As part of their ongoing effort to try to rev up local production, the New York City Economic Development Corporation and the Council of Fashion Designers of America have earmarked $14 million for a Local Production Fund and workforce development programming. The effort is part of the $51.3 million support package that was revealed in 2017 by the EDC, the CFDA and the Garment District Alliance for the Fashion Manufacturing Initiative.
The EDC has earmarked $7 million for the just-unveiled $14 million efforts, but that contribution is a continuation of the grant fund. In addition to the CFDA, FMI’s founding partners are Andrew Rosen and Ralph Lauren, with additional support provided by Wal-Mart, DHL, the American Apparel & Footwear Association, Première Vision and SwatchOn among others. An EDC spokesman did not say how many companies are expected to benefit from the first round of the new pilot grant program.
The LPF aims to encourage U.S. designers to ramp up New York City production by teaming them with New York City-based factories. The program is open to all manufacturers in all five boroughs and all U.S. designers. Once the manufacturers are selected they will receive credits to be used for production runs of
The EDC has earmarked $7 million for the just-unveiled $14 million efforts, but that contribution is a continuation of the grant fund. In addition to the CFDA, FMI’s founding partners are Andrew Rosen and Ralph Lauren, with additional support provided by Wal-Mart, DHL, the American Apparel & Footwear Association, Première Vision and SwatchOn among others. An EDC spokesman did not say how many companies are expected to benefit from the first round of the new pilot grant program.
The LPF aims to encourage U.S. designers to ramp up New York City production by teaming them with New York City-based factories. The program is open to all manufacturers in all five boroughs and all U.S. designers. Once the manufacturers are selected they will receive credits to be used for production runs of