Are you an innovator or entrepreneur, interested in creating innovative ideas for Global change?
Then apply to participate in the H&M Foundation Global Change Award 2021 for an opportunity to win a grant of €1 million and a fully funded trip to Stockholm Sweden.
Application Deadline: October 15 2021
Who can apply?
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
Who can not apply?
Global Change Award is not open for solely commercial entities.
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Applicants who send their application to the Global Change Award early, compete for an additional chance to win access to the Innovation Accelerator Program.
Anyone who applies within the first half of the application period will automatically have the chance of winning the Early Bird.
The Early Bird winner will be invited to join the five winners of the Global Change Award in one of the trips that is part of the one-year Innovation Accelerator Program. The trip offers exclusive industry insights, as well as opportunities to network and learn more about circularity and the fashion value chain.
Applying as an Early Bird does not affect your chances of winning the Global Change Award. The winner of the Early Bird winner is not required to travel to the ceremony in Stockholm.
The H&M Foundation is an independent non-profit global foundation headquartered in Stockholm, Sweden. Privately funded by the Stefan Persson family, founders and main owners of the H&M Group, it was founded to fast-track the realisation of the UN Sustainable Development Goals 2030. To improve lives for everyone everywhere, the H&M Foundation uses collaboration and innovation to co-create, fund and share solutions for the world’s most urgent challenges. To help safeguard the welfare of humanity, we’re catalysing the fashion industry to become planet positive and accelerate development for inclusive societies.
The aim of the Global Change Award is to find and support game-changing innovations that can break the linear traditions of fashion and completely change the way garments are designed, produced, shipped, bought, used and recycled.
We are already using resources equivalent to 1.75 planets a year. The world population is expected to increase by 32% to 10 billion people by 2050. However, the global fashion consumption is expected to increase by 202% during the same time. It’s clear a shift is needed to create a planet positive and regenerative fashion industry. We need to wear our clothes for a longer period and reuse our resources more efficiently in a closed loop.
Since 2015, we have been pushing the fashion industry to reinvent itself to become circular. Now, circularity is in most large companies’ strategies. But circularity is not the silver bullet that will erase our footprints on the planet. It is time for us to raise the bar. In August 2021 we will open the Global Change Award for new applications with a new scope to ramp up our impact on the industry and beyond.
August – October 2019
October 2019 – January 2020
Applications are screened and five winners selected.
The winners are revealed.
April 2020 – April 2021
The five winners embark on a one-year long Innovation Accelerator Program.
The evaluation of our winners has been 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;
Program Period: 2015 — 2030
Focus Areas: Accelerating Innovation
Partners: Accenture and KTH Innovation
Opt-out at any time. No strings attached.