Deadline: 8-Dec-22
The H&M Foundation is looking for bright minds that can transform fashion and change the way it is seen, worn, and made.
The aim of the Global Change Award is to find, support and scale disruptive ideas that can protect the planet and turn the fashion and textile industry into a planet positive one.
Regenerative fibres, resources looping in never-ending cycles and reimagined supply chain solutions. The momentum to transform the industry has never been stronger.
Categories
For 2023, the GCA is turning it up a notch. The Foundation is updating its scope to cover more ground, raise the bar on innovation and help shift the industry into a planet positive one. The winning ideas should fall into one of three categories:
- Regenerate – solutions towards planet positive effects.
- Repurpose – solutions towards circularity.
- Reimagine – solutions they have not even thought about yet.
Funding Information
- Five winning teams share a grant of 1 million euros and get access to a one-year-long GCA Impact Accelerator provided by the H&M Foundation, in collaboration with Accenture, KTH Royal Institute of Technology and The Mills Fabrica.
- Neither H&M Foundation nor H&M Group take any equity or intellectual property rights in the innovations as the aim is to benefit the entire industry.
Benefits
- Five winning teams share a grant of 1 million euros and venture into the year-long GCA Impact Accelerator programme which includes invaluable coaching and support from the H&M Foundation and its partners Accenture, KTH Royal Institute of Technology and The Mills Fabrica.
- Accenture – Business & Technology Readiness
- Accenture offers GCA winners support with business and technology readiness, while also providing access to a large network of experts. The global professional services firm has extensive experience in bringing innovations to market at speed, and also helps the foundation winners articulate their multidimensional value, which is particularly valuable for early-stage start-ups.
- KTH – Innovation Readiness
- KTH Royal Institute of Technology (KTH), one of Europe’s leading technical and engineering universities, offers GCA winners science and technology legacy, a framework for innovation development and guidance in key commercialisation areas.
- The Mills Fabrica – Industry Access & Investor Readiness
- The Mills Fabrica bridges the gap between innovators and industry players through their incubator programme, impact fund and innovation spaces. They provide the winners with investment readiness and peer portfolio synergies as well as industry exposure, ecosystem network and collaboration opportunities.
Eligibility Criteria
- Innovation knows no national borders and the foundation believes these early stage ideas can come from anyone, anywhere. Therefore, to reach as many great minds as possible the challenge is open to any individual and groups of up to four people over 18 years of age anywhere in the world. It is also open for institutions, organisations and social businesses, as well as for joint ventures, consortiums and other types of partnerships.
- Please note that your entry must be in English and that all communication including the GCA Impact Accelerator will be in English.
For more information, visit https://hmfoundation.com/gca/
