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These 8 Startups Hit The Runway at New York Fashion Tech Lab’s Demo Day

 
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8 FashionTech startup companies presented at New York Fashion Tech Lab‘s “Demo Day” at the Time Inc. recently. NYFTL was cofounded in 2014 by Springboard Enterprises and the Partnership Fund for New York City. This cohort of the accelerator’s third program worked for an intense 12 weeks, receiving mentoring and feedback from fashion companies like Macy’s and Kate Spade, meetings with experienced executives and investors and exclusive discussions and panels on the different facets of fashion technology.

According to Kay Koplovitz, the chairwoman of Springboard Enterprises, the lab was created to help fill a hole in the retail tech market. “We saw the lack of some of the incoming technology that consumers carry around in their pocket,” Koplovitz said.

Koplovitz said that this year’s class is the most diverse one yet. The business owners come from countries like South Africa, Estonia and Russia and have experience in the marketing medical, and engineering fields. The founders’ cultural backgrounds and previous career paths have helped them create technological products that are bound to impact the industry.

This year’s innovators include a designer fashion rental service, an online shopping fit guide, and wearable protective technology for women, among others.

 

CLICK HERE TO SEE THE 8 STARTUPS FROM NEW YORK FASHION TECH LAB’S 2016 ACCELERATOR CLASS

 


Image credit: Fashion Business

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About the author: Hayley Lind

Hayley Lind is a copyediting intern at AlleyWatch and a student at CUNY Graduate School of Journalism concentrating in Arts and Culture. Her interests include yoga, fashion, music, and traveling. In her free time, she loves to frequent thrift stores and flea markets.

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