Establish a sustainable fashion investment fund

The Good Fashion Fund (Sustainable Fashion Fund) was introduced on September 3 in the city of Amsterdam (Netherlands) with the goal of investing in the application of advanced technology, bringing improvements in the garment supply chain system. wear and footwear in Vietnam, India and Bangladesh. The fund was founded on a partnership between C&A Fund, Hong Kong-based The Mills Fabrica and FOUNT investment consulting firm.

Currently, the apparel supply chain is being criticized for its negative effects on the environment and society. Meanwhile, although sustainable solutions have been proposed, funding for the application of these technologies into the supply chain remains a problem. The Fund wants manufacturers in the garment industry to invest and re-invest in innovative innovations that contribute to economic growth and pave the way for the development of the fashion industry, and mobilize the use of safe materials. Safe and recyclable, clean and efficient energy, self-contained manufacturing and creating fair jobs and growth.

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The Good Fashion aims to raise more than $ 60 million with the desire to help finance, contribute to solving the problems that manufacturers are facing. The fund's vision is to expect manufacturers in the garment industry to invest and re-invest in innovative innovations that contribute to economic growth and set the stage for the development of the fashion industry.

Vietnam is one of the fund's three key markets with strength in the garment industry, along with India and Bangladesh. Then the fund will expand across Asia.
Katrin Ley, CEO Fashion for Good, said that breakthrough innovations are needed to help the fashion industry transition from a traditional “capture, produce, waste” business model ('take, make, waste ') to a more sustainable system. Although today's technologies have a radical orientation, they still do not have a specific scale. The Good Fashion Foundation provides resources, tools and incentives to bridge the application gap of innovative technologies, bringing them closer to the masses.
Small and medium manufacturers, whose products or services meet these criteria, are looking to deploy advanced technology and equipment, are eligible to apply for a grant. The fund will also be mandated to support larger manufacturers as they commit to investing in disruptive technologies.