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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Events

Timeline

April 8th 2020

Remote Semi-Final

The Philips Innovation Award will host a fully remote Semi-Final in response to the recent outbreak of the coronavirus (SARS-CoV-2).

April 20th 2020

Announcement Finalists 2020

On April 20, 2020, the 8 finalists who will receive a ticket for the Grand-Final will be announced via our social media platforms and website.

May 18th 2020

Grand Final

The Grand Final of the Philips Innovation Award will be re-imagined as a virtual event. The show will be live streamed on Philips Innovation Awards’ website, www.phia.nl, at 19:30 on the 18th of May 2020 and a 10-minute compilation will be broadcasted on RTL Z on the following dates: 25th of May (9:15), 26th of May (17:45), 28th of May (16:15).

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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.