BFC unveils second spherical of recipients of BFC Trend Fund

2020/09 28 04:09


The British Trend Council (BFC) has named second spherical of recipients of the BFC Basis Trend Fund, supporting inventive trend companies to outlive the COVID-19 disaster. Following a £1 million emergency fund distributed in Could, the BFC raised an additional £500,000 that are actually being distributed in grants to an extra 30 British designer companies.

Recipients for the Fund are Camilla Elphick, Charles Jeffrey Loverboy, clothsurgeon, Cottweiler, Danshan, Emilia Wickstead, Eudon Choi, Feng Chen Wang, Fyodor Golan, Goomheo (Trend East), Helen Kirkum, Liam Hodges, Marques’Almeida, Maximilian (Trend East), Molly Goddard, Mom of Pearl, Nensi Dojaka (Trend East), Nicholas Daley, Olubiyi Thomas, Osman Yousefzada, Preen By Thornton Bregazzi, Prism, Racil, Richard Malone, Roberts | Wooden, Rokh, Saul Nash (Trend East), Sharon Wauchob, Ssone, Supriya Lele, Teatum Jones, Teija, Thom Sweeney, and Wicker Wings

Funding choices had been based mostly on a variety of components together with viability of the enterprise going ahead, inventive expertise, employment and turnover. The BFC took the choice to help Trend East designers in creating collections this season to safe the pipeline of creatives from the expertise launch-pad led by Lulu Kennedy which celebrates its twentieth anniversary this yr. A small variety of start-up stage companies had been additionally supported to create collections for continuity based mostly on their distinctive creativity. According to the BFC’s deal with range & inclusion, the organisation ensured all funding panels had elevated range, in response to a press launch by BFC.

The BFC Basis Trend Fund was established in March 2020, to help inventive trend companies and people to outlive the COVID-19 disaster. In Could 2020, the BFC gave monetary help and mentoring to 37 British designer companies, with grants taken from an preliminary £1,000,000 emergency fund. This primary spherical of funding was made potential via pooling the BFC expertise help grants that may have historically been awarded for both early stage showcasing help or enterprise progress and promotion: BFC/Vogue Designer Trend Fund, BFC/GQ Designer Menswear Fund supported by JD, BFC Trend Belief and BFC NEWGEN.

Subsequently, the organisation fundraised an extra £500,000, permitting for purposes to reopen for a second spherical in July. The recipients had been in a position to apply for a most of £50,000 and also will be given entry to BFC enterprise help and mentoring from the BFC’s Trend Enterprise Community plus particular person professional one-to-one mentors from throughout the enterprise worth chain.

The BFC Basis Trend Fund for the COVID Disaster has seen over 350 purposes to this point. All candidates that didn’t obtain funding via this spherical, will likely be knowledgeable on new rounds of funding, authorities help schemes and webinars to collectively assist companies in these difficult instances. The organisation continues to fundraise and can reopen purposes each time the £500,000 milestone is reached.

Fibre2Fashion Information Desk (GK)

The British Trend Council (BFC) has named second spherical of recipients of the BFC Basis Trend Fund, supporting inventive trend companies to outlive the COVID-19 disaster. Following a £1 million emergency fund distributed in Could, the BFC raised an additional £500,000 that are actually being distributed in grants to an extra 30 British designer companies.




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