Removing Barriers to Healthy Materials
The Fashion Positive Revolving Fund loans suppliers cash at a below-market interest rate to support Cradle to Cradle certifications. The loan can be used to cover assessment costs for first-time certification or for improvements needed to achieve higher levels of certification.
The Fashion Positive Revolving Fund currently has a balance of €300,000, supported in part by the DOEN Foundation and The Schmidt Family Foundation.
The Revolving Fund committee prioritizes applicants based on the following criteria:
- Impact: Potential for high volumes in global supply chains
- Production capacity: Supplier has global technical support and regional distribution capabilities
- Readiness for the Circular Economy: Material has potential to reach Cradle to Cradle Certified™ Gold level
- Timeline: Pilot, small-scale commercial or commercial readiness alignment with the Call for Innovation