Business experts nationwide seem to agree that funding remains to be
one of the biggest hurdles for emerging developers, particularly
minority and women-owned firms. The NYC Economic Development Corp, in partnership with Basis Management
Group, LLC, hopes to tackle that problem with the launch of Emerging
Developer Loan Fund, which includes $10 million of capital
committed by NYCEDC.
This month at The Lighthouse in Chelsea Piers, The Romare Bearden Foundation held its annual fundraiser for
the ongoing support of its arts programs in schools and throughout the
city, one of which is an educational fund for art teachers to teach in
New York City schools.
Regarding the installation of the “Black Dress: Ten Contemporary Fashion
Designers” exhibit currently on display at Pratt Manhattan Gallery in NYC,
curator and professor Adrienne Jones says the key issues Black designers
face today are funding and marketing.