Applications for the 2015 BT Emerging Fashion Designer awards will close this Sunday at midnight.
This year's top recipient will receive up to $40,000 of prizes to spark their industry start-up and will join previous winners Michael Lo Sordo and Christopher Esber.
The winner will be decided by an expert panel of industry judges including Vogue Australia Editor-in-Chief and Australian Fashion Chamber Chairman Edwina McCann.
An initiative of BT Financial Group, the award is meant to offer emerging talent support, whilst encouraging smart choices about investment and securing wealth and growth in the future.
2014 winner Michael Lo Sordo said the award helped his label to soar to new heights.
“Winning the BT Award has been particularly valuable in supporting the growth of my business and making strategic decisions to enable the brand to evolve.”
Lo Sordo's collections are now sold on luxury e-tailer Net-A-Porter.
Applicants must established for under 7 years with a turnover under $2 million.
Michael Lo Sordo: Designer womenswear brand.
