Africa Fashion Week Nigeria introduces Business of Fashion Round-table event
As we anticipate Africa Fashion Week Nigeria 2018 this weekend, we look forward to the stimulating sessions from Business of Fashion Forum.
The Business of Fashion Forum is scheduled to hold on September 15. The Seminar offers the opportunity to young talents to learn the basic foundation of building a fashion brand and earn a sustainable living — and the careers that are available in the fashion industry. Here's the breakdown of the events of the day.
Business of Fashion Round-table Timeline
1PM - Bank of Industry : How to Access Fashion Funds
In 2015, Bank of Industry (BOI) launched a fashion fund, which provides fashion business an opportunity to create jobs and add value to the Nigerian economy, while promoting a unique fashion sense in the country.
The fund has nine per cent interest rate with six to 12 month moratorium period, as well as three to five years loan tenure. The Bank of Industry promised to increase the N1billion set aside to promote the fashion industry in the country, if the demands for it increased. To access these funds,you must be interested in making clothes, shoes, accessories and jewellery. Since its launch, quite a number of designers have been able to get a grant to boost their business.
At Business of Fashion seminar for AFWN2018, a director from BOI will break down how to access the fashion fund and how best to use it to utilize your fashion business. Interested parties must be involved in the production and marketing of fashion items like clothes, handbags, shoes, jewellery and other fashion accessories.
KEYNOTE: The state of Fashion’s Business in Africa: opportunities for Start-ups & Investors
KEYNOTE SPEAKER: Uche Nnaji CEO, OUCH!
1:30PM - Panel Discussion: Building a Fashion Business in Nigeria: Production, Marketing and the Back Office
The Panelists
Uche Nnaji - OUCH!
Uche Nnaji is a Visionary, Lifestyle-Prenuer, Image – Stylist, these are some of the titles that describes him, but Uche is better known as the Style Doctor. This award winning founder of OUCH-Lifestyle, a premium Fashion & Lifestyle company has been able to build an aspirational Fashion and Lifestyle brand that is well embraced by a discerning clientele base. From a dream that started with assisting fellow students to knot their neckties in the University dormitory, Uche after been denied student visa for his masters in the United Kingdom 11 year Ago.
Launched the first OUCHlet store in Maryland, Lagos, Today, the OUCH brand has expanded to 8 OUCHlets across Nigeria with branches in Lekki, Surulere, Victoria Island, Murtala Mohammed Local Airport and in Port- Harcourt. Over the years, Uche Nnaji has grown to become an authority in the fashion industry, with collections showcased at the ECOWAS fashion week amongst others. Internationally, his works have been showcased at New York Fashion week 2010, New York fashion week 2011 and African Fashion Week London in September 2012. He also has a lot of awards and achievement to his name.
Business of Fashion Round-table Timeline
1PM - Bank of Industry : How to Access Fashion Funds
In 2015, Bank of Industry (BOI) launched a fashion fund, which provides fashion business an opportunity to create jobs and add value to the Nigerian economy, while promoting a unique fashion sense in the country.
The fund has nine per cent interest rate with six to 12 month moratorium period, as well as three to five years loan tenure. The Bank of Industry promised to increase the N1billion set aside to promote the fashion industry in the country, if the demands for it increased. To access these funds,you must be interested in making clothes, shoes, accessories and jewellery. Since its launch, quite a number of designers have been able to get a grant to boost their business.
At Business of Fashion seminar for AFWN2018, a director from BOI will break down how to access the fashion fund and how best to use it to utilize your fashion business. Interested parties must be involved in the production and marketing of fashion items like clothes, handbags, shoes, jewellery and other fashion accessories.
KEYNOTE: The state of Fashion’s Business in Africa: opportunities for Start-ups & Investors
KEYNOTE SPEAKER: Uche Nnaji CEO, OUCH!
1:30PM - Panel Discussion: Building a Fashion Business in Nigeria: Production, Marketing and the Back Office
The Panelists
Uche Nnaji - OUCH!
Uche Nnaji is a Visionary, Lifestyle-Prenuer, Image – Stylist, these are some of the titles that describes him, but Uche is better known as the Style Doctor. This award winning founder of OUCH-Lifestyle, a premium Fashion & Lifestyle company has been able to build an aspirational Fashion and Lifestyle brand that is well embraced by a discerning clientele base. From a dream that started with assisting fellow students to knot their neckties in the University dormitory, Uche after been denied student visa for his masters in the United Kingdom 11 year Ago.
Launched the first OUCHlet store in Maryland, Lagos, Today, the OUCH brand has expanded to 8 OUCHlets across Nigeria with branches in Lekki, Surulere, Victoria Island, Murtala Mohammed Local Airport and in Port- Harcourt. Over the years, Uche Nnaji has grown to become an authority in the fashion industry, with collections showcased at the ECOWAS fashion week amongst others. Internationally, his works have been showcased at New York Fashion week 2010, New York fashion week 2011 and African Fashion Week London in September 2012. He also has a lot of awards and achievement to his name.
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