H&M Foundation doubles GCA grant and winners to speed up textile industry transformation
Recyclable and biodegradable polyurethane, food waste polyester, circular dyeing, natural bio-colours, ultra high-performing textiles, seaweed material, AI textile sorting, corn husk and sugarcane fabric, zero waste pattern system, textile-to-textile recycling for polyesters – these are the ten Global Change Award winners 2023, sharing a €2 million grant from the non-profit H&M Foundation.
The Global Change Award is an early-stage innovation challenge seeking bright minds that can transform fashion. Every year, H&M Foundation selects and supports the five most impactful innovations with the ultimate aspiration of a planet positive fashion future. This year, H&M Foundation doubles both grant and winners to speed up the transformation.
"We have an urgent opportunity to support innovations that could transform the entire fashion industry – that’s why we're doubling the grant and the number of winners. We're giving these innovators a total of 2 million euros and access to our accelerator program – but we're also giving the industry an opportunity to connect with these brilliant innovators. I’m excited to see the impact these innovators will make on the industry." – Karl-Johan Persson, H&M Foundation board member and chairman of H&M Group.
The Global Change Award 2023 winners are:
Material
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Algreen (UK) – Biobased foams, adhesives and coatings crafted from natural sources
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ALT TEX (Canada) – From waste to wardrobe: transforming food waste into biodegradable polyester
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KBCols Sciences (India) – Bio-fermenting textile dyes with the magic of microorganisms
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Nanoloom (UK) – Powerful high performance-fibre fuelled by graphene
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PhycoLabs (Brazil) – Oceans of opportunity: making seaweed fibres that spur social innovation
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Rethread Africa (Kenya) – Regenerating agricultural waste into bio-based synthetics
Recycling
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DyeRecycle (UK) – Renewed colours: extracting and transferring dyes from old to new fabrics
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Refiberd (US) – Adding lightspeed and laser precision to textile sorting with ai and spectroscopy
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Tereform (US) – Enabling circular solutions for hard-to-recycle waste textiles
Design
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SXD (US) – AI-powered platform turning design concepts into zero-waste patterns
H&M Foundation launched the GCA to provide the tools, connections, and resources necessary for early-stage innovations to move from idea to scale as quickly as possible. The winners receive €200,000 each and embark on the yearlong GCA Impact Accelerator. H&M Foundation together with GCA’s core partners Accenture, KTH Royal Institute of Technology and The Mills Fabrica offer tailored coaching and support to accelerate their journey from idea to scale.
"There’s a wide range of solutions among this year's winners. If scaled, I believe they could have a real impact on the industry – which needs a holistic transformation if we are to reach a planet positive fashion future. We look forward to working with the winners during the accelerator and help enable their innovations to accelerate and scale." – Christiane Dolva, Strategy Lead H&M Foundation.
Neither the H&M Foundation nor the H&M Group take any shareholder equity or intellectual property rights in the innovations and the winners can collaborate with whomever they want.
For more information or scheduling interviews please contact:
Jasmina Sofić,
Media Relations Responsible, H&M Foundation
Mobile +46 73 465 59 59
E-mail: jasmina.sofic@hmfoundation.com
H&M Foundation is privately funded by the Stefan Persson family, founders and main owners of the H&M Group. We use philanthropic resources to find, fund and facilitate disruptive innovations, initiatives and research that enable a socially inclusive and planet positive textile industry. To accelerate the transformation, we take on a holistic and open approach – bringing diverse partners together to co-create, and to share learnings and solutions. The H&M Foundation can also provide emergency relief. For more information visit hmfoundation.com.
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