The H&M Foundation is calling for innovators for the Global Change Award 2026. Specifically, this challenge seeks early-stage innovations that can transform the fashion industry into a planet-positive one. Consequently, it is often referred to as the “Nobel Prize of Fashion.”
Program Overview
This is an innovation challenge for sustainability. Therefore, it looks for ideas that address climate, biodiversity, and oceans. By joining, winners share a €2 million grant and enter a one-year accelerator.
Key Benefits
Winners receive funding without equity loss. Specifically, the benefits include:
- Grant: Share of a €2 million grant (approx. €200,000 per winner).
- Accelerator: A one-year custom Innovation Accelerator Program.
- Visibility: Massive global PR exposure.
- Industry Access: Connection to fashion brands and supply chain partners.
Eligibility Criteria
To qualify, an applicant can be an individual or a team. Crucially, the idea must be in the early stages and not yet commercially proven at scale.
- Focus: Regenerative fibers, circular business models, or sustainable materials.
- Location: Open to applicants worldwide.
- Type: Non-profit, for-profit, or academic projects.
Application Process
- Deadline: October 20, 2026 (Applications typically open late August).
- Submission: Apply via the Global Change Award website.
- Requirements: Description of the impact, scalability, and team.






