Fashion Industry Competition and a €1 Million Prize from H&M

H&M invites innovators and entrepreneurs from around the world to participate in the Global Change competition that presents innovative ideas in the fashion industry aligned with the UN Sustainable Development Goals and addresses the five global commons: biodiversity, climate, land, ocean, and water.

• Five winners are selected and will equally share the grant of 1 million euros.
• The Grant is non-transferable and may not be substituted for another prize.
• The Grant awarded to a Winner will be transferred by the Foundation to bank accounts specified by the Winner in two installments, with one half of the Grant transferred in April 2020 and with the remaining half of the Grant transferred in October 2020.
• The Winners will be celebrated in Stockholm in April 2022. Winners will be invited to travel to Stockholm during this time to partake in a ceremony as decided by the Foundation.
• The Foundation shall reimburse reasonable travel and lodging expenses incurred by a maximum of four team members per Winner.

• The Challenge is open to individuals or groups of two to four individuals from any country, eighteen years of age or older on the day of the submission of the Entry.
• The Challenge is open to all institutions and organizations (excluding solely commercial entities like corporations), domiciled in any country, and legally recognized as such in that country, in which all owners and/or leading persons are eighteen years of age or older on the day of the submission of the Entry.
• The Challenge is not open to foundation employees, employees, and consultants of the H&M group or any entities owned in full or in part by the H&M group.
• The Foundation reserves the right to exclude any Participant and any Entry from the Challenge at any time, for any reason, without prior notice, and without compensation.
• Each Participant may only submit one Entry. Participants who submit multiple Entries, use false names or multiple e-mail addresses will be disqualified.
• The Entry must be entirely in English. Entries in other languages as well as damaged, incomplete, illegible, and/or otherwise unintelligible Entries, will not be considered.
• Submitted Entries will in their entirety become the sole property of the Foundation upon submission and will not be returned to Participant after the Challenge.

About H&M Foundation:

The H&M Foundation is an independent non-profit global foundation for the public good, headquartered in Stockholm, Sweden. Privately funded by the Stefan Persson family, founders, and main owners of the H&M Group, it was founded to accelerate the realization of the UN Sustainable Development Goals 2030. The Foundation uses collaboration and innovation to co-create, fund, and share solutions for the world's most urgent challenges.

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