watch this: the fashion fund season two has begun!

Competing for the Vogue/CFDA Fashion Fund has become a rite of passage for emerging American designers. Proenza Schouler, Rodarte, Derek Lam - some of the biggest names in American fashion have been finalists for the prize. Last year we got to watch the finalists - including winner Altuzarra and runners up Creatures of the Wind and Pamela Love - go through the process on "The Fashion Fund," a web series that went behind-the-scenes to show what it takes to win. The second season debuted on Vogue.com today - check out the video to meet your 2012 Vogue/CFDA Fashion Fund finalists, and check back every Tuesday for the latest episode!

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