Creative Space

 

The ICD is a deluxe, full-service, office and co-working environment for innovative brands and creative companies seeking unique space and flexible options in Downtown New York and Los Angeles. 

Enjoy an array of exclusive amenities including onsite staff, business and concierge services, showrooms, conference rooms, lounges and more...

SEARCHING FOR SPACE?

We Offer Options For Businesses Of All Sizes

Contact us directly at info@chamberofdesign.org

LUXURY LOCATION AND FACILITY

New and established companies can enjoy a state-of-the-art facility in a creative building in New York and Los Angeles.

FLEXIBILITY

• No long term commitment required, clients can sign up for minimal term lengths. 

• Clients can grow or contract easily within the facility and the building. 

• Plug and play facility for quick and easy set-up.

• Your business can be up and running within a day.

MINIMAL UPFRONT COSTS

• No large security deposit required. 

• No construction necessary. 

• No telephone or Internet equipment to purchase, install or manage.

NO ADMINISTRATION HEADACHES

Onsite staff takes care of all administrative details such as reception services, 24/7 technology and desktop support, cleaning, photocopying, mailing/ shipping and deliveries reducing staffing needs.

CREATIVE ENVIRONMENT 

• Clients’ employees and guests can enjoy the beautiful facility and its shared amenities such as presentation conference rooms, café, lounges, pantries, and open gallery space.

• ICD sponsored events, partners, advisors and community members enhance the visibility of all clients and brands, and create valuable networking opportunities.

 

 Atelier

The Atelier is our in-house manufacturing service specializing in small to medium sized production for the local fashion industry. Services include pattern making, grading, sampling, fittings, adjustments, costing and production.

 

The Atelier specializes in producing runs for the local fashion industry and can take your design from a simple sketch to a finished garment. The Atelier is available to ICD members only including Emerging, Associate and Alumni Program participants and casual members. Casual membership, with an annual fee of $100, is the easiest way to join and with it you can access The Atelier services, research the latest trends on WGSN, use our design library, and receive member rates for workshops and the showroom.

The Atelier offers:

            Fashion Illustrations

            Pattern making

            Grading

            Sampling

            Fabric advice

            Fitting and adjustments

            Production of both large and small runs

            Specification sheets

            Styling

            Costing

            Workshops

            Networking workshops

            Event Production

            Campaign Execution

            Graphic Design

            Marketing

Accelerator Program

In the first part of the two-year program, designers selected for the incubator get an intensive eight-month business finance and marketing education as part of the ICD’s partnership with Los Angeles Trade Tech and LA Mart. Because the designers have established businesses, their brands also act as a case study project for the students, who work with the designers to develop business plans that include e-commerce and finance strategies.

Throughout their residency, industry executives are assigned to incubator fellows as mentors to help them identify personal challenges and guide them in developing their businesses.

The ICD elevates designers’ business operations while in the incubator in addition to fostering their creativity to continue developing their lines. Through partnerships, designers are granted allowances for travel and funding for business projects.

The ICD helps start, connect, grow and scale early stage fashion ventures.

At ICD we work closely with designers and fashion entrepreneurs to help them master the skills needed to maintain creativity and manage a successful fashion business. 

The ICD  provides individual workspace, showrooms, production support, fashion business mentoring and a range of master classes and workshops.

ICD Pre-Seed Fund

The International Chamber of Design Pre-Seed Fund is designed to assist emerging creative businesses to develop their business strategy, validate their product / service offering and revenue model, and position themselves for growth nationally and/or internationally.

The International Chamber of Design Pre-Seed Fund provides loans of up to $25,000 to qualifying creative industries businesses. Applications are assessed on a competitive basis, and only companies with potential for significant growth are selected for investment.

Companies that receive funding from the ICD International Chamber of Design Pre-Seed Fund may choose to seek further funding via an investment from the International Chamber of Design Fund. Applications for the International Chamber of Design Fund will be considered on their own merit. Funding from the pre-seed fund can be used to validate the potential of the business and to map out the next phase of the business’s strategy. Funding will be provided against agreed milestones, and ICD will expect to generate a commercial return on the investment.

The International Chamber of Design Pre-Seed Fund will target companies with strong growth potential, and will apply broadly the same invest ability test as the International Chamber of Design Fund.  Investment will normally be by taking an equity stake, however alternative forms of funding will be considered, that allow for the fact that not all creative businesses will be able to achieve a liquidity event, such as a convertible note.

Sectors that are eligible for the program

ICD applies a reasonably broad definition to “creative industries”, and will consider providing pre-seed funding to companies in the following sectors:

•    Art;

•    Design;

•    Fashion;

•    Entertainment;

•    Digital Media;

•    Music;

•    Film & television;

•    Games & interactive content; and

•    Software with application to any of these sectors.

 

ICD will not consider providing pre-seed loan funding to companies in the following sectors unless a clear commercial return can be shown:

•    Antiques;

•    Galleries;

•    Museums;

•    Markets

 

ICD will also not consider proposals to fund not-for-profit entities or projects that do not have a clear commercial focus. ICD will not allocate funds to support the repayment of debt or fees to third parties for capital raising services.

Investment Criteria

ICD will consider applications for pre-seed funding from companies that meet the following criteria:

•    An existing Tax ID business license which is operating in the creative industries, in the sectors referred to in the previous section of these Guidelines

•    Key milestone evidence of how this seed investment can enable the growth of the company to achieve short term commercial milestones (3-6 months) to underpin the future commercial and potential investment strategy

•    Appropriate intellectual property protection strategy (ie: trademarks, registered designs or patents as appropriate)

•    A clear business strategy and commercial plan to grow the business

•    Opportunity to tackle significant markets and create a nationally or globally scalable business

•    Capable management team with demonstrable sector knowledge

•    Realistic financial projections showing how the business will generate revenues

•    Evidence that the pre-seed funding will assist the business to validate its business model and to become sustainable

•    Evidence that competition and risk issues have been defined and understood

•    A clearly defined plan for short term milestones to build a compelling case to achieve revenues and return on investment for investors

What can the funds be used for?

The pre-seed funding program can be used to support activities that validate the company’s business model and help it achieve sustainability and continued growth. Some examples of activities that could be supported using pre-seed funding from ICD:

•    Market research to refine business strategy

•    Identifying future investment and funding requirements

•    Supporting product, content, technical and creative development

•    Securing intellectual property rights

•    Developing sales, marketing and communications plans

•    Pursuing strategic partnership opportunities, including travel costs

•    Refining business development or financial models to scale the business

Is there anything that cannot be funded using International Chamber of Design Pre-Seed Fund from ICD?

Pre-seed funding from ICD may not be used for:

•    Bridge financing or “funding of last resort” for businesses that are struggling or unable to remain viable without the loan

•    Salaries or other payments to the founders / business owners

•    Paying down existing debt of any sort

•    Paying any third party introduction or success fees for capital raising services

•    Meeting routine business operating costs such as rent or utilities

•    Supporting an individual project or product that can not demonstrate a clear business plan application