Alumni entrepreneur grant
The mission of the FSF Alumni Entrepreneur Grant is to invest in the future leaders of fashion and to create a new generation of FSF companies. Our vision is to prepare FSF alumni-led seed & early stage startups for placement at accelerators or other investment programs through mentorship from industry experts and an equity-free grant of $50,000. Learn more about the program in our FAQ and apply below.
Who can apply?
FSF Alumni Association members working on launching their own fashion startups, or early and seed stage FSF-alumni led fashion startups whose leaders are no longer enrolled at an undergraduate college or university.
Does the winner of the FSF Alumni Entrepreneur Grant get placed at an accelerator of choice?
No, FSF Alumni Entrepreneur Grant recipients will not be placed at accelerator or incubator of their choice. Recipients of the grant are expected to leverage insights from their industry mentors and invest their funding wisely in order to make their startup eligible for consideration of accelerators, incubators or VC companies.
My company currently employs an FSF alumnus in a freelance design position. Can we apply?
No, FSF alumni must be involved in a permanent, senior level position in order for your start-up to apply for the FSF Alumni Entrepreneur Grant.
I am currently employed full-time and working on my startup part-time. Can I apply?
Yes. As long as you have previously received an FSF scholarship, have completed your undergraduate degree, and are an official member of the FSF Alumni Association, you may apply for the FSF Alumni Entrepreneur Grant.
My company already received funding, can we apply?
Yes, you can apply to the program if you have received funding. Please disclose details regarding past rounds of financing on your application.
My company does not make clothes, can we apply?
The FSF Alumni Entrepreneur focuses on seed and early stage companies within the fashion industry including but not limited to new product brands across apparel, accessories, home and beauty product categories, and technology companies with applications within fashion and retail.
Do grant recipients need to give up equity to the FSF in order to receive funding?
No, the FSF is a non-profit organization; the $50,000 monetary award will be awarded to the FSF Alumni Entrepreneur Grant recipient equity-free.
As a recipient of the FSF Alumni Entrepreneur Grant, am I expended to contribute anything to the Fashion Scholarship Fund?
We expect that as your company grows you continue to stay engaged and supportive of our organization.
I am a former Geoffrey Beene scholar. Can I apply for the FSF Alumni Entrepreneur Grant?
What is the FSF’s policy regarding privacy and conflicts?
How many grants are awarded each year?
FSF Alumni Entrepreneur Grant will be awarded to one startup company per year.
How are applications judged?
We rate each applicant on five factors: viability of idea, growth potential, development and vision, progress evaluation and brand fit. Using these criteria, applications will first be evaluated by an Alumni Association vetting panel which will include a phone or skype interview, and then by an executive panel including the FSF Executive Committee.
I am not currently based out of New York. Can I still apply?
Yes. The winner will be announced via email and industry mentor assignments will be conducted via skype wherever necessary.
What is the 2017 FSF Alumni Entrepreneur Grant timeline?
Submission Period: January 1, 2018 – April 30, 2018
Review Window: May 1 - May 31, 2018
Grants Awarded/Recipients Announced: June 1, 2018
One-on-one Industry Mentor meet-ups & summer events: June 1, 2018 – August 31, 2018