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.
Rough Diamond Award
The Rough Diamond League is a separate league for teams who started working out their idea after October 1st, 2021. 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 2021 – December 2021
The deadline for the first stage, the Idea Stage is the 22nd of November 2021. During this stage you will submit your idea in the format of an executive summary.
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Developing Stage
January 2021 – February 2022
During the Developing Stage, you will transform your executive summary into a real business plan. Of these business plans, 30 will join the semi-final. The deadline of the business plans is the 17th of January and the semi-finalist will be announced on the 14th of February.
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Refining Stage
February 2022 – April 2022
During the Refining Stage, 16 Innovators and 14 Rough Diamonds will refine their idea with a prototype day and participate in the semi-final on the 1st of April.
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Final Stage
May 2022
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 May 30th, 2022.
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Feel free to contact us if you have any questions