The Global Change Award is Back, with New Scope: H&M Foundation

"We believe focusing on land, water, oceans, climate and biodiversity will lead to a true shift for the fashion industry, transforming this industry into a planet positive one. With all creative innovations out there ready to scale, there is real hope that the fashion industry can become truly sustainable. We are really excited to see what applications we will get as we gear up and launch this new scope", says Erik Bang, Innovation Lead at the H&M Foundation.  "We believe focusing on land,...
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"We believe focusing on land, water, oceans, climate and biodiversity will lead to a true shift for the fashion industry, transforming this industry into a planet positive one. With all creative innovations out there ready to scale, there is real hope that the fashion industry can become truly sustainable. We are really excited to see what applications we will get as we gear up and launch this new scope", says Erik Bang, Innovation Lead at the H&M Foundation. 

A panel of experts will select five winners who get to share a 1 million euro grant and get access to our year-long GCA Impact Accelerator. The latter is designed to enable accelerated scaling of ideas and brings winners invaluable coaching and support along with a fierce network of brilliant minds and memories for life. The application period runs from 25 August 2021 to 20 October 2021 and the winners will be announced in April 2022.

"The fashion industry urgently needs to absorb game-changing planet positive solutions. We want to help speed up this process by supporting early-stage innovations and make them available to the wider market", says Karl-Johan Persson, board member of H&M Foundation and Chairman of H&M Group. 

NOTE TO EDITORS 

For more information or scheduling interviews please contact:  

Malin Björne, Communications Manager, H&M Foundation 
Mobile +46 70 796 39 75 
E-mail: malin.bjorne@hmfoundation.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/h-m-foundation/r/the-global-change-award-is-back--with-new-scope,c3402175

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