Fashion for Good (FFG), a a platform for sustainable fashion innovation, has initiated a new funding platform, which has recently launched to focus on on mobilising budding innovations within the textiles industry.
The Good Fashion Fund is an extension of FFG's work within the industry that has helped connect upcoming start-ups with leading brands and manufacturers to boost their prospects of commercialisation.
In partnership with C&A Foundation, Hong Kong-based The Mills Fabrica and investment advisory firm Fount, the Good Fashion Fund aims to accelerate the implementation of new, scalable solutions within countries, such as India, Bangladesh and Vietnam.
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Three social enterprises were recognized at the 2013 President’s Challenge Social Enterprise Award for their major contributions to society. SATA CommHealth and Bliss Restaurant landed Social Enterprise of the Year titles, while Bettr Barista Coffee Academy bagged the award for Social Enterprise Start-up of the Year.