Philips Innovation Award

Innovator Award

 

The Innovator Award is our big league prize worth €50.000 and gives every start-up a kick-start towards success. It consists of cash, assistance in registering patents, creative services, consulting advice and more! This prize will boost your start-up to the next level.

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Rough Diamond Award

 

The Rough Diamond League is a separate league for teams who started working out their idea after october 1st, 2019. The objective of the Philips Innovation Award is making it able for students to develop their idea into a successful start-up. The Philips Innovation Award stimulates entrepreneurship and innovation among students.

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Idea Stage

September 2019 – December 2019

The deadline for the first stage, the Idea stage is the 1st of December 2019. During this stage you will submit your idea in the format of an executive summary.

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Developing Stage

January 2020 – February 2020

During the developing stage, you will transform your executive summary into a real business plan. Of these business plans, 30 will join the semi-finale. The deadline of the Business Plans is the 12th of January and the semi-finalist will be announced on the 14th of February.

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Refining Stage

February 2020 – April 2020

During the refining stage, 16 Innovators and 14 Rough Diamonds will refine their idea with a prototype day and participate in the semi-finale on the 8th of April.

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Final Stage

May 2020

During the final stage, the Philips Innovation Award will reach its climax. Five innovators and three Rough Diamonds will battle for a price worth €50.000 and €10.000, respectively. The final will take place at Theater Rotterdam at the 18th of May.

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