Global Change AwardPage 5

Global Change Award is the world’s largest innovation challenge to transform the fashion industry.

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€1 million grant to five sustainable fashion innovations

Lab made vegan leather, fibers made of nettles, a digital system to make products recyclable from scratch, children’s clothes that expand and a biodegradable toxic-free membrane for outdoor wear are this year’s Global Change Award winners, sharing a €1 million grant from the H&M Foundation. Today H&M Foundation also announces an initiative with crowdfunding platform Indiegogo, that puts consumers in the front seat, enabling them to take active part as supporters, backers, and testers of the five innovations.
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H&M Foundation puts €1 million and coaching program on the table for ideas reinventing the entire fashion industry

Today, the non-profit H&M Foundation opens the fourth round of its annual innovation challenge Global Change Award at globalchangeaward.com. With over 8,000 entries from 151 countries since 2015, it’s the go-to competition for circular innovation and has been named the Nobel Prize of fashion. It provides powerful funding and yearlong coaching to innovators who come up with solutions to spark the shift towards a circular fashion industry, protecting the planet and our living conditions. This year there’s an extra eye on ideas within digitalization. The applications period is open until 17 October.