Fashion World updates

NYC Factories Receive Grants Through CFDA Manufacturing Initiative

Women's Wear Daily -

Twelve New York-based factories are getting a financial jolt through grants as part of the latest round of the Fashion Manufacturing Initiative. In partnership with the New York City Economic Development Corp., the Council of Fashion Designers of America announced what is the program’s largest investment to date — nearly $730,000 — and the most recipients since the 2013 launch. Last year, seven grant winners received more than $480,000 all told. Nearly $3.5 million has been doled out to 33 New York City-based manufacturers since FMI was unrolled. Designed to rev up local fashion manufacturing, the public-private grant program started with help from Ralph Lauren, the Coach Foundation and Andrew Rosen. Still committed to bolstering the local sector and its workforce, the grants are designed to help recipients polish up their facilities and capabilities. Eight of this year’s 12 recipients are first-time winners. All of them were selected to receive the financial boost for equipment and software, infrastructure upgrades, capital improvements, relocation costs and workforce training. The aim is that more accelerated services will help to secure manufacturing jobs in New York City’s fashion industry. Atelier Amelia, Button Down Factory, Create-a-Marker, Timberlake Studios, New York Embroidery Studio, SN Productions and Geri Gerard are a

Follow WWD on Twitter or become a fan on Facebook.

Read More...

Pages