Categories in the awards include disruptor of the year, creative industries entrepreneur of the year and fashion and beauty entrepreneur of the year.
Kent Le, programme director of MA International Fashion Business and co-programme director on the BA Fashion Marketing said: "The fact that our teaching staff are influential business leaders in industry is testament to our commitment to building career-relevant degrees which will give students an edge in applying for the jobs they desire.
"I am so thrilled about this news and encourage any students at UEL who currently run businesses to apply for these awards."
Ms Lowe was awarded an MBE for services to the fashion industry in the Queen's Birthday Honours List 2017 and she has built a reputation as one of the leading supporters of emerging fashion and start-up creative talent.
She joined University of East London in September 2020 as a senior lecturer in fashion marketing and is currently working on developing a new MBA in fashion entrepreneurship.
The application deadline for the awards is 11 June so anyone, including student and staff entrepreneurs at the University of East London can apply.
The fashion marketing subject area includes a wide range of undergraduate and postgraduate programmes. To find out more, go to our course pages.