Fashion

New York Governor Announces $10 Million Grant for Fashion in NYFW



Governor Kathy Hochul announced $10 million in state funding for the Fashion Innovation Hub, which will advance a collaborative approach to the smart and sustainable use of New York state-made textiles. Empire State Development will lead the establishment of the consortium-led FIC, which will use expertise from New York state universities, ranches, fashion industry leaders and nonprofit organizations.

FIC will focus on addressing the needs of the fashion industry, using New York state-produced crops as fiber materials, and cultivating technologies that enhance sustainability and innovation through innovative technologies. Wearable technology in the fashion and textile industries. The FIC will also include a Sustainable Fashion Innovation Hub Accelerator, focused on creating smart and sustainable alternatives to solve the industry’s large-scale problems, creating jobs. green, promoting state-sourced textiles and supporting sustainable fashion.

Governor Kathy Hochul announced $10 million state funding for the Fashion Innovation Hub to promote a collaborative approach to using smart and sustainable textiles produced by the state of New York. Empire State Development will lead the establishment of the consortium-led FIC, which will utilize expertise from the state’s fashion industry leaders and beyond.

Governor Hochul announced the new FIC during New York Fashion Week, which ends today.

“As the fashion capital of the world, New York is the perfect place for cutting-edge solutions to make this booming industry more innovative and sustainable,” said Governor Hochul. “The Fashion Innovation Center will foster collaboration between fashion, agriculture, and other industries to reduce our environmental impact, limit waste, and create opportunity across New York state.” .”

Empire State Development President, CEO and Trustee Hope Knight “Agriculture is an important part of the New York state economy, and as the fashion industry transitions to a more sustainable future, we must take advantage of the opportunity that connects agriculture and the fashion industry, both are vital to the future of the new state.The Fashion Innovation Center will place New York State at the forefront of promoting locally produced sustainable fibers, increasing employment and help achieve Governor Hochul’s top national climate goals.”

Globally, the fashion and textile industries contribute 1.2 billion tons of greenhouse gas emissions annually – more than all international flights and shipping combined. This is due to heavy reliance on fossil fuels, decentralized supply chains, and improper end-of-life disposal. New technologies and material handling approaches offer the potential for smarter and more sustainable fashion, and New York’s farms are now producing the necessary raw materials, such as linen, Linen, cotton and hemp fibers can be converted into textiles that can be used in these applications on a larger scale.

Empire State Development’s science, technology and innovation division will make a request to select a consortium that includes universities, businesses, farmers, fashion industry leaders, and NGOs. profit. Accelerator, located within the FIC, will provide space for early-stage companies studying promising developments in the field, which are strong candidates for commercialization and may face challenges. knowledge in solving real-world problems of industry partners.

The FIC will solicit, evaluate and monitor projects focused on addressing industry challenges and opportunities, with priority given to those related to the use of New York State crops and inputs. , while developing technology that promotes sustainability in the fashion and textile industries. Through a competitive process, FIC will provide grants to New York State small businesses in the fashion industry, providing a vital connection between industry leaders and innovative projects. and support to improve industry sustainability.

Fiber2 Fashion News Desk (KD)



Source link

news5s

News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button