragement." - Jessica Chan
Micro Enterprise Services of Oregon is one of Northwest Health Foundation's Kaiser Permanente Community Fund funded partners.