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First Bill de Blasio throws his weight behind the local fashion industry, and now the Obama administration wants to jump on the bandwagon. Manufacture NY, a fashion incubator that nurtures young New York designers, has won a U.S. Small Business Administration award worth $50,000 that'll support its efforts, according to WWD.
"Local apparel production is indeed beginning a renaissance in New York City, and we're grateful that the SBA is willing to contribute to our incubator's ability to help local startups and entrepreneurs," CEO Bob Bland told the paper.
Manufacture NY was one of 50 prize winners out of more than 800 applicants, and the only NYC-based company to win—likely because "any accelerator models which support manufacturing" was given special preference, according to the SBA.
"We're hopeful that this recognition of our hard work will help to inspire other domestic manufacturers to move forward," Bland added.
They'll be putting the prize money toward sprucing up their future Sunset Park headquarters, a manufacturing center that'll produce apparel, textiles, and even wearable technology.
· Manufacture NY Awarded Obama Fund Grant [WWD]
· How Manufacture NY Gives Young Designers a Fighting Chance [Racked NY]
· NYC Fashion Incubator Leaves Brooklyn for the Garment District [Racked NY]