NYCEDC news and archive

Apply for the Fashion Manufacturing Initiative Grant Program

Fashion manufacturers in New York City’s five boroughs looking to grow their business should take note. The application for the sixth round of the Fashion Manufacturing Initiative (FMI) Grant Fund is now open. The FMI Grant Fund, in partnership with the New York City Economic Development Corporation, is a partially matching grant fund that...

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NYCEDC and CFDA investing 51.3 million dollars into Garment District

Today, March 24, the New York City Economic Development Corporation (NYCEDC) and the Council of Fashion Designers of America (CFDA) will reveal their plan to invest 51.3 million dollars into the Garment District to help “help stabilize and strengthen the garment manufacturing industry in New York City.” The investment includes technology,...