Stitch for RMG- Global Innovation Conference

and presents

stitch for rmg

Global Innovation Challenge

Tailoring the innovations of tomorrow

Starts on 1 October 2021

Online

ABOUT STITCH FOR RMG

STITCH (Safeguarding Through Innovation and Technology) for RMG is a project aimed at safeguarding the livelihood of one of the most vulnerable groups of Bangladesh – female garments workers. The project aims to answer two key questions facing the RMG industry of Bangladesh: how can we leverage technology to enhance factory competitiveness, and how can we safeguard the jobs of female garments workers?

ABOUT STITCH FOR RMG

The project will launch a global innovation challenge inviting innovators from around the world to propose possible solutions to the two questions. The best ideas will receive funding and incubation support.

Prior to the challenge, the innovation areas will be determined through workshops, needs assessment studies, and the “STITCH for RMG: Global Innovation Conference”. The conference will bring together buyers, suppliers, innovators and other key stakeholders to ensure proper reach and impact.

ABOUT STITCH FOR RMG

The garments industry of Bangladesh is losing competitiveness due to a lack of innovation. In the first half of 2020, Vietnam surpassed Bangladesh as the second largest exporter of RMG and textiles. This is especially concerning as RMG accounts for 83 percent of total exports in Bangladesh. Without automation, this industry will face drastic consequences.

At the same time, it is projected that 60% of RMG workers will lose jobs to automation by 2041. The situation is more dire for women as they are more likely to be victims of job cuts due to discrimination. Without a proper intervention, Bangladesh stands to lose years of progress in the economic empowerment of women.

ABOUT STITCH FOR RMG

Through this project, BRAC and H&M Foundation will identify and mainstream innovations that have a focus on improving the lives of female garment workers. The range of innovations will be related to automation/ process innovation/ technology,which has the potential to increase competitiveness of the Bangladeshi RMGindustry. This will enable us to understand future skilling needs, and potentially involve women garment workers with the goal towards safeguarding their future livelihoods.

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THE GLOBAL INNOVATION CHALLENGE

The purpose of the challenge is to crowdsource and select grounded business innovations from innovators and entrepreneurs within the ecosystem by arranging a structured innovation challenge. It will provide a platform for a wide range of innovators where they can bring in new ideas and communicate and pitch those ideas to the suppliers and test and prototype it together.

BRAC believes that one of the most viable pathways to mainstreaming innovations within industries and communities is developing proof-of-concepts of some business innovations through running an innovation challenge. The challenge invites innovators from around the world to submit their ideas to safeguard the jobs of women in the RMG industry of Bangladesh and increase the competitiveness of factories.  Entrepreneurs can submit ideas matching one of five thematic areas – Automation and Efficiency; Sustainability and Circular Fashion; Product Design, Diversification, and Raw Material; Skill Development and Women’s Career; and, Enabling Environment. A fund worth $180,000 will be distributed among six winners for pilot implementation. In addition to the grant money, the winning ideas will also receive incubation support.

03

Rounds

$180k

Total Grant

06

Winners

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