Home / Knowledge / News / Fashion / BFC launches new fund for British Fashion Talent
BFC launches new fund for British Fashion Talent
09
Nov '09
BFC chairman Harold Tillman
BFC chairman Harold Tillman
The British Fashion Council(BFC) announced a new landmark designer support scheme 'The BFC Vogue Designer Fashion Fund'. Part of the BFC's 25th Anniversary Legacy, the Fund is being launched by British Vogue. It will provide one British based designer with £200,000 and high level mentoring support - additional awards of mentoring and business support may be allocated to finalists at the judging panel's discretion. The British Fashion Council has an international reputation for supporting emerging talent through its existing schemes;NEWGEN supported by Topshop and Fashion Forward supported by the London Development Agency.

The BFC Vogue Designer Fashion Fund adds a third layer to this support scheme with the ultimate aim of aiding British Designers to become global brands. In order to be eligible for this scheme, designers must have an established business. They must also be UK based, as well as having UK and International stockists and support from key media both UK and Internationally. They must also demonstrate a clear vision for their business and how the fund would contribute to their growth with a focus on creating an international brand.

Applications are invited from all eligible designers with immediate effect and need to be received no later than 2nd December. A committee of patrons and industry experts will then produce a shortlist of applicants who will be invited for interview and the winner and finalists will be announced in April 2010. British Vogue will document the judging process in its May 2010 issue.

In addition to the financial endowment, a prestigious panel of industry mentors will support the winners in their business, brand and collection development. Mentors from retail, finance, media, brand development, accountancy and law will work with winners for a year assisting them in achieving their business goals and work with them to create a strategy for the development of their label as a global fashion brand. BFC Chairman, Harold Tillman commented “Last September, at 10 Downing Street, I announced our vision for the Fund as a legacy of our 25th Anniversary. Today, we are able to launch this landmark designer support scheme in partnership with Vogue. London is recognised as being a world leader in creative talent, however building on initial success has often proved challenging even for our most promising designer businesses.

This scheme aims to support designers who are at a stage in their development where they require top level advice alongside a cash injection to achieve longer term success and to move their brand onto the global stage. “We are delighted to have raised the financing for the first year of the Fund however more funding is required to establish it as a permanent support scheme. Designer talent is the lifeblood of the fashion industry and the creative vision, reputation and aspiration arising from these talents benefits the broader fashion industry. Now is the time for the industry to directly support this talent and sign up to the Fund.”

Alexandra Shulman, Editor of Vogue said “Vogue is delighted to partner in launching this fund. There are some strong designer businesses based here in the UK and many more emerging design talents. This Fund aims to help our most talented designers to become the global fashion brands of our future.” Harold Tillman will be Chair of the Fund and Alexandra Shulman will chair the inaugural Judging Panel.

British Fashion Council (BFC)


Must ReadView All

Uzbekistan wants joint ventures with Hungarian textile firms

Textiles | On 20th Feb 2018

Uzbekistan wants joint ventures with Hungarian textile firms

Uzbekistan has offered Hungary to create joint ventures in the two...

Vietnam’s textile & garment exports up 10.68% in 2017

Textiles | On 20th Feb 2018

Vietnam’s textile & garment exports up 10.68% in 2017

Vietnam came very close to achieving its 2017 textile and garment...

From left: Tania Polonnowita Wettimuny, MD, Hellmann Sri Lanka; Bart de Vries, Global COO Air & Sea Hellmann; Deshamanya Mahesh Amalean, Chairman, MAS Holdings; & Shirendra Lawrence, COO, MAS Holdings

Textiles | On 20th Feb 2018

Hellmann and MAS form joint venture HMSC

Hellmann Worldwide Logistics and MAS Holdings have formed Hellmann...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

February 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search