One of the British fashion’s most awaited event, BFC/Vogue Designer Fashion Fund is back with a bounty of 200,000 pounds – as British Fashion Council announced the list of shortlisted designers for its 2012 edition.

This year’s shortlisted designers will showcase the best developing Womenswear and Accessories labels in British fashion today, with potential to develop into global fashion brands, to the likes of Jonathan Saunders, Marios Schwab,Mary Katrantzou, Meadham Kirchhoff, Nicholas Kirkwood, Peter Pilotto, Richard Nicoll, Roksanda Ilincic and Zoe Jordan – all set to present their best of the collections to a panel of judges, chaired by Alexandra Shulman, Editor of British Vogue.

The event, now in its third year will provide one British based designer with a bespoke, high-level mentoring support programme over a twelve-month period, as well as £200,000. All eight runners-up will also be allocated a mentor through the Fund.