Jumping Bean receives funding for export expansion

“The coffee market is dominated by multinational organizations, and we need the support to retain and compete against these organizations with much greater scale. Coffee may be a small purchase, but it has a big impact on our local manufacturing.” Jeff Ledrew Jumping Bean CEO

Mount Pearl’s Jumping Bean Coffee is expanding into export markets thanks to $50,000 in provincial funding.

The company will use the provincial funds, along with $100,000 of its own money, to hire social media management and sales and marketing consultants to aid in improving customer and client communication, pre-sales and generating leads.

The independent brand was incorporated in 2005 and has since expanded into importing and roasting coffee beans at its plant in St. John’s, supplying independent and national retailers and running a network of local cafés. “The continued support from the Provincial Government allows small businesses to grow in highly competitive markets,” said Jumping Bean Coffee CEO Jeff Ledrew. “The coffee market is dominated by multinational organizations, and we need the support to retain and compete against these organizations with much greater scale. Coffee may be a small purchase, but it has a big impact on our local manufacturing.”