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During your entrepreneurial journey, chances are that your small business will run into financial problems or cash flow issues at some point. In fact, cash flow issues and undercapitalization are the most common reasons why start-ups fail. However, we want to stress that you shouldn’t...

On January 12th 11:59PM, the registrations for the Philips Innovation Award 2020 are officially closed. A high number of start-ups have turned their idea into a full-fledged business plan and registered during these last few weeks. Over the coming weeks, all ideas will be reviewed by our Business Panel, consisting of over more than 150 experienced entrepreneurs,...

An increasing amount of young people prefer to work for a start-up instead of a more conventional workplace. The start-up environment can prove to be stimulating, as lower ranked employees are often granted responsibility. How appealing it may be to work in a start-up, it might very well be...

This article originally appeared on our partner Arnold & Siedsma’s website. Many entrepreneurs hold the opinion that it is an added value to indicate that a patent was applied for or was granted for their product. In practice, displaying a patent (application) number on a product...

The registrations have been opened and the 2019 Philips Innovation Award is well underway! A fundamental strategic resolution you – as an entrepreneur – have to make, is defining the precise market in which you think your idea will add the most value. Finding your...

The pitching day took place on the 27th of March 2019. The eight finalists received a pitching training given by our partner Debatrix. Debatrix has been partner of the Philips Innovation Award for several years now. They have helped several TedX participants, professionals, politicians and supervisors in the past. Debatrix focusses...

Our product, the Invi Bracelet, enables people to walk around with the confidence of knowing they can defend themselves without using violence. When activated, the Invi Bracelet releases a foul-smell that can deter aggressors and alarm others. Participating (and winning) the Philips Innovation Award proved to be extremely valuable...

Acaboo transforms traditional study books into interactive eCourses. We blend a number of content sources with titles published by educational publisher into a slightly gamified platform. By doing so we increase student engagement and help them get more value out of their study career. "The...

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