Sovereignty Company Is Launching SO.TY With Funding For BIPOC Sustainable Fashion Brands
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By Cassell Ferere originally published on Forbes.com
Many companies and organizations build up communities of color through charitable associations. We have witnessed a push to deliver more effective and stimulating charitable efforts from non-profits. The focus is on providing more resources than ever, directly impacting the innovators of these communities in ways that uplift their immediate environment. Less about giving back, non-profits all over are giving forward to those with social influence and audiences that believe in them.
Sovereignty Company is a non-profit and circular social enterprise empowering fashion entrepreneurs of color. They have a targeted goal of collectively solving climate change and inclusion issues around the industry and global fashion community. Ideally, a circular fashion society among the BIPOC community by 2050 is the goal while aligning with numerous Global Goals [4, 5, 6, 8, 9, 10, 12, and 13] for 2030 presented by the United Nations, the Paris Agreement, and the Fashion Industry Charter for Climate Action, sponsored by the United Framework Convention on Climate Change (UNFCCC).
Refining neo-luxury fashion, Sovereignty Company is disrupting the industry with equitable wealth creation and a creative workforce economy through the non-profit, its Fashion CEO accelerator program, an impact fund for creators to apply to their production, and sustainable fashion brand SO.TY. Sovereignty Company will also bridge the gap between creators of color, leadership, and innovators at companies and policy. Sovereignty Company wants to create climate-neutral solutions for the entire fashion industry.
Founded by Dr. Corneil [Neil] Montgomery, Sovereignty Company’s non-profit model builds on the accumulated experience of Dr. Montgomery, a creative social impact executive for Fortune 50 companies, global not-for-profits, and consulting. Montgomery has secured partnerships with the financial institution Wells Fargo and Japanese car manufacturer Lexus.
Montgomery and Sovereignty Company are also gaining support from influencers, including sustainable fashion blogger Aditi Mayer, James Higa CEO of Philanthropic Ventures Foundation, Edwina Kulego vice president of international and business development at Informa Markets Fashion, and founder of Essentials By Edwina, and other fashion influencers and thought leaders.
The program from Sovereignty Company will ultimately remain diverse, inclusive, equitable, and circular within the fashion community. The CEO Accelerator is a non-diluted accelerator that will fund budding fashion designers and business entrepreneurs of color with design consulting and launch sustainable fashion business models and brands…
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