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FIT Design Entrepreneurs Kicks Off 2019 Program

FIT Design Entrepreneurs’ Class of 2019 gathered Thursday night at the DKNY showroom at 240 West 40th Street in Manhattan to launch the program, as well as network.
Some 24 up-and-coming designers were selected by fashion and business experts to participate in the FIT DE, where they will embark on a six-month “boot camp” to boost their existing businesses with the help of mentors, consultants and workshops. Throughout the program, FIT provides designers access to classes, resources, events and industry professionals who serve as mentors, financial consultants, and pitch-workshop leaders, and they work on a business plan. With significant support from the fashion industry, most notably G-III Apparel Group, the founding sponsor, two finalists will be selected this spring to receive top prizes of $100,000 (for the most outstanding business plan) and $50,000 (second-place company) to help grow their businesses.
“It’s a great opportunity for young people, and a great investment on the parts of successful people in the business,” said Joyce Brown, president of FIT. “Obviously they’re all very creative, but it helps them understand the business side.” She said that FIT DE alumni come back and tell them that they learned things that they didn’t even know that they didn’t

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Via:: https://wwd.com/fashion-news/designer-luxury/fit-design-entrepreneurs-kicks-off-2019-program-1202954878/