NYCEDC
In 2026, in partnership with the CFDA, NYCEDC launched the Local Production Fund (LPF), a pilot grant program under the Fashion Manufacturing Initiative (FMI) as the next step in the ongoing investment in New York City’s fashion manufacturing sector. The original Fashion Manufacturing Initiative was created in 2013 to support New York City fashion manufacturers in modernizing their equipment and facilities. The Local Production Fund builds on that foundation, aiming to strengthen the direct relationship between designers and manufacturers, expand the use of advanced production capabilities, and generate more consistent, local production opportunities for NYC-based factories.