Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

London's fashion businesses to benefit from £2m cash pot

A fund of £2 million has been earmarked to keep fashion businesses thriving in the capital, as part of a three-year investment in small businesses.

Economic development organisation City Fringe Partnership has secured the cash from the London Development Agency to launch FashionAble, which will invest in companies in the wards that border the City of London to the north and east.

It is estimated that about 900 fashion-related businesses, employing 6,500 staff, are based in this area.

Fashion designers, manufacturers, CMTs (cut, make and trim units), retailers and wholesalers are eligible to apply. Some businesses based outside the City Fringe area will also be considered.

City Fringe Partnership marketing manager Joe Hannam Maggs said: "Much of the funding will be used for consultancy so the businesses receive specific help."

FashionAble will stage FashionExpo, a manufacturers' showcase event, on November 5-7 at the Business Design Centre in Islington, to encourage local sourcing for manufacturing.

Fashion-Able facts

What is it? A fashion sector investment plan formed by the City Fringe Partnership

Funding: £2m from LDA

Eligible businesses: Designers, retailers, manufacturers, CMTs and wholesalers

Boroughs in city fringe: Camden, Islington, Tower Hamlets and Hackney. Some pan-London businesses will be considered

Support services: mentoring, business support, marketing and showcasing, networking

More information: www.cityfringe.org.uk or www.fashion-expo.com.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.