IndependentsMar 01, 2021
PGI Relaunches Resource Website for the Trade Events & AwardsMar 10, 2021
PGI USA Debuts Platinum Business Development Grant
It will award up to $500,000 total in a three-year program to one or more industry recipients.
New York—Platinum Guild International USA wants to help grow the platinum jewelry business in the market through a new grant program.
PGI USA announced Tuesday it will award up to $500,000 total in a three-year program ($150,000 max during years one and two) to selected manufacturers, designers or retailers who submit a qualifying proposal.
The money may be awarded to one company or multiple companies, depending on submissions.
Applicants must be U.S.-based or U.S.-focused and have a knowledge of designing and/or manufacturing in platinum as well as a “willingness to make a long-term commitment to designing, manufacturing and/or selling platinum products,” PGI said.
PGI USA announced Tuesday it will award up to $500,000 total in a three-year program ($150,000 max during years one and two) to selected manufacturers, designers or retailers who submit a qualifying proposal.
The money may be awarded to one company or multiple companies, depending on submissions.
Applicants must be U.S.-based or U.S.-focused and have a knowledge of designing and/or manufacturing in platinum as well as a “willingness to make a long-term commitment to designing, manufacturing and/or selling platinum products,” PGI said.
The project will aim to make platinum an important focus in their business.
PGI said it knows, from research conducted by 360 Market Reach late last year, consumers are increasingly placing value on symbolic items. This is a trend that carries across generations, increasing the sales potential of consumer segments ranging from Gen Z to Baby Boomers for industry companies.
“Prior to the pandemic, the platinum jewelry sector of the industry had grown consistently for the past seven years, increasing more than 60 percent since 2013,” said PGI USA Vice President Kevin Reilly.
“To continue this trajectory, we believe this newly established program will allow for continued growth, taking platinum jewelry sales to never-before-seen levels.”
For more information, to see the full list of requirements, or to apply for the Platinum Business Development Grant, visit PlatinumLearning.com.
Applications are due April 30. PGI USA expects to announce recipient(s) in May.
More on Events & Awards
The Latest
WatchesApr 22, 2021
Check Out All Patek Philippe’s 2021 NewnessThe watchmaker showed what’s new in Nautilus, revamped Calatrava models, and a brand-new perpetual calendar.
Policies & IssuesApr 22, 2021
US Government Sanctions Burmese State-Owned Pearl Co. Myanmar Pearl Enterprise handles oyster fishing and breeding, as well as the culturing, harvesting, and selling of pearls.
MajorsApr 22, 2021
Tiffany Signs K-Pop Star Rosé as New AmbassadorBlackpink member Rosé will be the face of the 2021 Tiffany HardWear campaign.
Brought to you by
A New Golden AgeGold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.
SourcingApr 21, 2021
Why Inclusivity Is Important in Diamond Traceability As the importance of mine-to-market grows, some worry about its feasibility for all the diamond industry’s players.
Weekly QuizApr 16, 2021
This Week's QuizTest your knowledge of jewelry news from the week of April 12-16, 2021.
CollectionsApr 21, 2021
Alrosa’s ‘Luminous’ Collection Leans Into FluorescenceThe diamond miner and seller is marketing the stones for their glow.
Recorded WebinarsApr 21, 2021
Watch: A Conversation With 3 ‘Young Diamantaires’ Khomotso Ramodipa, Sarah Russell and Kevin Vantyghem reflect on the market before and during COVID, and share thoughts on what’s next.
Brought to you by
4 Reasons You Need This Program for Mother’s DayLearn how to increase customer loyalty and revenue by making JM™ Care Plan a cornerstone of your business plan.
GradingApr 21, 2021
A Day in the Life: Zhanna Beissekova, Head Gemologist at IGR LondonBeissekova has been dreaming of gemstones since she was a sandbox excavator.
