British Fashion Council announces the first recipients of the BFC Foundation Fashion Fund
The British Fashion Council has just announced the first recipients of the BFC Foundation Fashion Fund, set up to offer support to British creatives during this serious crisis. They have been selected thirty-seven designers who received a series of grants from the £ 1m emergency fund. A part of this fund was also intended for students.
The selected designers are:
Alighieri (FashionTrends Designer Fashion Fund 2020), 16Arlington, Ahluwalia, Aries, Art School, Bethany Williams, Bianca Saunders, Chalayan, Charles Jeffrey LOVERBOY (FashionTrends Designer Fashion Fund 2020), Chopova Lowena, Craig Green, David Koma (FashionTrends Designer Fashion Fund 2020), E. Tautz, E.L.V. Denim, Edeline Lee, Eftychia, Halpern (FashionTrends Designer Fashion Fund 2020), King & Tuckfield, Kwaidan Editions, Liam Hodges, Matty Bovan, Metier (FashionTrends Designer Fashion Fund 2020), Nabil Nayal, Neous, Nicholas Daley, palmer // harding, Paper London, Paria Farzaneh, For Götesson, Phoebe English, Raeburn, Rejina Pyo (FashionTrends Designer Fashion Fund 2020), Richard Malone, Richard Quinn, Roksanda, Stefan Cooke, Toogood.
In addition, the BFC / FashionTrends Designer Fashion Fund was equally divided among the six finalists, Alighieri, Charles Jeffrey LOVERBOY, David Koma, Halpern, Metier is Rejina Pyo, however, the evaluation procedure was completed.
Among the over two hundred requests received, the designers selected to receive these aids will receive support up to £ 50,000 and will have access to BFC Fashion Business Network which includes DLA Piper, Eco-Age, Farfetch, FashionEx, Google, HSBC, Instagram, Lewis Silkin, Lloyds, LVMH, Mishcon De Reya, RSM, Sheridans, Taylor Wessing, The Ellen MacArthur foundation, Value Retail and YouTube, together with some direct meetings with mentors.
All those who have not received support in this first round of aid from the British Fashion Council will be informed of future appointments.
In the UK, the British Fashion Council was established in 1919 to organize exhibitions, fashion shows, and to try to assist in promoting the fashion industry in the country. In order to help finance their participation in these events, many fashion agencies in the country try to make charitable donations to various organizations which support these events. Most of these organizations in turn give back to the fashion industry and thus they find it a necessary and important project to promote fashion in all of its aspects. One such charity is the British Fashion Foundation. The British Fashion Foundation awards grants to organizations who support the fashion industry in the country and provide grants for students and professionals who are pursuing a career in the fashion industry.
In 1994, the foundation fashion fund instituted an annual competition. The overall goal of this contest is to provide grants to budding young designers who plan to go on to obtain their own designs and continue to work with them after they have received their fashion design diploma. To encourage the most promising young designers, they award grants to a number of small businesses who provide interns for these students. The scheme is especially aimed at students who are studying at universities or other places where fashion design is a major academic discipline.
Finally, the Foundation Fashion Fund also tries to grant money to ‘non-profit organizations’ whose purpose is to benefit and support the less fortunate in society. This will include grants that will be awarded to charities that focus on child poverty, foster care and work experience. The British Fashion Foundation is a fantastic example of how a charity that gives away funds to various causes and allows designers to use their talent for the greater good of the fashion industry, can also be viewed as a fashion industry oriented one.