Back in May this year, we wrote to you directly from Bangalore, India where we not only convened some of our Ashoka Fellows and strategic partners for a ‘Globalizer’ Summit, but we also launched the first of its kind ‘Scaling Impact Fund’ - a €250,000 award dedicated to providing investment to Fellows working to scale their impact for transformative change in the apparel industry
26th May 2017, BANGALORE, India. - Ashoka and C&A Foundation have launched a new €250,000 ‘Scaling Impact Fund’ as part of their joint Fabric of Change initiative supporting social innovation in the apparel industry.
Between 26-28 May 2017, Ashoka, C&A Foundation and partner A.T. Kearney will convene hand-picked social entrepreneurs with industry leaders to co-create and accelerate systems-wide impact across the apparel industry.
The hands that make our clothes overwhelmingly belong to women. More and more companies and social entrepreneurs understand that lifting up and empowering these women is necessary to building a more equitable industry.
The fashion industry is responsible for serious environmental and social problems at a global scale, being the second most contaminating sector in the world, following the oil industry.
Collaboration in fashion goes well beyond Kate Moss teaming up with Topshop. Forward-thinking brands co-create by working together with competitors and social entrepreneurs to design radical new projects and processes that lead to win-win-win situations.
An estimated 75 million people are now employed by the apparel industry. It’s a number that has almost quadrupled in the last 15 years. With this exponential growth, the not-so-hidden costs of fashion too have increased.
February 7th 2017 Washington DC: Ashoka and C&A Foundation have identified the first cohort of five social entrepreneurs for the Fabric of Change Fellowship to nurture solutions to fashion industry challenges.