Tiffany & Co. has made a $1 million gift to the CFDA/Vogue Fashion Fund in the name of boosting jewelry design among the emerging American design set.
As part of the three-year partnership, the company will award a $250,000 business development grant to one of nine jewelry design alums since the competition's launch in 2004.
In a statement, Tiffany chairman and CEO Michael J. Kowalski said: "As a leader in the jewelry industry, it is important to us that the next generation of talented jewelry designers is able to succeed in the face of the many business challenges they face ... Partnering with the CFDA/Vogue Fashion Fund, this grant is intended to continue to develop jewelry as an important field of design."
The designers can apply for the grant, and a winner will be announced this summer. The pool includes Pamela Love, Waris Ahluwalia of House of Waris, Monique Pean, Dean Harris, Phillip Crangi, Justin Giunta of Subversive Jewelry, Eddie Borgo, Irene Neuwirth and Anthony Nak.