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Sunday, August 17, 2014

Want To Break Into The Fashion Design Industry? One Organization Can Help By Literally Showing You The Money!

Starting a fashion business may seem glamorous to many women, but in reality it is one tough initiative. You need to know what you're doing, you need connections, and, oh yes, you need money! Where do you find it?

FMI

One place to look, that is if you're setting up shop in New York, is The Fashion Manufacturing Initiative (FMI), an investment fund created to help revitalize the garment industry in New York City. Up to 7 grants are awarded with grants ranging from $46,000 to $150,000. Grant money can be used for facilities, machinery and employee training.

The FMI program provides matching grants to fashion manufacturing businesses located in New York City. Businesses can be located in any of the five boroughs of New York. Business owners must have been in business for at least two years.

The Council of Fashion Designers of America, Inc.

The grant is offered through The Council of Fashion Designers of America, Inc. (CFDA), a not-for-profit trade association created to support the fashion industry. Members include fashion designers for womenswear, menswear, jewelry and accessories.

For more information on FMI grants and how to apply for one, visit cfda.com/programs/the-fashion-manufacturing-initiative
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