The British Fashion Council Offers Financial Support to 37 London-Based Designers
The British Fashion Council (BFC) has revealed the beneficiaries of its inaugural BFC Foundation Fashion Fund in collaboration with the United Nations Office for Partnerships (UNOP) which was launched in support of fashion businesses and independent fashion designers that were affected by the current COVID-19 pandemic and in support of the Sustainable Development Goals (SDGs).
The 2020 Woolmark Prize winner, Richard Malone, and other designers like Bianca Saunders, Bethany Williams, Phoebe English, Richard Quinn, and Ahluwalia are among the 37 British labels to benefit from this new BFC financial and mentoring support program.
The BFC announced that a portion of this £1 million emergency fund will be allocated to students in support of the next generation of British design talents.
The BFC Foundation Fashion Fund was raised from a selection of its talent grants that should have been awarded separately to designers in the earlier stages of their businesses or applicants seeking assistance with the growth and promotion of their businesses. Those chosen were to qualify for £50,000 and would get access to the BFC’s Fashion Business Network such as Farfetch, Eco-Age, Instagram, Google, Youtube, and LVMH, etc.
Alighieri, the Rosh Mahtani jewelry brand which was the winner of the 2020 Queen Elizabeth II Award for Design is also a beneficiary of the BFC Foundation Fashion Fund.
Charles Jeffery, Halpern, David Koma, Aries, Chopova, Chalayan, Lowena, E.tautz, Craig Green, Edeline Lee, Liam Hodges, Eftychia, E.L.V. Denim, King & Tuckfield, Matty Bovan, Kwaidan Editions, Nabil Nayal, Palmer Harding, Neous, Paper London, Nicholas Daley, Paria Farzaneh, Roksanda, Per Götesson, Stefan Cooke, Raeburn, and Toogood are also beneficiaries of this fund.
The British Fashion Council estimated that an additional sum of £100million will be required to support future talents in the coming years.
Applications will reopen each time the fund is topped up to £500,000 to guarantee support for a wider reach.
Read also: Fashion Industries fight against COVID-19
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