AMSTERDAM – A new funding platform initiated by Fashion for Good (FFG) has launched today that will focus on mobilising budding innovations within the textiles industry by providing the crucial capital needed to scale up such solutions.
Set to officially be announced at tomorrow’s opening of the Hong Kong Fashion Summit, the Good Fashion Fund is an extension of Fashion for Good’s work within the industry that has helped connect fledgling start-ups with leading brands and manufacturers to boost their prospects of commercialisation.
In partnership with C&A Foundation, Hong Kong-based The Mills Fabrica and investment advisory firm Fount, the Good Fashion Fund will hone in on accelerating the implementation of new, scalable solutions within India, Bangladesh and Vietnam. This coincides with FFG’s decision to branch out its services across Asia; a region that’s recognised to be “rapidly growing” and a “global leader in manufacturing,” says its managing director, Katrin Ley.
