Lockerbie flower business blossoms into tourism sector with £20,000 loan
Lockerbie-based entrepreneurs, Rebecca and Scott Masterton, are diversifying their floriculture business, The Pretty Wild Flower Co, into the tourism sector.
The move follows their recent receipt of a £20,000 loan through the British Business Bank’s Start Up Loans programme via Transmit Startups, making their venture the beneficiary of the sixtieth million pound delivered by the scheme in Scotland.
The funding has facilitated the Mastertons’ development of an additional revenue stream, centring around a shepherd’s hut ‘glamping’ unit for two, positioned in their Christmas tree field. Additional uses of the funds included the purchase of a small tractor and the installation of two polytunnels, enhancing their flower production capacity by a third.
The business was launched shortly after the pair got married, when Rebecca noticed a gap in the market for sustainable, locally sourced flowers used in wedding bouquets and for venue decorations. The couple identified a plot of land beside their home as the best site for growing flowers and, with skills from his day job in agriculture and forestry, Scott was able to turn the unused patch into the now-blooming flower farm.
Scott said: “In addition to growing stunning flowers, we’ve seen growing demand for interactive experiences and workshops that our customers can get more involved in. We’re already working on plans to incorporate a pick-your-own element for people who stay at the new shepherd’s hut. The location is unlike anything else and will offer a picturesque, off-grid escape in the middle of our Christmas tree field.
“Sustainability is at the heart of all that we do and our flowers are grown organically and picked by hand. The polytunnels we use were recycled from another local farm, and we’re also developing our dried flower business which means fewer freshly cut plants end up as waste.
“Floristry began as a hobby for my wife, Rebecca, but thanks to funding and support from avenues like the Start Up Loans programme, we’ve been able to make it a full-time career.”
Since its inception in 2012, Start Up Loans has supported over 6,700 entrepreneurs in Scotland with more than £60 million in funds. On average, each business owner has received £9,000 as well as being offered support in areas including marketing, business development and business plan writing.
Notably, Edinburgh and Glasgow have received the highest proportions of loans, with £9.2m across 833 loans and £8.3m across 962 loans respectively.
Barry McCulloch, senior manager, UK Network, Scotland at the British Business Bank, said: “Scottish entrepreneurialism has seen us support some wonderful businesses since Start Up Loans launched more than a decade ago, including The Pretty Wild Flower Co and many others in the outdoors and tourism space.
“The fact that £60m of loans has now been allocated to Scottish founders highlights the effectiveness of the scheme in addressing regional imbalances and access to finance among smaller businesses.
“We hope that creative, ambitious entrepreneurs from all over Scotland are inspired by the stories of successful businesses and encouraged to take the next step towards being their own boss. We’re excited to see what the next generation of Scottish founders brings.”