Application Deadline: October 17, 2018, 23:00 GMT.
‘Do you see opportunities where others see problems? Do you want to join us to reimagine the future of fashion, to protect the planetary boundaries and our living conditions? Do you have an innovation which is still in its early stage, but with the right funding and coaching, could be scalable and make a real impact? Apply to the Global Change Award.
The Global Change Award is one of the world’s leading challenges for early stage innovation, and the largest initiative of its kind in the fashion industry. It was initiated to accelerate the shift from a linear to a circular fashion industry, to protect the planet and our living conditions.
The non-profit H&M Foundation initiated the Global Change Award in 2015, as part of the Foundation’s focus area Planet. The aim is to speed up the process of finding, supporting and scaling up disruptive innovations that can make the entire fashion industry circular.
The annual Global Change Award takes on one of the biggest challenges facing today’s fashion industry – to create fashion for a growing population while protecting the planet. We are looking for early stage ideas that present new circular approaches aimed to reinvent the fashion industry.
This means changing the way garments are designed and produced, shipped, bought, used and recycled, by adding disruptive technology or new business models.
THE GRANT Five winners are selected and will share the grant of 1 million euro • First place winner € 300000, • Second place winner €250000, • Third place winner €150000, • Third place winner €150000, • Third place winner €150000 Award ceremony A trip to Stockholm to attend the Grand Award Ceremony in April. €1 million grant A share of the €1 million grant. Innovation Accelerator Tailor-made support including trips to Stockholm, New York and Hong Kong.
The innovation accelerator
The Grand Award Ceremony marks the beginning of the Innovation Accelerator Program. The aim of the program is to take the innovations to the next level, bring them to scale and out on the market as quickly as possible, to maximise their impact on the industry.
- Innovation knows no national borders and we believe these early stage ideas can rest in anyone’s head anywhere on the planet, so in an effort to reach as many great minds as possible the challenge is open to any individual and groups of up to 5 people over 18 years of age anywhere in the world. It is also open for institutions, organizations and social business.
Please note that your entry has to be in English and that all communication including the Innovation Accelerator Program will be in English.
The evaluation will be based on the following criteria:
- the Entry’s potential to make fashion circular and thereby protect the planet and lead to improved living conditions for people;
- impact and scalability
- is it economically sustainable
- is it novel
- how well suited is the team to make it happen would winning the grant make a difference.
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