An initiative by the Fashion Institute of Technology (FIT) and NYCEDC, Design Entrepreneurs NYC is a free, intensive "mini-MBA" program that equips select fashion designers with the skills they need to successfully run a fashion label, including marketing, operations, and financial management.
The fourth annual Design Entrepreneurs NYC launched with an orientation in late May, followed by three consecutive weekends of intensive instruction led by industry experts and FIT faculty. Between June and September, participants worked with instructors to write, refine, and finalize their business plans, which they presented to a panel of influential industry leaders in early October.
Brooklyn-based designers Brad Schmidt and Raul Arevalo of Cadet won the first-place award of $100,000 to implement their business plan.
Meet all 25 DENYC 2015 finalists.
View the winners and find out more about past Design Entrepreneurs Classes.
Created by the Fashion Institute of Technology (FIT) in partnership with NYCEDC, Design Entrepreneurs NYC is a targeted effort to support emerging talent in order to grow the City as a hub of fashion design.
Design Entrepreneurs NYC is one of six initiatives resulting from Fashion.NYC.2020, an ongoing examination of the challenges facing the fashion industry to help the City build on its competitive advantages to maintain its status as a global fashion capital. To learn more about NYCEDC’s fashion-related work, visit the NYCEDC Fashion Industry page.