The British Fashion Council has shortlisted Christopher Raeburn, Christopher Shannon, E Tautz, Lou Dalton and Richard Nicoll for the BFC GQ Designer Menswear Fund 2014, which is supported by luxury mobile phone brand Vertu.
The designers will take part in a mentoring programme developed by the BFC over the next month, in which industry experts will provide guidance on topics including branding, leadership, commercial retail, etail, wholesale and digital innovation.
The fund provides one designer with a mentoring support programme over a twelve-month period, as well as a £150,000 grant to provide necessary infrastructure to take them to the next stage in their business and £50,000 value-in-kind services.
Dylan Jones, editor of British GQ and chairman of London Collections: Men, said the designers are a “testament” to British talent.
He added: “The current generation of British menswear designers might be the best-ever, as they not only have creativity in abundance, but also a keen business sense. Our young designers know that without a solid business background, success can be tough, which is why it is so heartening to see such strong business plans from these shortlisted designers.”