Global Change Award
Named the Nobel Prize of fashion, Global Change Award aims to reduce fashion’s impact on the planet and protect our living conditions by calling for ideas to make the fashion industry circular. It takes on one of the biggest challenges facing today’s fashion industry – to create fashion for a growing population, while improving its impact on the environment.
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 and has so far received over 14,000 entries from 182 countries. The spotlight is on the game changers of tomorrow. It is at this earliest stage where H&M Foundation can provide resources, access and skills and make the biggest difference. Access to capital, know-how and business support is scarce, and many great ideas never get to see the light of day. These ideas are the ones Global Change Award want to find, to give them the support needed to make a difference.
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.
The application window for the fifth round of Global Change Award is open August 28 to October 16, 2019 at globalchangeaward.com. This year there’s an extra eye looking for innovations within the below three themes, all of them addressing the urgency for fashion to operate within the planetary boundaries:
- Consumer-Centric – innovations empowering consumers to be part of the solution and creating a sustainable fashion future, ranging from how to increase a garment’s lifetime to nudging greener actions.
- Digital & Data – innovations using technology and data in creative ways that will make fashion smarter by significantly reducing the environmental impact of fashion.
- Circular Design – innovations spanning over the whole ecosystem of fashion across all touchpoints, from the garment design process and packaging to technical solutions, looping the resources in a never-ending cycle, instead of one-time use.
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.
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.