The CFDA/Vogue Fashion Fund prize is a big one but just to make it a bit more interesting this year, they've decided to treat the finalists to a bonus trip to Paris.

According to The Cut, Tommy Hilfiger is sponsoring the program, which enables these designers to show their collections in Paris to ensure that their collections are seen by those press and buyers who couldn't make it to New York Fashion Week. The lucky ten designers are Prabal Gurung, Sophie Theallet, Simon Spurr, Billy Reid, Eddie Borgo, Monique Péan, Ohne Titel, George Esquivel, Gregory Parkinson, and Pamela Love.

The show will take place on October 1.

Flora Gill and Alexa Adams of Ohne Titel; Waris Ahluwali of House of Waris

It's a pretty huge pat on the back for designers to receive the CFDA/Vogue Fashion Fund. Past winners of the cash award and mentorship include Proenza Schouler, Doo-Ri Chung and Alexander Wang - without argument, some of fashion's (freshest) big names. And the Fashion Fund has just been tipping us off to great designers for six years.

This year's 10 finalists have been announced, so now you'll know who to keep on your style radar. Try Flora Gill and Alexa Adams of Ohne Titel; Waris Ahluwalia of House of Waris; Monique Pean; Natalie Chanin of Alabama Chanin; Patrik Ervell; Wayne Lee of Wayne; Sophie Theallet; Gary Graham; George Esquivel of Esquivel Shoes; and Simon Spurr of Spurr.

A big congrats to all of them, and we'll keep our fingers crossed for Nov. 16, when the winner is announced.