New york fashion tech lab
The New York Fashion Tech Lab (NYFTL) is a non-profit organization that aims to accelerate the growth of fashion technology startups in New York City. The lab was founded in 2014 and is headquartered in Manhattan.
The NYFTL provides a range of resources and services to fashion technology startups, including:
- Incubation: The lab offers a 12-week incubation program that provides startups with access to mentorship, networking opportunities, and office space.
- Acceleration: The lab also offers a 6-month acceleration program that provides startups with additional resources, including funding, marketing support, and access to industry experts.
- Networking: The lab hosts regular events and workshops that bring together fashion technology startups, investors, and industry experts.
- Mentorship: The lab provides mentorship to startups, connecting them with experienced professionals in the fashion and technology industries.
- Funding: The lab provides funding to startups through its investment arm, which focuses on investing in fashion technology startups.
The NYFTL has a strong focus on diversity and inclusion, and aims to support startups that are led by women, people of color, and other underrepresented groups.
Some of the areas that the NYFTL focuses on include:
- E-commerce and retail technology
- Fashion data and analytics
- Sustainable fashion and supply chain management
- Virtual and augmented reality in fashion
- Artificial intelligence and machine learning in fashion
The NYFTL has supported a number of successful startups, including:
- Fiture, a fitness and wellness platform that uses AI to provide personalized workout recommendations.
- H&M's Conscious Exclusive, a sustainable fashion brand that uses recycled materials and innovative production methods.
- Rent the Runway, a fashion rental platform that allows customers to rent designer clothing and accessories.
- Stitch Fix, a personalized fashion styling service that uses AI to provide customers with customized fashion recommendations.
Overall, the New York Fashion Tech Lab is a valuable resource for fashion technology startups in New York City, providing them with the support and resources they need to grow and succeed.