Global collaboration to transform the fashion industry
KTH is a partner in the Global Change Award, an international innovation challenge aiming to make the fashion industry more sustainable.
KTH and Accenture are partners in the international innovation challenge Global Change Award, which was launched in 2015 by the non-profit H&M Foundation. Five innovative and ground-breaking ideas that can contribute to a more sustainable fashion industry share a 1 million euro grant and each earn a place in the tailor-made GCA Impact Accelerator, where they receive support to realize their ideas.
Towards a sustainable fashion industry
The annual challenge looks for ground breaking ideas and acts as a catalyst for driving development for a more circular fashion industry. Anyone with an idea, from anywhere in the world and regardless of previous knowledge can join in the challenge. An expert panel selects five winners, who each receive a share of the 1 million Euro grant and a place in the one-year GCA Impact Accelerator. Each year, the winners are presented at a grand award ceremony in the Stockholm City Hall.
Global Change Award is one to the largest initiatives of its kind. Since the start in 2015, more than 20,000 entries from all over the world have been submitted.
Accelerator for innovation
In addition to their share in the 1 million euro grant, the winners get access to GCA Impact Accelerator, a one-year accelerator program developed by H&M Foundation, Accenture and KTH Innovation. The program starts with a one-week boot camp in Stockholm, hosted by KTH Innovation on KTH Campus. Using the KTH Innovation Readiness LevelTM model, developed by KTH Innovation, the teams evaluate their current status, and identify where to put focus in the coming months.