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STOCKHOLM – The H&M Foundation is inviting innovators and entrepreneurs to apply for a share of €1 million (US$1m) in prize money in its annual Global Change Award (GCA).

Launched in 2015, the Global Change Award is the world’s largest innovation challenge to transform the fashion and textile industry, according to the non-profit.

Five winners share a €1 million grant provided by the H&M Foundation and gain access to a year-long Impact Accelerator programme, designed to help scale their solutions.

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