Tisdale business makes a Dragons’ Den deal
An apparel business in Tisdale is looking to broaden its reach in small towns across Canada after some financial support from the CBC program Dragons’ Den.
Scott and Kristie Homstol, the owners of Little Town Apparel, asked for $225,000 for 15 per cent of their company. Vincenzo Guzzo, one of the Dragons, showed interest and offered $125,000 for marketing services and $100,000 cash for 25 per cent of the company, which the Homstol’s accepted.
Little Town Apparel started in the Homstol’s hometown of Tisdale back in 2016, when the town changed its slogan from “Land of Rape and Honey” to “Opportunity Grows Here.” The change caused debate amongst residents, so the Homstol’s started designing logos for both slogans and other Tisdale exclusive characteristics on T-shirts, three-quarter sleeve shirts, hoodies, kid’s shirts, and tank tops.