The Fashion Fund, created by the CFDA and Vogue to aid young and emerging designers, includes a mentorship program and a cash prize. Altuzarra took home $300,000 while runners-up Pamela Love of Pamela Love Jewelry and Shane Gabier and Chris Peters of Creatures of the Wind walked away with $100,000 each.

Those that went home empty-handed were Suno’s Erin Beatty and Max Osterweis; Carlos Campos; Antonio Azzuolo of A.A. Antonio Azzuolo; Carly Cushnie and Michelle Ochs of Cushnie et Ochs; Ohne Titel’s Alexa Adams and Flora Gill; Fenton/Fallon’s Dana Lorenz, and Soraya Silchenstedt of Finn Jewelry.

This year’s selection committee included Vogue’s editrix-in-chic Anna Wintour, CFDA prez Diane von Furstenberg and CEO Steven Kolb, Theory‘s Andrew Rosen, Coach‘s Reed Krakoff, J. Crew‘s Jenna Lyons, and past Fund winners — Proenza Schouler‘s Jack McCollough and Lazaro Hernandez. [WWD]

Doug and Ben Burkman, the Burkman Bros

According to Bibu Mohapatra, who was part of the first Fashion Incubator class: “The program has helped me grow my business. The industry mentors are helping me tackle the affairs of a rapidly growing business, whether on production issues, collaborations, licensing or legal matters.”

The second season begins in May when the class of 2012-2014 moves into their Fashion Incubator studios at 209 West 38th Street. Designers will receive mentoring from industry professionals in addition to real estate space at below market value and for the first time the CFDA is partnering with New York University‘s Stern School of Business.

Through Stern Consulting Corps, designers will be matched up with MBA students who will help them “develop full financial statements, cash flow projections and investor-ready business plans.”

The lucky group of Incubatees are:

Antonio Azzuolo
Arielle Shapiro of Ari Dein
Benjamin and Doug Burkman of Burkman Brothers
Christian Coda
Emanuela Duca
Ricky Hendry and Marc Daniels of Isaora
Luis M. Fernandez of Number:Lab
Reece Solomon of Reece Hudson
Maayan Zilberman and Nikki Dekker of The Lake & Stars
Timo Weiland and Alan Eckstein of Timo Weiland [WWD]

Anna Wintour and her flock of the fabulous have meticulously the selected 10 designers (and design duos) in the running for the CFDA/Vogue Fashion Fund Award. Last year, Billy Reid took the top prize of $300,000, a year of mentorship and a bronze trophy. The two runners-up Prabal Gurung and Eddie Borgo each took home $100,000 and a year of mentoring. This year, the judges are Lazaro Hernandez and Jack McCollough of Proenza Schouler (who join the committee for the first time this year), Mark Holgate of Vogue, Jeffrey Kalinsky of Jeffrey and Nordstrom, Steven Kolb of the CFDA, Reed Krakoff of Coach, Jenna Lyons of J.Crew, Andrew Rosen of Theory, Diane von Furstenberg of the CFDA, and of course the Queen herself, Anna Wintour of Vogue.

See all the of nominees here:

A. A., Antonio Azzuolo

Vests, and blzers, and boots, and a shit load of different patterns, all combined with great tailoring and a wide variety of colors. That is everything you get from the new Antonio Azzuolo collection, that in my eyes, was done to perfection. I am a big fan of the bright colors used through out the collection, and when a guy like Cole Mohr is doing your shoots, you know you have to make sure your collection is perfect.

Gallery: Antonio Azzuolo: Fall 2009 Collection

Courtesy of: Men’s Rag

As more women’s wear designers are shying away from runway shows next month, early drafts of the fashion week calendar show a handful of men’s wear designers taking the leap from presentation to runway, or dedicating runways solely to their men’s collections for the first time.

Richard Chai, Gilded Age, Antonio Azzuolo and Jurgen Oeltjenbruns are all scheduled to have men’s shows in February. Victor Glemaud is pairing up with Staerk for a single show, and Calvin Klein will also hold its men’s show in New York, taking a break from the past several years in Milan.

via WWD

Antonio Azzuolo has been in the scene for years, and he continues to create amazing line after amazing line. His latest Fall collection (which is in stores now) gives buyers an amazing combination of classic colors and cuts, with highly accenting accessories that go far beyond just completing a look. Azzuolo’s collection gives me that whole Ed Westwick vibe which is all positives in my book. I wish I could have just one of these looks for this Winter. I am not a greedy person, one will do.

Check out the Antonio Azzuolo website for more.