Fashion Institutes | Fashion Updates

IFM’s Fashion Entrepreneurship Centre: Nurturing the Next Generation of Fashion Innovators

Published: November 22, 2024
Author: Tanvi-Munjal

The Institut Français de la Mode (IFM) has established itself as a global leader in fashion education and innovation. A key component of its commitment to fostering the next generation of fashion entrepreneurs is the Fashion Entrepreneurship Centre, directed by Thomas Delattre. This Centre offers a comprehensive suite of programs designed to support fashion entrepreneurs at various stages of their journey.

A Multi-Pronged Approach to Fashion Entrepreneurship

The Centre’s three core programs cater to diverse needs:

1. The Certificate:

  • Target: Master’s level students
  • Focus: Introduces students to the fundamentals of business creation, from concept development to market research and financial planning.
  • Goal: To cultivate an entrepreneurial mindset within the next generation of fashion talent.

2. The Incubator:

  • Target: Early-stage entrepreneurs
  • Focus: Provides intensive, hands-on support to help entrepreneurs develop and launch their projects.
  • Benefits: Access to a dedicated coworking space, mentorship from industry experts, and opportunities to participate in pitch competitions.
  • Success Story: Motto*, a second-hand sales platform, emerged as a 2024 IFM Incubator winner, receiving a significant grant to fuel its growth.

3. The Labels:

  • Target: Established fashion brands
  • Focus: Offers personalised support to help brands scale and elevate their business.
  • Benefits: Access to expert advice on branding, product development, distribution, and financial strategy.
  • Notable Alumni: Renowned brands such as Jeanne Friot, Weinsanto, and Maitrepierre have benefited from the Labels program.

A Unique Approach to Fashion Education

The IFM’s Fashion Entrepreneurship Centre distinguishes itself through several key factors:

  • Industry-Led Mentorship: The programs are delivered by experienced entrepreneurs, consultants, and industry experts, ensuring practical, real-world insights.
  • Holistic Support: The Centre addresses various aspects of business development, including creative direction, marketing, finance, and legal matters.
  • Global Perspective: The programs foster a global mindset, preparing entrepreneurs to navigate the international fashion landscape.
  • Innovation Focus: The Centre encourages innovation and experimentation, particularly in emerging areas like AI and augmented reality.

By providing a nurturing environment and comprehensive support, the IFM’s Fashion Entrepreneurship Centre is empowering the next generation of fashion innovators to shape the future of the industry.

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