The CFDA/Vogue Fashion Fund was established to help emerging American design talent find continued success in the business of fashion. It is expected that the awards (in 2010, raised to $300,000 for the winner and $100,000 each to two runners-up) will be used to further develop each designer‟s business in such areas as marketing, public relations, production and sales. In addition to the cash prizes, the award also includes mentorship from an esteemed group of industry professionals whose expertise is tailored to the designers‟ needs and future goals. Past mentors include Howard Socol, Rose Marie Bravo, Millard "Mickey" Drexler, Mark Lee and Domenico de Sole.
Since its inception in 2003, the program has granted $2.3 million to twenty-one design companies, including winners Billy Reid, Alexander Wang, Doo-Ri, Proenza Schouler, Rogan, Sophie Theallet, Trovata, and runners-up Eddie Borgo, Prabal Gurung, 3.1 Phillip Lim, Albertus Swanepoel, Derek Lam, Monique Péan, Patrik Ervell, Philip Crangi, Rodarte, Thakoon, Thom Browne, and Vena Cava.
In 2007, the CFDA/Vogue Fashion Fund created a separate Business Advisory Committee to review the applications of the ten CVFF Finalists (independently of the Selection Committee) with the intent of providing a more focused business perspective and targeted feedback on the designers‟ future potential in the business. The Business Advisory Committee will also be available to the seven finalists (who are not chosen as a winner / runner-up) as an on-going resource for mentoring, questions & answers and guidance.
For more information, please contact: