Gelato shop adds 10 workers
Gelato shop adds 10 workers
The Gelato Fiasco
Brunswick, Maine

We've been making gelato in a small town in Maine since 2007, and we wanted to expand to the bigger city of Portland, the cultural center for the state.

We had a great relationship with a local bank here in Brunswick, and when we found a spot in Portland, we went to them and talked about our plan. They gave us a verbal go-ahead and we went ahead and signed a lease.

In the end, we got rejected because our collateral for the store was not sufficient. We were stuck with a lease we had signed, in a perfect spot, and what we thought was a perfect plan.

So we turned to Coastal Enterprises, a CDFI in our area, and told them about our situation. In about a month, we got a $140,000 loan. We opened the new location in the first week of February and we're already off to a great start. We're looking to add 10 people to our 21-person staff, including both full- and part-time workers. We've already filled six of those positions.

I had heard about the Create Jobs program. The best thing Starbucks can do to sell more coffee is to get more people working and earning money -- it makes good business sense. I had never imagined that I would be the recipient of it not three months later.

- Josh Davis, co-owner


By Annalyn Censky @CNNMoney - Last updated February 16 2012: 1:55 PM ET
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