For the first time, women comprise more than half of the 27 recipients of the 2016 NYC Venuture Fellows selected by the New York City Economic Development Corporation and 92Y. In addition, fashion is the most popular category, with six winners hailing from that sector — including Ringly’s Christina d’Avignon; StyleSage’s Jade Huang; Jag Gill’s Sundar; Tula’s (and Troops’) Dan Reich; Modalyst’s Jill Sherman, and Shoptiques’ Olga Vidisheva. Other design-minded entrepreneurs include Paddle8’s Aditya Julka and Hullabalu’s Suzanne Xie, who also created Weardrobe (and Lolliphop). Another incoming fellow, Jen Rubio, co-ceo of Away, met her business partner Stephanie Korey when the pair worked at Warby Parker.
In addition to fashion, the next batch of entrepreneurs will take part in a year-long program designed to help them scale up their respective operations, representing a diverse cross section of industries including media, software, biotech, education, financial services, and nonprofits. Another locally grown, fairly well-known business executive, Gimlet Media’s Matt Lieber, will be among the fellows.
He and other members of the incoming group will be participating in a program with alumni from Foursquare, Etsy, SecondMarket, Warby Parker, MakerBot, Rent the Runway, Paperless Post and other companies.
NYCEDC president Maria Torres-Springer said, “NYC Venture Fellows will provide these up-and-coming entrepreneurs with the skills they need to grow their businesses and create jobs right here in New York City. I look forward to watching them learn from the opportunities provided, and seeing how their success benefits the lives of New Yorkers.”