The first round of the Elevate grant and mentoring program has been announced and includes six black entrepreneurs. The program aims to support early-stage fashion businesses by providing advisory and grant support. The program will help accelerate change within the industry and realize the vision of an equitable retail landscape. The finalists in the first round of the program are Chloe Kristyn, Bettina Benson, and Robin Sirleaf.
The selection process involved working with Stitch Fix’s leadership team and using extensive data resources. The final six winners will receive a $25,000 cash gift from the company and receive a mentor. In addition to the financial support, the Stitch Fix team has tapped Harlem’s Fashion Row, which offers a platform to emerging black fashion designers. The program will launch in fall 2018.
The Stitch Fix Elevate Grant and Mentorship Program supports early-stage Black entrepreneurs in the retail industry. The program includes a cash grant of $25,000 for each selected Black entrepreneur. The program also offers personalized mentoring support from the company’s senior leadership and a mentoring session with founder Katrina Lake. The selected companies will be featured on Stitch Fix’s social media channels.
The Elevate Grant and Mentorship Program will support Black fashion designers with a $25,000 cash grant and eight months of advisory support. In addition to a $25,000 cash grant, the program will provide eight months of ongoing assistance from Stitch Fix’s Algorithms team. Additionally, the awardees will receive access to Stitchfix’s marketing channels and a chance to sell their products on the website.
The Elevate Grant and Mentorship Program is a new initiative by Stitch Fix, which will give each selected black entrepreneur $25,000 to help them launch their business. As part of the initiative, the Stitch Fix founders will support the business’s growth and create a diverse and inclusive community. It is important to note that the program’s success depends on its members.
The Elevate Grant and Mentorship Program is open to all entrepreneurs. Its goal is to support emerging Black trend designers with their business ideas. The program also provides mentorship and advice to entrepreneurs. The participants in the program will receive $25,000, advisory periods, and access to product analytics. The recipients of the program will include Diarra Bousso, Jamela Acheampong, and Ayse.
Applicants must submit an application online. The deadline for the first round is October 31, 2021, at 11:59 p.m. ET. If you don’t have a website, apply anyway. The deadline for applications is November 30 at 10 a.m.ET. For the second round, you must submit a video of yourself explaining your brand. If you’re selected, you’ll be awarded a $25k prize and be mentored by an executive.