Moda
H&M Foundation awards 5 innovations a total €1 million grant for their efforts to make the fashion industry planet positive
"The winners of the Global Change Award hold the key to the complex challenges we are facing and prove that it's possible to reinvent fashion. Their game-changing innovations are really inspiring and can help transform the fashion industry into a planet positive one" says Karl-Johan Persson , board member of H&M Foundation and Chairman of H&M Group.
The response from applicants was overwhelming and made it clear that there is no shortage of disruptive innovations out there. The momentum to transform the fashion industry into a planet positive one, to protect our planet and improve people's living conditions has never been stronger. This year's winners are:
In addition to the financial grant, all five winners also get access to the one-year GCA Impact Accelerator programme provided by H&M Foundation in partnership with Accenture, KTH Royal Institute of Technology and The Mills, offering the winners invaluable coaching and support, along with a strong network and memories for life. The GCA Impact Accelerator aims to help the winning ideas scale at speed through business, technology, investor and innovation readiness, and industry access. It also offers winners a mix of inspiring digital sessions and meetups at key locations.
Jasmina Sofić,
Media Relations Responsible, H&M Foundation
Mobile +46 73 465 59 59
E-mail: jasmina.sofic@hmfoundation.com
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