CFDA names FMI Grant Fund recipients
The CFDA and The New York City Economic Development Corporation announced on Thursday the seventh round of grant recipients of the Fashion Manufacturing Initiative (FMI).
Established in 2013, the FMI Grant Fund aims to support and preserve NYC fashion manufacturers. Since launch, the tentpole program under the CFDA and NYCEDC’s Fashion Manufacturing Initiative has invested nearly $4 million across New York City, with nearly $460,000 distributed this year to 12 grant recipients.
The seventh round of recipients had to be eligible for the grant in order to be selected. The criteria includes qualifiers surrounding sustainability, diversity, equity and inclusion, as well as community and workforce impact and overarching business viability.
This year’s grant recipients include: Button Down Factory; Create A Marker; Design Incubator; Dyenamix; Etier; Fugitive Patterns; Hidden in Plain Sight (HIPS) Studio; In Style USA; Knit Illustrated; Knit Resort; LW Pearl; and Tailored Industry.
Over 120 jobs are impacted across the recipient’s businesses through the grants, who offers services including pattern and sample development, cutting and sewing, knitwear services, embellishment/embroidery, fabric dyeing, printing and washing, as well as marking and grading.
Supporters for FMI include Premier Underwriter Ralph Lauren, as well as other past partners such as DHL, the American Apparel & Footwear Association, Coach Foundation, Walmart, and more.
Beyond the FMI Grant Fund, the CFDA and NYCEDC have launched together workforce-specific initiatives, relocation grants, the CFDA.com Production Directory, as well as FMI Grants via A Common Thread and the Workforce Relief Collective.
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