Fashion

CFDA provides grants to 12 NYC fashion manufacturers


The Council of Fashion Designers of America is working to fund New
York-based manufacturers. The council partnered with the New York City
Economic Development Corp. to invest nearly 730 thousand dollars into
the Fashion Manufacturing Initiative.

Launched by the two parties in 2013, the Fashion Manufacturing
Initiative supports local manufacturing and promotes inclusive
economic growth within the New York fashion industry. The
public-private program provides grants that help recipients increase
capabilities in their facilities.

The latest investment is the program’s largest thus far. Twelve of
the city’s factories will benefit from the funding to boost their
equipment, software, infrastructure and workforce training, amongst
other areas of business. Eight of this year’s selected factories are
first time recipients of the grant.



READ SOURCE

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.