The BFC Fashion Trust offers business support through financial grants, mentoring and funding to provide traineeships to graduates.
Grants and Mentoring
Grant recipients are subject to a rigorous selection process by an external panel of high profile industry players in collaboration with the British Fashion Council and the BFC Fashion Trust Advisory Board.
Grants are tailored to specific business needs and are awarded to fund specific key areas of expansion. These can include practical solutions such as, introducing new capsule collections, producing additional samples sets or developing a digital presence.
Drawing on the British Fashion Council's considerable network of industry experts and professional advisors, the BFC Fashion Trust's mentoring programme ensures that grant recipients have access to invaluable advice and insights as well as specific guidance on technical aspects of business such as finance, IP and merchandising strategies.
As the Official Partner of the BFC Fashion Trust, HSBC, one of the world's largest banking and financial services organisations- offers a dedicated team of mentors to advise the designers on risk management, liquidity and working capital solutions. Grant recipients can also benefit from pro-bono legal advice from Taylor Wessing, digital training from Google, as well as mentoring on sustainability and industry best practice from Livia Firth and her team at Eco-Age.
Building on the charity's aims to develop and nurture young talent, a group of BFC Fashion Trust supporters also fund a graduate training programme that offers final year BA and MA graduates a 12-month paid placement with a UK based designer.
This programme has the dual benefit of allowing recent graduates to gain insight and experience and for the designers' businesses to benefit from additional support. The employing businesses are given support in terms of employment best practices and invariably permanent positions are offered at the end of the placement.