FABSCRAP

 

FABSCRAP is a New York City 501(c)3 organization that effectively re-purposes textile waste from the fashion industry. Founded by Jessica Schreiber, a self-described “trash nerd” who previously managed the New York City Department of Sanitation’s e-waste and clothing recycling contracts, FABSCRAP charges a modest service charge to cover operational costs associated with picking up the textile waste and redistributing for reuse. Jessica sought advice on how to monetize the environmental, financial and public relations benefits her small business offers, as well as what business and non-profit structures were available to her. Pace SBDC Senior Business Advisor Rawle Brown has helped Jessica to develop growth strategies and build out financial projections for her business. Rawle also connected Jessica with NYSBDC’s Research Network, which provided targeted market research regarding textile recycling and New York City’s apparel manufacturing industry.

 

Further, Rawle enrolled Jessica in the 2016 New York Small Business Development Center Pitch Workshop series, which provided guidance on how to develop the introduction, body and “close” of your pitch, and concrete strategies to help turn future opportunity into new business. The workshop series also included a pitch competition component, for which Jessica won first place and a $2,500 cash award among more than twenty competitors who presented to a panel of judges from Capital One. With these experiences under her belt, Jessica impressed the judges of Lifetime Network's Project Runway Fashion Startup with her business model and high-profile clients, including Nautica, Eileen Fisher, and the BF+DA. Three of the program judges went on to award her a total of $65,000.

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Combined with the guidance she has received and the awards she has earned, Jessica has expanded service to over 20 clients and her team of volunteers is growing steadily. As of April 2018, FABSCRAP will relocate to a warehouse space in the Brooklyn Army Terminal that is twice as large as the previous one and significantly closer to the city. With this new space her business can serve both shoppers and volunteers on weekends, and explore working with more cutting rooms.

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