Gossip Girl’s Blake Lively and Leighton Meester attended the 2010 CFDA/Vogue Fashion Fund Awards dinner last night and both looked fabulous.  Blake wore a black peek-a-boo Chanel dress with gorgeous embroidery and embellishment.  She made all the right moves in that daring mini number that accentuated her figure.  Bordello red Christian Louboutin’s and straight hair finished off her red carpet look.  Leighton Meester wore a black-and-white Prabal Gurung dress to support the designer who was a runner-up for the evening.  Her dress was adorned with sparkling crystals in the bodice and shoulder straps.  Leighton selected a pair of black peep-toe Roger Vivier ankle boots to go with her avant garde dress.  Blake’s look was sexy and daring while Leighton went for picture perfect pretty; both  ladies were equally lovely. Designer Billy Reid won first place at the awards dinner and the $300,000 cash prize.  Jewelry designer Eddie Borgo was a runner-up alongside Prabal Gurung.

Related: Billy Reid, Prabal Gurung and Eddie Borgo are the CFDA/Vogue Fashion Fund Award Winners

Fashion designer Billy Reid won the 2010 CFDA/Vogue Fashion Award last night in New York City.  Reid is the recipient of a #$300,000 cash prize, as well as a trophy in the form of a bronze swan.  He was not the only big winner of the evening.  Designers Prabal Gurung and Eddie Borgo were the runners-up and with that came a $100,000 prize and a bronze egg for each.  The three winners will also receive mentoring from some of the fashion industry’s most powerful players like Anna Wintour, from Vogue magazine, and Diane von Furstenberg from the CDFA.  They were selected from a list of 10 other talented and emerging designers.  See the list below.

CFDA/Vogue Fashion Fund Finalists:

ALTUZARRA – Joseph Altuzarra

BILLY REID – Billy Reid

CHRISTIAN COTA – Christian Cota

EDDIE BORGO – Eddie Borgo

GREGORY PARKINSON – Gregory Parkinson

LODEN DAGER – Oliver Helden and Paul Marlow

MOSS LIPOW – Moss Lipow

PAMELA LOVE JEWELRY – Pamela Love

PRABAL GURUNG – Prabal Gurung

ROBERT GELLER – Robert Geller

Related: CFDA/Vogue Fashion Fund Finalists

The names of the finalists for the CFDA/Vogue Fashion Fund have been announced.  These designers are in contention for a $200,000 cash prize for the winner, and two $50,000 awards to the two runner-ups.  In addition to the monetary awards, mentoring from a veteran within the industry is also at stake.  We will have to wait until November 15th to find out who the winners will be, but feel free to check out the list and choose your favorite. 

CFDA/Vogue Fashion Fund Finalists:

ALTUZARRA – Joseph Altuzarra

BILLY REID – Billy Reid

CHRISTIAN COTA – Christian Cota

EDDIE BORGO – Eddie Borgo

GREGORY PARKINSON – Gregory Parkinson

LODEN DAGER – Oliver Helden and Paul Marlow

MOSS LIPOW – Moss Lipow

PAMELA LOVE JEWELRY – Pamela Love

PRABAL GURUNG – Prabal Gurung

ROBERT GELLER – Robert Geller