New York Times Square featured venture builder and founder of Ghana’s edtech Stars From All Nations has been tapped to lead the inaugural African Fashion Futures Incubator program as program manager and entrepreneur in residence.
The African Fashion Futures Incubator provides a space to challenge ideas and business concepts and gives access to mentors and resources for 14 fashion designers from Ghana, Nigeria, and Rwanda participating in the program. The incubator will equip new, up-and-coming fashion designers and brands with the necessary skills and monetary resources to create a brand founded on ethical principles in regard to people, place, and profit.
Participants will experience an exponential and transformative program over a 9 -12 month incubation period to scale their ventures and enhance their value chains. Through a tried and tested methodology, the fashion designers will receive hands-on support from industry experts across a global network and grant funding of up to USD 5,000 each, and additional fundraising support.
The African Fashion Futures Incubator was initiated by Impact Fund For African Creatives in partnership with the African Fashion Foundation in Ghana, with Seedstars as the implementing program partner.
“Statista estimates that global revenue in the fashion vertical could reach $9.60bn this year, with a CAGR 2023-2027 of 13.01% and a market volume of $15.65bn by 2027. With Africa being the new frontier of global commerce, I’m thrilled about this opportunity to participate in building up Africa’s fashion industry,” says Tom-Chris Emewulu.