The Global Change Award is an innovation challenge by H&M Foundation, in collaboration with Accenture and the KTH Royal Institute of Technology in Stockholm. The Committee is looking for game changing ideas that can make the entire fashion industry circular and help protect the planet and living conditions. The Global Change Award catalyses early innovations that can accelerate the shift from a linear to a circular fashion industry.
Five Global Change Award entries are selected by an expert panel consisting of advisors with extensive knowledge in the fields of fashion, sustainability, circularity and innovation. The global public is then invited to distribute the €1 million grant between these five innovations, through an online vote. The innovation with the most votes receives €300,000. The five winning concepts also receive access to a one-year innovation accelerator provided by the H&M Foundation, Accenture and the KTH Royal Institute of Technology in Stockholm. The winners are revealed at a grand award ceremony in Stockholm, Sweden.
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