NEW YORK–Investment firm Financo has created the Financo Scholarship Fund, which will be granted to full-time students pursuing full-time bachelor’s degrees at The Fashion Institute of Technology.
The endowed scholarship was established with an initial gift of $150,000. Financo’s goal is to raise $1 million for the fund.
“We designed the Financo Scholarship fund to recognize students who demonstrate a unique passion for fashion and business,” said Gilbert Harrison, chairman and chief executive officer of Financo, in a statement.
Last year, Harrison was named co-chairman of the board for the Educational Foundation for the Fashions Industries, the industry-support body of FIT.