The British Fashion Council (BFC) has opened applications for the BFC/Vogue Designer Fashion Fund 2021. The Fund aims to celebrate exceptional talent and empower businesses to play their part in positive growth through bespoke mentoring and awarding of a cash prize.
The fund is open to all gender collections and/or accessories. It will award winners, “helping bring new knowledge and the finance to put towards vital areas of designers businesses as well as advise all shortlisted designers on areas such as accountancy, merchandising, business strategy, international markets, retail, and e-commerce”, the BFC said.
Applications for The Fund will close on 6 January 2021.
Edward Enninful, editor-in-chief of British Vogue and Chair of the Fund Committee, said: "The BFC Vogue Designer Fashion Fund continues to be a vital initiative within the UK fashion industry.
“During this unprecedented time, we need to continue to do our utmost to protect and nurture young talents that bring so much energy and excitement to British fashion. I am looking forward to the inspiration and talent that all the applicants will bring."
Caroline Rush, chief executive of the British Fashion Council, added: “As we continue to look at the future and the opportunity to change, collaborate and innovate, opening up the applications to include menswear and gender-neutral collections felt like the natural thing to do.
“The Fund offers a huge opportunity for both the shortlisted designers and the winner to gain invaluable knowledge and experience from our expert mentors and incredible monetary investment to develop their brand, at a time when it’s needed more than ever.”