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02 December 2004
Daily Express
Success is sweet as chocolate king joins elite club

CHOCOLATE king Simon Coyle has joined Scotland's most exclusive business club which has serial entrepreneur Tom Hunter as its chairman and includes Gadget Shop boss Chris Gorman on its board.

Membership of the Entrepreneurial Exchange is by invitation only and is a huge compliment to the 28year-old businesman who has seen the luxury chocolate company he founded three years ago grow significently.

Kshocolat now has three Scottish stores, a production and packaging facility in Glasgow, and a network of 140 stockists across the UK, including top people's stores Liberty and Harvey Nichols.

Simon, who has been an Associate Member of the Entrepreneurial Exchange for a year, said: 'I feel privileged to have been voted an Associate Director on the Entrepreneurial Exchange Board, as this role means that I will now represent the other 95 Associate Members of the Entrepreneurial Exchange in helping to shape the organisation's future.

'Associate Members of the Entrepreneurial Exchange are generally founders of companies in their early stages of growth, while Full Members tend to be those who have been in business for a number of years.

'Generally, members must be a founder of a high growth potential business. It must be a business that will create jobs and wealth, and the Entrepreneurial Exchange provides an excellent support network for founders.

'I suppose Kshocolat has been recognised as a typical early stage company which has a strong base in Scotland, and which has been working hard to grow from its Scottish roots. It's been a tough time. The team has been working very hard, but our extensive new client list is worth it.'

In his new role as Associate Director, Simon was appointed chair of an Entrepreneurial Exchange 'Supper Club' for the month of November.

He said: 'I was responsible for hosting the November Supper Club which had the theme 'Outshooting the Big Guns' - something all small companies are tasked with in a bid to remain competitive.

This particular theme was about getting members to share their experiences of, and brainstorm ideas for competing with big firms. It included how to work with smaller marketing budgets than the big multi-nationals and still succeed.'


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