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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, 2020. 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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Events

Timeline

September 17th 2020

Opening Philips Innovation Award

Official launch of the edition of 2020.

December 2nd 2020

Deadline One-Pagers

The end of the first stage, the Idea Stage. Your idea must be submitted in the format of an executive summary.

December 25th 2020

Announcement encouragement prize

The 10 best ideas of the Idea Stage win €100 as encouragement to continue the journey and write a Business Plan for the Developing Stage.

January 13th 2021

Deadline Business Plans

The final version of the Business Plans must be handed in to officially start the journey.

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Idea Stage

September 2020 – December 2020

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 2021 – February 2021

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 2021 – April 2021

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 2021

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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