Private Networking Lunch featuring PETE Prize Winner 2022
Tuesday, March 21 1:15-3 pm Dubinsky Student Center (8th Floor) 227 West 27th Street Fashion Institute of Technology
For entry to the Entrepreneurship Summit luncheon, an additional and separate ticket
must be purchased in addition to a ticket for the Summit.
Luncheon Speakers
Michael Ferraro
Michael Ferraro is the executive director of the FIT Design and Technology Lab (DTech) at FIT and
is responsible for industry partnerships and collaborative programs for the college.
Creative technologist, researcher, artist, and educator, Ferraro’s career spans the
worlds of computer animation, software development, virtual reality media production,
fine art, commercial entertainment, and higher education.
He came to FIT from Lehman College/CUNY, where he spent 12 years as an associate professor
in the digital media program of the art department. In 2015, working with students,
he won a NY Emmy for Graphics and Animation Supervision for a series of PSA’s entitled
“Best of the Bronx.”
Prior to Lehman, Ferraro founded Possible Worlds, an innovative, real-time animation
studio, working for clients such as Warner Bros. MTV, Nickelodeon, and Cartoon Network.
In the mid-1980s, Ferraro was one of the cofounders of Blue Sky Studios and served
as system architect of the Academy Award-winning CGI Studio™ Renderer and production
animation system. He made his first picture with a computer in 1969.
Haley Schwartz
As the grand prize winner of the PETE Prize for Entrepreneurs 2022, Haley Schwartz is developing her company, Vertige Adaptive, Inc., where she has designed fashion-forward
adaptive wear for people with different health challenges and disabilities, with a
plan to launch on e-commerce. Schwartz said, “The adaptable clothing that exists today
mostly accommodates people in wheelchairs and people with mobility issues. But there’s
nothing to accommodate people with other kinds of health conditions.” Schwartz’s launch
collection will target people who wear heart monitors, colostomy bags, and additional
conditions she learned about from market surveys and focus groups. Vertige Adaptive
was inspired by Schwartz’s own experience of living with ventricular tachycardia for
most of her life and the inability to find clothes that worked with the heart monitors
she had to wear.
Originally from Chicago, Haley earned her AAS in Fashion Design from FIT. Since winning
the prize, Haley has relocated her studio from a tiny NYC apartment to the Brooklyn
Navy Yard (one of Haley’s PETE Prize winnings). She said, “I came to FIT for opportunities
and connections like this, and [competing for the prize] was such a valuable experience
– even more than any class has been.... This has changed the course of my life completely!”
Overview
The PETE Prize is an FIT DTech Lab, jury-picked merit award competition, which recognizes
the excellence of fresh, insightful, and creative ideas. It is envisioned through
execution-focused business plans that demonstrate innovative, design-oriented thinking.
The PETE Prize workshops and clinics are led by industry entrepreneurs where student
teams develop their working ideas with a focus on art, business, design, mass communication,
and technology in the fashion industry. This program promotes FIT's innovation, sustainability,
and diversity core values. The grand prize-winning team receives $30,000 as well as
participation in the Entrepreneur's Incubator Program for one year. Additionally,
the winning team receives office space, marketing, legal, financial, creative, and operational guidance on how to build and launch an innovative
company.
The PETE Prize was awarded for the first time in 2022 with a small event held on the
FIT campus. There is an opportunity to expand the footprint of the prize and the event,
creating a fundraising event centered around entrepreneurism and attracting a new
set of donors to FIT.
Haley Schwartz shares her personal story of how she developed Vertige Adaptive.