Global Change Award
To shift from a linear fashion industry to a circular one, we must find game-changing innovations that can radically change how we buy, ship, produce, use, dye and design products. To speed up this process, the H&M Foundation initiated the Global Change Award in 2015, to push the fashion industry forward to protect the planet and our living conditions.
The Global Change Award has become one of the world’s biggest challenges for early stage innovations, and the first such initiative in the fashion industry. Each year we call for ideas that could potentially reinvent the whole fashion industry. It’s been called the Nobel Prize of fashion and has so far received over 14,000 entries from 182 countries.
The winning innovations from 2019 include 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.
Besides sharing a grant of 1 million euro, the winners embark on a one-year 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 maximize their impact on the industry.
The program takes the teams to Stockholm, New York and Hong Kong. This tailor-made program is provided by the H&M Foundation in partnership with Accenture, one of the world’s foremost strategy and consulting companies, and the KTH Royal Institute of Technology in Stockholm, one of Europe’s leading technical and engineering universities.
Throughout the year, the winners get continuous support and individual team coaching through the H&M Foundation, Accenture and KTH.
Support the winners
Among the thousands of entries to this year’s Global Change Award, 45 percent rank “funding” as their biggest obstacle. Clearly, crowdfunding holds great untapped potential as a funding option as well as an opportunity for the whole innovation ecosystem to contribute and make a difference. H&M Foundation has therefore launched an initiative with Indiegogo that puts consumers in the front seat, enabling them to take active part as supporters, backers and testers of the five innovations. Now you can help protect the planet by supporting these creative minds & their industry-disrupting innovations. Together, we can catalyze a culture & community for circular fashion.
Neither the H&M Foundation nor H&M group will take any equity or intellectual property rights in the innovations.
Learn more at globalchangeaward.com.