On Monday, 10 fashion designers faced off for the 2017 CFDA/Vogue Fashion Fund. The prize comes with world recognition, $400,000 and mentoring from an industry figure of the winner’s choosing.

Telfar Clemens took home the coveted prize and posted his big moment on Instagram Monday evening, Vogue reports.

🖤

A post shared by @telfarglobal on

Clemens is the founder of Teflar, a unisex fashion line that has been around since 2005. He describes the line as “horizontal, democratic” and “universal.”

The CFDA/Vogue Fashion Fund was founded in 2003. It was born in an effect to cultivate the next generation of emerging design talent. Usually, winners of the fund go on to experience tremendous success with their labels.