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 About the Organizer :

The H&M Foundation is a non-profit global foundation, privately funded by the Stefan Persson family, founders and main owners of H&M. Its mission is to drive long-lasting positive change and improve living conditions by investing in people, communities and innovative ideas.

Through partnerships with prominent organizations around the globe, the H&M Foundation drives change within four focus areas:

  • EDUCATION: They advocate for quality education for all children
  • CLEAN WATER: They support worldwide access to clean water and sanitation
  • STRENGTHENING WOMEN: They promote equal opportunities for women and girls globally
  • PROTECTING THE PLANET: They ensure living conditions by protecting the planet

The Global Change Award is an innovation challenge by H&M Foundation. We are looking for game changing ideas that can make fashion circular – and help protect our planet.

 Problem Statement:

The Global Change Award are looking for early stage ideas that present new circular approaches that reinvent the fashion industry. This means changing the way garments are designed and produced, shipped, bought, used and recycled today by adding disruptive technology or new business models.

It is at this earliest stage where the Foundation can provide the much-needed resources, access and skills and thereby make the biggest difference. We are certain there are a vast number of great ideas out there but access to capital, know-how and support are scarce and many great ideas never get to see the light of day. The Foundation wants to find these ideas and give them the support needed to make a difference.

The competition has three categories open for applications:

1) Circular Business Models:

In this category, they are looking for ideas that use innovative business models to seize new opportunities in the fashion industry. It could, for example: be ideas on how to reuse, repair, share, or extend the life of products. It could also be ideas for models that unleash the potential in the production chain.

2) Circular Materials:

In this category, we are looking for ideas that use technologies to reinvent the materials that are being used in the fashion industry today. This might include new fibres, recycling technologies or engineered materials.

3) Circular Process:

In this category, they are looking for ideas using technologies and systems that redesign current processes in the fashion industry. This could, for example, be methods targeting chemicals, water and dyeing, 3D printing or demand-driven manufacturing.

To boost their ideas, they also get access to a tailor-made one-year Innovation Accelerator, supported by Accenture and KTH Royal Institute of Technology in Stockholm, Sweden. The global public will be invited to distribute the grant through an online vote. The result will be revealed at a grand award ceremony in Stockholm, 5 April 2017.

NOTE: When applying you will choose one of the categories. They will pick the five best winners from all the entries received regardless of category, i.e. there is no quota set between the categories

 Rewards:

By applying to the Global Change Award you’re competing for:

  • A € 1.000.000 grant, shared by five winners. Which will be distributed by the public though an online vote
  • A trip to Stockholm to attend the grand award ceremony on 5 April 2017
  • Access to a one-year Innovation Accelerator provided by H&M Foundation, Accenture and KTH Royal Institute of Technology in Stockholm

NOTE: Apply by 30 September 2016 for an extra chance to win a one-week study trip to Shanghai in 2017

 Timeline:
September 15, 2016 - October 31, 2016

 Rules and Guidelines:

Key Dates:

  • Last Date of Registration: 31 October 2016
  • Expert panel screening and selection: 1 November 2016 - 27 March 2017
  • Public online vote: 27 March 2017 - 02 April 2017
  • Grand Award Ceremony, Stockholm, Sweden: 05 April 2017
  • One Year Innovation Accelerator: 06 April 2017 - 06 April 2018

Participation Guidelines:

  • Team size: The competition is open to individuals or groups of two (2) to five (5) individuals from any country, eighteen years of age or older on the day of the submission of the Entry, and all institutions and organizations (excluding solely commercial entities like corporations), domiciled in any country, and legally recognized as such in that country, in which all owners and/or leading persons are eighteen years of age or older on the day of the submission of the Entry.
  • The Competition is not open to:
    • Foundation employees and consultants
    • employees and consultants of H&M or any entities owned in full or in part by H&M
    • employees of KTH Innovation, Accenture or such other project partners as announced by the Foundation
    • members of the Jury
    • immediate family members and/or household members of the individuals mentioned in this clause, or
    • solely commercial entities.
  • Only one entry per person is allowed

Read a detailed list of FAQs here: www.globalchangeaward.com/faq

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Contact us at:-  
upneet.grover@getmyuni.com