modaCYCLE editors Charles Beckwith and Seth Friedermann are collaborating on a just-launched fashion investment project called Fashion For-Profit.
Each month they will select three very talented designers to invite for a panel discussion in front of potential investors, organized through Meetup.com. The editors will moderate the panel, advise the investors and designers on current market forces which might impact what is going on with the brands, and then the panel will be followed with one-on-one meetings between the designers and interested potential financiers.
Brands to be showcased will be a mix of emerging designers who have passed their second collection, and established smaller designers who are ready for a boost to take their labels to the next level of development.
For the moment, the editors have more than enough ideas about which designers to bring in, but it may open up for submissions after a few months.
The group is now live on Meetup for potential investors to join, and the first event will be held at the end of February.