CIDER Act Moves Forward in US Senate

Legislation aimed at helping grow the hard cider industry in Vermont and New York took an important step forward after the U.S. Senate Finance committee passed the CIDER Act.

Woodchuck Hard Cider made in Vermont

Woodchuck Hard Cider made in Vermont (photo – Fletcher6/wikimedia)

The CIDER Act (S.1531 – Cider Investment and Development through Excise Tax Reduction Act) was originally introduced in 2013 by U.S. Senator for Vermont Patrick Leahy and Sen. Charles Schumer of New York.

S.1531 seeks to amend the Internal Revenue Code to revise the definition of hard cider for purposes of the excise tax on distilled spirits, wines and beer.

Hard cider is taxed at the same rate as beer, but the outdated federal definition of hard cider today allows only up to seven percent alcohol by volume. Any hard cider with an alcohol content exceeding this level gets taxed at the higher rate for wine. A certain level of carbonation likewise triggers an even higher rate of taxation as a sparkling wine.

The new meaning, updated to reflect current market expectations and manufacturing practices, would hike the allowed alcohol by volume in hard cider from seven percent to 8.5 percent. It also increases the allowed carbonation level to 6.4 grams per liter, and allows pears to be used in the manufacturing process.

This means that a much wider array of cider products will be labeled and taxed as such, instead of being treated like wine or champagne. The updated carbonation level brings the U.S. definition in line with the European Union’s definition, which means that local hard cider producers will be more competitive against European products in overseas markets.

When the bill was introduced, Sen. Schumer noted that it would enable the over 650 apple growers and 20 existing hard apple cider producers that existed at that time in New York State to expand their business. New York is the second largest apple producer in the United States, harvesting 29.5 million bushels annually on over 41,000 acres across more than 650 farms.

Sen. Schumer said in a release that the current federal definition of hard cider under the IRC is restrictive to both current producers as well as those hundreds of growers that would like to enter production of this craft beverage.

The rising popularity of hard cider has likewise led to significant growth in the industry in Vermont, driving the state’s value-added agriculture model through partnerships between local orchards and cider makers.

Sen. Leahy said in a release that Vermont is known for quality products, and value-added agriculture like cider making is a key building block for Vermont’s emerging markets and for the state’s economy.

Vermont Hard Cider Company CEO Dan Rowell said in the release that the hard cider industry is poised for real growth both in Vermont and across the country, and these proposed changes will allow Vermont cider makers to fully realize that potential, bringing solid economic growth to the Vermont landscape.

Montana Awards Tribal Economic Development Grant to Northern Cheyenne Tribe

Governor Steve Bullock and Montana Department of Commerce Director Meg O’Leary announced a tribal economic development grant award to the Northern Cheyenne Tribe.

Cheyenne Reservation headquarters in Lame Deer, Montana

Cheyenne Reservation headquarters in Lame Deer, Montana (photo – Phil Konstantin/wikimedia)

The $65,000 grant will aid the tribe’s economic development efforts in Ashland, MT to revitalize an essential community business.

The funding will be provided to the Northern Cheyenne Development Corporation (NCDC) under the Indian Country Economic Development (ICED) program.

The Northern Cheyenne Tribe expects to use the grant funding to re-open the Cheyenne Depot II gas station and convenience store in Ashland after renovating it.

They will follow the same successful model used for the Cheyenne Depot I store located in Lame Deer, MT, which was able to set up a point-of-sale (POS) inventory management system, establish a management team, and provide training to employees. This Lame Dear project is helping create approximately 10 new jobs.

Gov. Bullock said in a release announcing the grant award that every job counts in smaller communities like Ashland, Birney and Lame Deer. The Governor added that the grant will help the Northern Cheyenne Tribe revitalize an essential community business, putting people to work and growing the economy.

Located in southeastern Montana, the Northern Cheyenne Indian Reservation covers approximately 444,000 acres and has approximately 10,840 enrolled tribal members, of which about 4,939 reside on the reservation.

NCDC CEO Bob Vocu said in the release that there are very few jobs available in their community, and this grant allows them to create new jobs for members of the Cheyenne communities of Ashland and Birney, while also providing a fair price for necessities.

Montana Commerce Dept. Director Meg O’Leary noted that the ICED program is a time-tested and proven Montana economic development resource to help grow reservation economies.

Director O’Leary added that with NCDC leading the way, this project will generate much needed jobs and increase commerce within the community.

The Montana Department of Commerce’s Indian Country Economic Development grant program was established to assist in improving economic opportunities for the eight tribal governments in Montana.

Each tribal government can apply for up to $65,000 in ICED grant funding in each fiscal year, and must come up with one-to-one matching funding for the project.

Since its inception, the ICED program has supported priority tribal government economic development projects, the Montana Indian Entrepreneur Training Program, and the Montana Indian Equity Fund. Funding is provided for business development projects, workforce training, entrepreneurial training, and feasibility studies.

New Jersey Economic Development Authority to Consider Incentives For First Data Corp

The agenda for the next meeting of the New Jersey Economic Development Authority includes an application for tax incentives for First Data Corp.

New Jersey sign in Trenton

New Jersey sign in Trenton (photo – Famartin/wikimedia)

The $8.25 million in Grow NJ incentives, if awarded, are meant to encourage the global payment solutions company to make a capital investment and locate the project in Jersey City, NJ.

The Grow NJ award would be in the form of an annual award of $825,000 for a 10-year period. The project’s location in Jersey City, Hudson County means it qualifies for bonus increases to the allowed tax credit award.

The Grow NJ program allows this for transit-oriented economic development projects located in an urban transit HUB municipality.

First Data Corp announced back in August last year that it had selected Jersey City as the location for an expansion of its security applications team. The company expected that the project would bring 74 new jobs to Jersey City, along with a capital investment of $1.4 million.

One of the deciding factors that led to First Data Crop choosing Jersey City was the approval of Grow NJ incentives, which at that time was supposed to be around $6 million. Without these incentives, the company could have decided to locate the expansion at their headquarters in Atlanta, GA instead.

At that time, Jersey City Mayor Steven M. Fulop said in a release announcing the project that they are very thankful and excited that First Data’s leadership sees the benefits of growing a business in Jersey City.

Mayor Fulop noted that Jersey City is becoming a preferred location for business and is leading the state economy with job creation, and added that through partnerships with the State, they will continue to bring new business to Jersey City.

Apart from the First Data Corp application, the agenda for the New Jersey Economic Development Authority meeting also includes two other Grow NJ incentive applications.

One is for photography equipment and accessories manufacturer and distributor C&A Marketing, Inc., to encourage the company to locate a project and make a capital investment in Edison Township, Middlesex County. This is an application for an estimated annual award of $541,746 in tax credits for a 10-year term.

The third Grow NJ award on the agenda is for Stay Fresh Foods, LLC for a project in Pennsauken Township, NJ. This would be an estimated annual award of $340,000 in tax credits for a 10-year term.

Tampa Hillsborough Economic Development Incentives Offered for Citigroup Florida Expansion

The Board of County Commissioners in Hillsborough County, FL is set to consider a proposal to approve a package of local incentives for a large expansion project by Citigroup.

Citigroup

Citigroup (photo – eflon/flickr)

Citigroup Inc (NYSE:C) is proposing to invest $90 million and create 1,163 new jobs over the next three years at its current Tampa location at the Sabal Industrial Park in unincorporated Hillsborough County.

These will be high quality jobs with average annual wages of at least $75,000.

The incentive proposal asks that the Tampa Hillsborough Economic Development Corporation’s ‘Project Expansion’ be approved as a Qualified Target Industry Business, making it eligible for state and local incentives under the QTI Tax Refund program.

Specifically, the county would need to pitch in with $1,395,600 as a local match for the $5,582,400 QTI award from the State of Florida.

Secondly, a 10-year Jobs Creation Incentive Agreement provides for up to $1,400,252 in incentive payments to Citigroup as incentives for encouraging Citigroup to locate the expansion in Tampa and create the new jobs committed.

As part of the compliance agreement for these incentive payments spread over ten years, Citigroup is required to retain a baseline employment of 5,173.

Thirdly, the Hillsborough Board of County Commissioners will also consider approving a Capital Investment Incentive Agreement with Citigroup. This agreement provides Citigroup another $600,000 in incentive payments to encourage the capital investment of up to $90 million for the expansion.

Citigroup’s application for incentives includes a $6 million grant from the state, to be provided as a High Impact Performance Incentive (HIPI) Grant. This will be entirely in the form of State of Florida economic development incentives recommended by Enterprise Florida Inc. (EFI) and approved by the Florida Department of Economic Opportunity (DEO).

However, the HIPI grant is still subject to approval of the jobs creation and capital investment agreements between the county and Citigroup.

All put together, Citigroup will be getting up to $3,395,852 in local Hillsborough economic development incentives for this Tampa expansion, and a total of up to $15 million in state and local incentives.

Citigroup hasn’t officially picked Tampa for the expansion, but the county’s approval of the package of incentives should be helpful to the Tampa Hillsborough Economic Development Corporation and EFI in closing the deal.

North Dakota UAS Economy Takes Off With ComDel Manufacturing Project

After a long period of preparation and investments spanning several years, North Dakota’s unmanned aerial systems (UAS) economy is finally off the ground with the announcement of a UAS manufacturing project in Wahpeton, ND by ComDel Innovation, Inc. and Altavian Inc.

UAS test flight

UAS test flight (U.S. Coast Guard photo)

Comdel expects to add 10-20 employees over the next two years to work on this project, and Altavian will likewise hire local employees in Wahpeton to help manage the partnership.

It may seem like a small project relative to California’s bustling drone manufacturing sector, but this is a big step forward for North Dakota economic development as their first UAS manufacturing venture.

ComDel is a precision high-tech component manufacturer, while Gainesville, FL-based Altavian is an unmanned aircraft solutions provider. The two have come to an agreement to manufacture drones and UAS components at one of ComDel’s existing high-tech manufacturing plants in Wahpeton.

Governor Jack Dalrymple was joined for the announcement by ComDel Innovation President Jim Albrecht and Altavian COO Thomas Rambo.

The Governor said in a release announcing the project that this partnership represents another important step in their ongoing work to grow North Dakota’s UAS industry and become a national hub for UAS manufacturing, research and development.

“The UAS industry holds great promise with boundless opportunities for future applications,” said Gov. Dalrymple.

ComDel’s Albrecht likewise said that they are excited to be working with Altavian and doing their part to help round out North Dakota’s offerings to the UAS industry.

Altavian’s Rambo said that the opportunity to partner with Research North Dakota and the Northern Plains FAA UAS Test Site will strengthen the UAS industry in the state.

Rambo noted that North Dakota is presenting Altavian with an opportunity to grow in a number of ways, including engaging universities and corporations with research and development. He added that the first aircraft coming off the line at ComDel will remain in North Dakota-based research institutions and companies.

North Dakota has invested more than $20 million in state funding as part of a multi-year effort to win FAA designation as a UAS test site and establish the infrastructure needed to promote and grow the UAS economy in the state.

Part of the state’s investment went towards establishing the Grand Sky UAS and aviation park located at the Grand Forks Air Force Base.

North Dakota formed the Northern Plains Unmanned Aerial Systems Authority (NPUASA) to lead its own effort to secure one of the six test sites for the Northern Plains UAS Test Site. This mission was successfully accomplished in April 2014, and the Northern Plains site has since become the first FAA certified site ready to begin work on UAS-NAS integration.

The ComDel project announcement in North Dakota coincided with the announcement of a proposed rule change by the FAA that opens up the skies for certain small UAS used for commercial applications.

The FAA is also seeking comments on how the agency can leverage the UAS test site program and a UAS Center of Excellence program to spur innovation in designated UAS innovation zones.

U.S. Transportation Secretary Anthony Foxx said in a statement announcing the proposed rule change that technology is advancing at an unprecedented pace and this milestone allows federal regulations and the use of the national airspace to evolve to safely accommodate innovation.

South Carolina Awards Innovation Challenge Grants to Boost Tech Economic Development

The South Carolina Department of Commerce announced $2.6 million in funding for 19 organizations to help them further technology-based economic development, innovation and entrepreneurship.

Innovation

Photo – thinkpublic/flickr

This is the second round of Innovation Challenge grants awarded by South Carolina, following the establishment of the SC Office of Innovation and the first round of $2.4 million in innovation grants awarded to 14 organizations last year.

This year’s list of 19 grant award recipients includes the Rock Hill Economic Development Corporation, which is getting $250,000 for the second phase of the Knowledge Park Innovation Center project. The grant will enable KPIC to continue with technology talent development programs, and attract and grow technology-intensive businesses.

The USC Columbia Startup Hub project has been awarded $100,000 to continue providing an accelerated pathway for startups from idea to successful venture, and support commercialization of research and public-private collaboration in the Midlands region and beyond.

Here’s the full list of organizations awarded Innovation Challenge grants in this second round:-

The 5th T Innovation Group – $150,000 for the Conway Innovation Center technology incubator in Conway, SC;

Charleston Digital Corridor Foundation – $250,000 for the Flagship3 Incubator that will anchor Charleston’s new Innovation District;

City of Anderson – $125,000 for the e-Merge @ the Garage technology and entrepreneurship center;

City of Spartanburg – $50,000 for relocating the Project Hub makerspace community space;

Florence Downtown Development Corporation – $150,000 for the North Dargan Innovation Center;

Grand Strand Technology Council – $100,000 for Startup.SC to foster technology startups in Horry and Georgetown counties;

Greenville Chamber of Commerce – $250,000 for the NEXT Ecosystem Acceleration to grow Greenville’s innovation ecosystem;

The Harbor Entrepreneur Center – $250,000 to help the center continue organizing events and programs to connect entrepreneurs in Mt. Pleasant, downtown Charleston and Summerville with the resources they need;

Hartsville Community Development Foundation – $100,000 for Phase III of the Duke Energy Center for Innovation in downtown Hartsville;

The Institute for Leadership & Professional Excellence at Columbia College – $100,000 for the South Carolina Women’s Entrepreneurship Network to connect and accelerate the growth of women-owned startup and growth businesses;

IT-oLogy – $100,000 for PRISM to expand IT-ology’s Cyber Saturday program;

Pickens Revitalization Association – $50,000 for the Pickens Innovation Center in downtown Pickens;

Rock Hill Economic Development Corporation – $250,000 for Phase II of the Knowledge Park Innovation Center;

Santee-Lynches Regional Council of Governments – $20,000 for the SEED open design ecosystem of supportive services for entrepreneurs;

SOCO -$100,000 to foster design and development companies and talent to support the entrepreneurial community in the Midlands;

South Carolina Biotechnology Industry Organization – $100,000 for the SCBIO Life Science Startup in a Box;

South Carolina Governor’s School for Science & Mathematical Foundation – $225,000 to expand their iTEAMS Xtreme and CREATEng talent development weeklong summer camp programs;

USC Aiken – $80,000 for the Aiken Innovation Project; and

USC/Columbia Technology Incubator – $200,000 for the Columbia Startup Hub

SC Secretary of Commerce Bobby Hitt said in a release announcing these grant awards that innovation and entrepreneurship are critical components to the success of the South Carolina economy. Sec. Hitt added that they want to enable and support a stronger innovation ecosystem in South Carolina and help the state become a top place in the nation to start and build high-growth businesses.

These 19 projects were picked out of nearly 60 applications seeking a total of $10.5 million. Applicants can apply for a maximum of $250,000 in Innovation Challenge grant funding, and must come up with at least a one-to-one match in non-state funds.

Projects seeking SC Innovation Challenge grants are required to focus on fostering technology-based economic development, innovation and entrepreneurship through public-private partnerships, local government participation and university collaboration.

Specifically, projects must address one or more of the goals of the South Carolina Innovation Plan:

- Develop a critical mass of high tech, high impact companies;

- Grow a supportive, connected innovation community;

- Support access to capital for companies at all stages of development; and

- Grow workforce talent equipped to work for high-tech and high-impact companies.

US Commerce Dept Partners With Incubators For Startup Global Initiative

The U.S. Department of Commerce is launching a new pilot program called Startup Global that aims to educate startups on how to export their products.

1776 and US Commerce

Photo – 1776.vc

As a start, the Startup Global initiative is being launched in partnership with four incubators in Washington, DC; Cincinnati, OH; Nashville, TN; and Arlington, TX.

As part of the initiative, trade experts from the Dept. of Commerce will be going to the four participating incubators to provide the know-how and technical assistance that entrepreneurs and early-stage companies need to export their goods and services.

The Startup Global initiative was announced by U.S. Secretary of Commerce Penny Pritzker at the Kauffman Foundation’s 2015 State of Entrepreneurship Address.

In the address, Sec. Pritzker said that “Startup Global will expand our International Trade Administration’s client base to include startups – a critical part of ensuring that Commerce partners with American firms, whether small businesses, medium-sized enterprises, or large multinationals.”

The DC incubator participating in the program is 1776, a global incubator and seed fund. They will be hosting training sessions, curriculum and seminars with trade experts who will teach startups how to export their products overseas.

1776, founded in 2013 by Donna Harris and Evan Burfield, is especially suited for the Startup Global initiative because its reach and impact already stretches far beyond its base in DC.

They have established partnerships with leading startup incubators around the world through a platform called the Startup Federation. The result is a global entrepreneurial ecosystem and network of incubators, startups and entrepreneurs which transcends geographic boundaries.

1776 members now include the world’s most promising entrepreneurs and young companies who are getting access to the resources they need to scale through this network, regardless of where they are located.

In order to draw this global community closer together, 1776 hosts an annual Challenge Cup competition which engages Startup Federation partners in cities across the world. The competition helps identify and showcase the most promising new startups and connect them to the mentors and resources they need.

Donna Harris, co-founder of 1776, said in a release announcing the partnership that they’re thrilled to partner with the Department of Commerce to help startups realize their products have incredible market opportunities not just at home, but also overseas.

Harris added that at 1776, they have been working to identify the world’s best startups, and help them understand that the solutions they offer change the way millions of people live and do business throughout the world.

 

Colorado Approves $23M Economic Development Incentives For Sierra Nevada Project in Colorado Springs

At its latest meeting, the Board of the Colorado Economic Development Commission approved a $23.2 million state incentives package for a proposed high-end aircraft completions complex in Colorado Springs by Sierra Nevada Corporation.

SNC

SNC (photo – sncorp.com)

The campus, to be located in the Colorado Aerospace Park at Colorado Springs Airport, will be built in four phases with an expected investment of $88 million by SNC.

It will be large enough to house 2,100 employees within five years, and the project is forecasted to pump $5 billion into the state economy, including the impact of indirect and induced jobs.

As a start, the company has committed to create 1,323 jobs in Colorado return for the state and local incentives that have been offered. These are high-wage jobs with an annual average wage exceeding $83,700.

Sparks, NV-based Sierra Nevada Corporation already has a workforce of more than 3,000 employees spread across 31 facilities in 17 states and two locations in Europe. This includes three existing Colorado facilities in Centennial, Louisville and Englewood.

In a release announcing the project, SNC President Eren Ozmen expressed gratitude to the state of Colorado, the Colorado Office of Economic Development and International Trade, the City of Colorado Springs, El Paso County, the Colorado Springs Regional Business Alliance, and the Airport Authority for helping them make the Sierra Completions dream a reality.

SNC has created a new aircraft completions subsidiary called Sierra Completions to operate this facility in Colorado Springs. It will be one of only a few completion centers in the U.S. capable of accommodating the largest wide-body aircraft in the world today, including the Airbus A350 and the Boeing 747 and 787.

Sierra Completions will focus on aircraft used by private sector V-VIPs and heads of state, modifying the jet interiors to create a so-called ‘office in the sky.’

Jon Burgoyne, president of Sierra Completions, said in the release that they were very pleased with the cooperation and commitment brought to the table by state and local officials, proving that they’re invested as much in the success of Sierra Completions as the company itself.

Governor John Hickenlooper said in the release that with the announcement by Sierra Nevada Corporation, Colorado Springs is on its way to becoming home to an aviation facility unlike any other in the country. “We’re thrilled to welcome Sierra Completions and be part of the continued success and expansion of SNC,” said Gov. Hickenlooper.

Apart from the job creation and investment impact, there’s also another big economic development benefit from this project for Colorado Springs, El Paso County and the rest of the Colorado Springs MSA, better known as the Pikes Peak region.

Almost half of the employment dollars spent in the Colorado Springs economy come from U.S. Department of Defense employees. The Sierra Completions aircraft completions facility will help diversify the economy and enable the region to retain trained military talent as active-duty members transition into civilian life.

North Carolina Awards Economic Development Funding to Revitalize Historic Buildings

The North Carolina Department of Commerce announced Main Street Solutions awards for historic building revitalization projects in the City of Clinton and Town of Elkin.

NC Main Street

NC Main Street (photo – nccommerce.com)

NC Commerce Secretary John Skvarla said in a release announcing the awards that both projects will revitalize historic buildings, assist in creating new jobs, and provide positive additional activity in downtown Clinton and Elkin.

Sec. Skvarla added that this innovative North Carolina economic development strategy restores downtowns across the state.

The City of Clinton will get up to $200,000 to assist the relocation of a restaurant into a historic building that is currently vacant. The project will allow the restaurant to expand, and increase foot traffic in downtown Clinton.

The Town of Elkin will likewise get up to $100,000 to restore a landmark theater on Main Street that is currently abandoned. Once restored, the theater and a proposed on-site cafe will serve as a venue for regional music and entertainment.

These two projects mark the latest investment by the state into historic revitalization projects through the NC Main Street program. Since its inception in 1980, North Carolina Main Street communities have generated $2.2 billion in public and private investment and created more than 19,000 net new jobs.

Liz Parham, director of the North Carolina Main Street Center which administers the Main Street Solutions Fund, said in the release that they are pleased to partner with communities throughout the state. Parham added that building renovations, facade improvements and new businesses ultimately help create new jobs in North Carolina.

The NC Main Street Center was established to stimulate economic development within the context of historic preservation. It follows the Main Street Four-Point Approach to revitalization developed by the National Trust for Historic Preservation.

North Carolina was one of the original six states that were picked to participate in the pilot program initiated in 1980 through which the National Main Street Center demonstrated the NTHP four-point approach of organization, promotion, design and economic restructuring.

The NC Main Street Center was established to manage the National Main Street Center’s program in North Carolina and administer the Main Street Solutions Fund program.

After the pilot demonstration was completed, the state continued offering the Main Street program to cities and towns all North Carolina, and has even added a separate small town component to the program.

This Small Town Main Street program assists towns with populations of less than 7,500 which might be in need of downtown development assistance, but are not likely to pursue the Main Street designation due to size and resource limitations.

NYC Triples Economic Development Funding For Made in NY Fashion Initiative

NYC Mayor Bill de Blasio kicked off Fashion Week with the announcement that the City is tripling its funding for new and expanded economic development programs that support the NYC fashion industry.

NYC Fashion District

NYC Fashion District (photo – danxoneil/flickr)

The Made in NY suite of fashion initiatives are public-private partnerships financed and led by the NYC Economic Development Corporation, with additional funding provided by industry partners.

The City’s funding support for these initiatives, which are still in the process of being rolled out, has been hiked from $5 million to $15 million.

Mayor de Blasio, joined by New York City Deputy Mayor for Economic Development Alicia Glen and other officials, made this announcement at MADE. The organization offers free space, production support and other resources to designers who want to exhibit their collections during each NYC Fashion Week.

The Mayor said in a statement that “Fashion is incredibly important to New York City, not just because it helps make us the most creative and exciting city in the world, but because of the hundreds of thousands of jobs and links to economic opportunity it creates.”

Mayor de Blasio added that they are determined to ensure that working designers and manufacturers in New York City, and those aspiring to join that community, have the support they need to make it in New York City, and continue to grow NYC as the world’s fashion capital.

Deputy Mayor Alicia Glen noted that they’re not just increasing support for the industry, but expanding the City’s toolkit to support the fashion industry.

Among the new initiatives is a $5 million two-year creative marketing campaign to highlight NYC fashion companies by leveraging traditional and digital advertising media.

As a start, the MadeInNYFashion.nyc website has been launched as a digital hub to showcase NYC-made fashion creations and promote local designers and manufacturers, while also providing the city’s fashion industry with valuable resources and information.

Another initiative that is a part of Made in NY Fashion is a $1 million internship program that will put aspiring design students on a career path in the fashion industry by providing scholarships for them to take fashion courses at an NYC-based educational institution. The program also includes fully-funded internships at fashion companies so that current students can gain real-world exposure in the fashion industry.

Another $5 million in funding will support a suite of programs for fashion manufacturers. This includes capital and workforce grants to existing manufacturers, and seed funding for companies exploring the use of advanced technologies and services in fashion manufacturing. A fashion manufacturing ‘Production Summit’ is also in the works.

New and expanded design initiatives under the Made in NY Fashion program will get $4 million in funding. This includes continued funding of the Fashion Production Fund, along with new funding for designers who need help with securing space at important events. An awards program to recognize exceptional Made in NY designers is being put together.

An interesting initiative that is also a part of Made in NY Fashion is the NYC Capsule Collection. This is a partnership between the City and the Council of Fashion Designers of America. It allows participating designers to create small collections that will be made in NYC by factories in the city and sold through retailers located in the city. The first collections made through this program are expected to hit the stores this fall.

NYC Economic Development Corporation President Kyle Kimball said in the release that the Made in NY initiatives are designed to further strengthen the fashion industry holistically, from design to production to sales, ensuring that New York City remains the fashion capital of the world.

 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307  Scroll to top