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Company started by Kristen Bell, Dax Shepard plans Waco diaper plant


A Los Angeles-based diaper company started by actors Kristen Bell and Dax Shepard hopes to join Waco s industrial landscape, investing $31 million and creating 110 jobs while pursuing tax breaks and business grants from local government.
Unconditional Love Inc., which does business as Hello Bello, has leased the former Domtar facility at 2101 Texas Central Parkway. There it proposes making premium diapers and other related childcare products for sale. Walmart is among retailers carrying Hello Bello-branded goods.
Domtar Personal Care shuttered its 303,000-square-foot Waco facility in 2018 as a cost-cutting move, eliminating about 145 positions. To qualify for perks from Waco, which is offering a business grant, Unconditional Love Inc. must lease the building at least nine years, create and maintain 110 jobs, and pay a minimum wage of $15 an hour for all jobs, plus health insurance benefits, according to a breakdown included in the Waco City Council packet. ....

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Funding for fledgling businesses focus of two new operations in Waco


A San Francisco company founded to funnel loans to mom-and-pop shops in developing nations has brought its act to Texas, collaborating with Startup Waco to make no-interest microloans available locally.
Kiva, a nonprofit founded in 2005, has chosen to make Waco a “Kiva Hub,” the first city in Texas to receive such a designation, Startup Waco CEO Jon Passavant said. He welcomed small business needing a loan up to $15,000 to contact Startup Waco, headquartered at 605 Austin Ave.
The Waco City Council gave the local Kiva Hub a financial kick-start, awarding it a $50,000 grant. Passavant said he hopes to approach individuals and foundations about putting additional money behind Kiva. ....

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