The New York Fashion Tech Lab was co-founded by Springboard Enterprises and the Partnership Fund for New York City.
Since 2000, Springboard Enterprises has served as a resource hub of influencers, investors and innovators engaged in helping women entrepreneurs build big businesses. Springboard sources, coaches, showcases and supports women-led growth companies seeking investment of financial and human capital for product development and expansion.
Over 620 Springboard portfolio companies have raised $7.2 billion, created tens of thousands of new jobs, and generated billions of dollars in annual revenues. Over 80% of Springboard companies are growing as independent or merged entities, including 12 IPOs and many that are the technology engines of publicly traded companies.
Founded by Henry Kravis in 1996 and capitalized by New York’s leaders of business and finance, the Partnership Fund for NYC’s mission is to mobilize our investors’ resources — their money, time and influence — to create jobs, spur new business creation and to expand opportunities to participate in the economy to all of the city’s residents and neighborhoods. The Fund is an “evergreen” fund — realized gains are continuously reinvested in deserving projects. Since inception, the Partnership Fund has invested in excess of $135 million in over 150 exemplary projects. The Partnership Fund Board is led by Co-Chairmen, Charles R. Kaye and Tarek Sherif.