Henry Holland is "delighted" to have been awarded sponsorship through the British Fashion Council's Fashion Forward scheme.

The 28-year-old designer - who was joined by fellow womenswear creators Louise Gray and Mary Katrantzou and menswear designer James Long in receiving the prestigious accolade - will receive a cash prize to assist him in showcasing collections for the next two consecutive seasons at London Fashion Week.

He said: "I'm delighted to be receiving Fashion Forward sponsorship. It is a huge accolade for the brand and I am excited about what the future holds."

Meanwhile, Caroline Rush, chief executive officer at the BFC, praised Henry and his fellow winners as an "exceptionally talented group of designers".

She said: "The recipients for this year's Fashion Forward sponsorship are an exceptionally talented group of designers.

"2012 is set to be a momentous year, not only for fashion industry, but the UK and I am looking forward to seeing Henry, Louise, James and Mary, taking strides forward in their business development.

"Menswear in London will be put in the spotlight this year making now the perfect time to introduce a menswear prize to Fashion Forward."

Established six years ago to provide funding to emerging British design talent, the BFC's Fashion Forward sponsorship has previously been awarded to the likes of Christopher Kane, Giles Deacon, Jonathan Saunders and Erdem.