Ten American designers just got a lot happier. The CFDA and Vogue announced their ten finalists for the seventh annual CFDA/Vogue Fashion Fund initiative, and we’re pretty pleased with the results (as we’re sure they are as well).

Though the process is far from being over–the winner and two runners-up will be announced on November 15–having the list in our hands is enough to make us sit on the edge of our seats. The finalists are as follows:

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

The next step is a series of studio visits and interviews that we’d love to be a fly on the wall for. One-of-a-kind looks by each designer will then be unveiled in October (we know that Pamela Love would be happy to draw inspiration from the month alone), and then the decision will be made as to who receives the $200,000 and two $50,000 prizes to further their business. Now we know how you felt, World Cup fans. This is our favorite spectator sport.