Jennifer Astone of Integrated Capital Investing and the Transformative 25 recently spoke with Teju...
Fibers Fund announces first 5 grantees
August 10, 2023 — The
Fibers Fund has welcomed its first five grantees:
- Seattle-based Botanical Colors received support to set up data management systems that will enable it to improve income projections and secure additional contracts.
- Oregon-based Fibrevolution will use the grant to enable its first funding round, allowing it to access additional investment capital to support its planned flax mill for linen production.
- Kept Studio (Brooklyn, NY), led by Kesiena Onosigho, is a textile studio, natural dye processor, and knit manufacturing processor. The grant will support accounting, business structure set-up, and planning to obtain a permanent studio with garden space.
- ROOLĒ (Durham, NC) by Gordon Holliday is an upcycled and bio-fashion brand focused on reworking natural fibers. The grant will support the development of a local regenerative supply network, specifically partnering with a local Black organic cotton farmer and a local manufacturing partner.
- MAHDIYYAH (Ewing, NJ), Mahdiyyah Muhammad's eponymous brand, is a zero-waste fashion label with a focus on upcycled apparel of cotton, linen, and wool. The grant support will facilitate the sourcing of U.S. soil-based textiles and natural dyes for a research-based collection and hiring for expansion.