Founded in 2008, Icebox Knitting manufactures two distinct brands of knit headwear and accessories for distribution in the US, Japan and South Korea.
Owner/operator Scott Baker has created a unique success story with his handcrafted wool hats and accessories. Utilizing antique knitting and sewing machines, combined with world-class Merino yarns, Icebox Knitting uses timeless craftsmanship to produce awardwinning knit hats in Colorado under their recognized brands Xob and Dohm.
A four-time recipient of “Best of Boulder,” a certified B-Corp, Apparel Magazine Innovator of the Year recipient, and awarded Best in the World for Environmental Impact, Scott has woven his lifestyle into a force for good by upcycling wool blend sweater and old suit jacket pieces into modern hats and accessories.
Originally referred by mentor Richard Krueger whose antique equipment from the Alpine Knitting Mill is used by Scott and his staff today, Icebox Knitting received two loans from Colorado Enterprise Fund (CEF). While the initial loan was earmarked for raw material inventory, the second loan helped the company purchase their new headquarters in Longmont, doubling their footprint from their first location and giving staff the space they needed to make product for their direct competitors in smart growth private label partnerships.
“CEF is a real asset to Colorado because they bring together key players that small businesses need to meet their goals and dreams,” said Scott. “Our business has had such a significant impact from the use of CEF’s Business Acceleration Services (BAS), and its value continues to be realized!” Scott took advantage of BAS to turnaround his business with quality management practices, employee motivation and incentives, cash budgeting, and to buy out his original business partner.
Scott has called on CEF assistance many times, receiving expert timely advice and critical referrals to other professionals for support through CEF’s BAS team of consultants. He continued his entrepreneurial education in 2015 by graduating from Goldman Sachs 10,000 Small Businesses (10KSB) training program at Babson College in Boston which pointed Scott in a new direction.
“I wrote my 10KSB growth opportunity on expanding distribution in Germany,” he emailed as he headed back to Colorado from Munich after attending an 8 day trade fair called ISPO.com. “I joined a COOP (Colorado Original Outdoor Products) of Colorado outdoor companies and received a grant from Colorado’s Office of Economic Development and International Trade (OEDIT) to attend and do pre-show outreach. I believe this trade fair was a success and look forward to ISPO 2017!”