Nominations for H&M Foundation Global Change Award 2025 are open. Discover how to decarbonize fashion and win €200,000!
Introduction
The fashion industry is at a critical juncture, facing immense pressure to evolve and embrace sustainability. As global awareness of climate change grows, so does the urgency to decarbonize fashion and shift towards more sustainable practices. The H&M Foundation’s Global Change Award 2025 aims to catalyze this transformation by inviting changemakers to present innovative solutions. Known as the “Nobel Prize of Fashion,” this award not only recognizes groundbreaking ideas but also provides vital funding and support to propel them forward.
With nominations open until November 15, 2024, the Global Change Award seeks to empower innovators who can help drive the textile industry toward net-zero emissions. By accelerating innovation that benefits both people and the planet, the H&M Foundation envisions a future that is socially inclusive and environmentally responsible. This blog post will delve into the benefits of the award, eligibility criteria, application process, and more.
Key Details of the Global Change Award
- Launch Year: 2015
- Total Grants Awarded: €8 million
- Innovations Supported: 46
- Award Per Winner: €200,000
- Venue for Awards: Stockholm City Hall (home of the Nobel Prize)
Benefits of Winning the Global Change Award
Winning the Global Change Award comes with numerous advantages that can significantly impact your innovative venture:
- Financial Support: Each winner receives a grant of €200,000 to further develop their idea.
- Recognition: Winners are celebrated at the prestigious Stockholm City Hall, enhancing their visibility in the industry.
- Networking Opportunities: Awardees gain access to a wider network of industry experts and leaders, fostering collaborations and partnerships.
- Changemaker Programme: Winners are enrolled in a yearlong program designed by the H&M Foundation in collaboration with Accenture and KTH Royal Institute of Technology, providing mentorship and resources to refine their innovations.
| Benefit | Description |
|---|---|
| Financial Grant | €200,000 to develop innovative ideas. |
| Award Ceremony | Celebration at Stockholm City Hall. |
| Networking Opportunities | Connect with industry experts and leaders. |
| Changemaker Programme | Yearlong mentorship and resources from leading organizations. |
Eligibility Criteria
The H&M Foundation encourages a diverse range of nominations. Eligible nominators include, but are not limited to:
- Universities: Academic institutions can nominate research-led innovations.
- Research Institutes: Organizations focused on sustainability and technology.
- Governmental Organizations: Bodies that support environmental initiatives.
- Non-Profits: Organizations dedicated to social and environmental causes.
- Brands and Suppliers: Entities within the fashion supply chain aiming for sustainability.
- GCA Alumni: Past winners can nominate new ideas and innovations.
Required Documents
To successfully submit a nomination for the Global Change Award, the following documents may be required:
- Project Proposal: A comprehensive description of the innovation, including objectives and expected impact.
- Supporting Data: Any relevant research, statistics, or previous results that back the proposal.
- Nominator Information: Details of the organization or individual making the nomination, including credentials.
- Contact Information: Up-to-date contact details for follow-up and further discussions.
How to Apply
If you are a changemaker ready to make a difference in the fashion industry, here’s a step-by-step guide to apply:
- Prepare Your Idea: Ensure your innovation aligns with the goals of decarbonizing fashion and promoting sustainability.
- Find a Nominator: Identify an eligible organization (e.g., university, NGO) to nominate you.
- Submit Your Proposal: Work with your nominator to prepare a comprehensive project proposal.
- Complete the Application: Ensure all required documents are included and accurately filled out.
- Await Selection: Once submitted, your application will be reviewed by a panel of experts in technology, business, fashion, and sustainability.
For further information and to submit your idea, visit the Global Change Award website.
Conclusion
The H&M Foundation Global Change Award 2025 is a remarkable opportunity for innovators committed to transforming the fashion industry.
By providing financial support, mentorship, and a platform for recognition, this award fosters groundbreaking ideas that can lead to a more sustainable future.
If you believe you have a vision that can decarbonize fashion, don’t miss the chance to submit your nomination by November 15, 2024.
FAQs
1. What is the Global Change Award?
The Global Change Award is an initiative by the H&M Foundation that supports innovative ideas aimed at decarbonizing the fashion industry.
2. Who can apply for the award?
Eligible nominators include universities, research institutes, governmental organizations, non-profits, brands, suppliers, and past awardees.
3. What do winners receive?
Winners receive €200,000, recognition at Stockholm City Hall, and a place in the yearlong Changemaker Programme.
4. How do I nominate someone?
To nominate a changemaker, reach out to an eligible organization to support your nomination and help you submit your proposal.
5. What is the deadline for nominations?
Nominations are open until November 15, 2024.