The Global Change Award is an innovation challenge, initiated by non-profit H&M Foundation in 2015. By catalyzing early innovations that can accelerate the shift from a linear to a circular fashion industry, the aim is to protect the planet and our living conditions.
An expert panel annually selects five winners that share a grant of €1 million and get access to a one-year innovation accelerator provided by the H&M Foundation, Accenture and the KTH Royal Institute of Technology in Stockholm.
The global public is invited to distribute the €1 million grant between the five innovations through an online vote. The result of the vote is revealed at a grand award ceremony in Stockholm, April 2017. This is one of the world’s biggest challenges for early stage innovation and the first such initiative in the fashion industry.
The H&M Foundation is privately funded by the Stefan Persson family, founders and the main owners of H&M. Since 2013, the family has donated SEK 1.1 billion (USD 154 million, EUR 123 million) to the Foundation.
The Global Change Award 2016 is open for applications September 1 – October 31.
Read more and apply at globalchangeaward.com
Follow the Global Change Award in social media on Facebook, Twitter, Instagram and YouTube.