Deadline: 15 November 2024
It’s official – The eBay Circular Fashion Fund is going global! They are on the hunt for businesses who push the boundaries of technology and services to drive circular fashion forward.
Businesses will have the chance to secure funding and advance to pitch their business model to eBay’s global leadership team. This is an opportunity to be awarded ‘eBay Circular Fashion Innovator of the Year’ and receive an additional investment.
In partnership with The Council of Fashion Designers of America (CFDA), they are spotlighting businesses that are changing the way people shop and think through customer experience, circular inventory, and social commerce.
Imagine fashion as a cycle, where pieces are continuously rehomed, repurposed, and recycled rather than going to landfill. Circular fashion is about addressing each phase of an item’s life cycle and thinking about the most sustainable way that items can continue being of use.
The eBay Circular Fashion Fund supports innovative businesses that use technology and services to change customer behavior within the fashion industry. They are looking for forward-thinking solutions that develop the way they think about fashion’s circular economy.
Benefits
- A bespoke mentorship programme with industry experts
- Exclusive networking opportunities
Funding Information
- Up to $50,000 in funding to expand your business
- A chance to gain a $300,000 investment
Eligibility Criteria
- In order to be considered for the eBay Circular Fashion Fund, applicants should meet the following criteria:
- The applicant’s business should be based in the United States, registered with a United States Business Number, and can be a charity, social enterprise, or registered company.
- Applicants should be trading for a minimum of 6 months and a maximum of 6 years.
Review Criteria
- Applications will be reviewed against the following areas:
- The ability to leverage emerging technologies to create products or services which advances fashion’s circular economy.
- Have a unique value proposition that has game-changing advantages over other alternatives.
- The business model is commercially viable and economically desirable.
- The business not only addresses a need but also solves a problem.
- Has an immediate and longer-term impact on people and the planet.
- Quality and completeness of application form.
For more information, visit Ebay.
