Start-Ups, Small Businesses, Farmers and Researchers Can Apply for up to $10,000 in Funding To Develop Fiber-Related Projects and Technologies Starting September 15
New York’s Fashion Industry Employs Approximately 315,000 New Yorkers and Generates More Than $25 Billion in Wages Each Year
Governor Kathy Hochul celebrated New York’s world-renowned fashion industry and its role in driving the state economy at the conclusion of New York Fashion Week, and today announced the first round of funding from the New York State Fashion Innovation Center will be launched on September 15. The Fashion Innovation Center, created and funded through Empire State Development’s Division of Science, Technology and Innovation (NYSTAR), seeks to expand the use of renewable animal, plant and bio-manufactured fibers in the fashion industry, and bolster a resilient farm-to-fashion ecosystem throughout New York State, fostering innovation and sustainability in the sector.
The Fashion Innovation Center plans to make grant awards up to $10,000 that stimulate innovation in four areas:
- Agricultural production and processing
- New Materials and Manufacturing
- Manufacturing and Textile Technology Innovation, Improvement and Expansion
- Fashion Use of Sustainable Materials
In addition to funding, grant awardees will become part of a cohort that will receive mentoring from experts in their industries, and have access to equipment, facilities and other resources to advance their projects. More information on the grant program can be found online.
In 2022, Governor Hochul announced $10 million in state funding for the Fashion Innovation Center to promote a collaborative approach to utilizing New York State-produced smart and sustainable textiles. The Fashion Innovation Center also includes a Sustainable Fashion Innovation Center Accelerator, focused on the creation of smart and sustainable alternatives that solve large scale industry problems, create green jobs, promote state-sourced textiles and support sustainable fashion.
Last year, the Governor announced that a consortium of six universities, businesses, farmers, fashion industry leaders, and non-profit organizations, led by the Rensselaer Polytechnic Institute, has been selected to manage New York’s Fashion Innovation Center. The consortium, headquartered in the Capital Region and comprised of RPI, the Fashion Institute of Technology, Hudson Valley Textile Project, Field to Fiber, SUNY Morrisville and Made X Hudson, will conduct research to bolster the Center’s mission of building a smarter, more sustainable fashion industry.
The Fashion Industry in New York State
New York State’s fashion industry is responsible for approximately $25 billion in wages. New York City — a world renowned fashion industry leader — generates $20 billion in wages per year through the fashion sector. The State is home to 315,000 fashion jobs, with 204,000 based in New York City. Fashion Week in New York City generates nearly $900 million in economic impact, and New York City is also home to more headquarters of fashion designers and fashion retailers than any other city in the United States.
Discover more from City Life Org
Subscribe to get the latest posts sent to your email.
