london – The British Fashion Council on Wednesday revealed the recipients of its various grant-in-aid schemes, including BFC Newgen, BFC/GQ Designer Fashion Fund, BFC/Vogue Designer Fashion Fund and BFC Fashion Trust.
Some 22 emerging designer brands are empaneled for the BFC NewGen scheme, which is awarded every year to ready-to-wear and accessories designers, providing them with financial support, showcasing opportunities and mentorship to build their businesses.
Recipients are Ahluwalia, Ankusa Sarka, Asai, Bethany Williams, Chet Low, Conor Ives, Di Petsa, Efticia, Fauben, Harry, Helen Kirkum, Labrum London, Leo Carlton, Masha Popova, Nancy Dozaka, Paolo Carzana, Robin Lynch, Roker . , SS Daly, Saul Nash, Sinead O’Dwyer, Stephen Cook, and Yuhan Wang.
The BFC/GQ Designer Fashion Fund will be handed over during the upcoming London Fashion Week in June this year. The winner will receive professional advice, professional services and a cash prize. Four brands are listed for the occasion, including Clothsurgeon, LYPH, Nicholas Daly and Olubiy Thomas.
A winner will be decided after presenting their collection and business plan to a panel of experts chaired by British Fashion Council Chief Executive Caroline Rush and GQ’s Adam Baidavi. Shortlisted brands will have access to a mentoring program through BFC’s Designer Initiative team, whether they win or not.
The BFC/Vogue Designer Fashion Fund will go to Richard Quinn. They were selected from a group of brands that also include Chopova Lovena, CompletedWorks, ELV Denim, Neos, Nicholas Daly, Richard Malone and Tove, by a panel of judges headed by Rush and British Vogue Editor-in-Chief Edward Enninful. had gone.
Quinn will receive a cash prize of £200,000, while all designers will have the opportunity to participate in a mentoring program with access to fundraisers, industry experts and free legal services.
BFC Fashion Trust, open to all RTW and accessories brands, aims to empower positive business growth through financial grants and mentorship. All recipients are recognized for their expression of how their project aligns with their broader business development approach and showing a clear return on investment. Brands that have received grant money as well as finance, business support and legal services this year include CompletedWorks, ELV Denim, Neues, Richard Malone, Supriya Lele, Tove and Wells Bonner.
BFC revealed that the organization sent more than £1.3 million in funding to designers and scholars last year. Some £932,500 was paid out by the BFC Foundation as part of BFC’s grant-giving initiatives, including scholarships and the above schemes, and another £400,000 through brand partnership collaborations with the likes of the channel, Dire Men, Burberry The designers were done. Paul Smith, Charlotte Tilbury, Toni & Guy, as well as major participants of London Fashion Week Cherpe.
Rush believes that this year’s list of designers “truly showcases London’s reputation as a global capital for the creative industries, and we need to be able to help many of them through the BFC Foundation.” of happiness.”
Narmina Marandi and Tania Fares, co-chairs of the BFC Foundation, said: “Despite a difficult year for so many, an incredible group of individuals have stepped forward to donate to and support the BFC Foundation and its grant-giving initiatives. The annual funding raised by the charity allows us to support and nurture talented designers at all stages of their careers by BFC, as well as to ensure that the British fashion industry remains diverse and open to all.
The Queen Elizabeth II Prize for British Design – which has been awarded to Richard Quinn, Bethany Williams, Alighieri’s Rosh Mahtani and Priya Ahluwalia – will reveal this year’s recipient to a live audience at the Design Museum in London today.
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