Sign-up for the Philips Innovation Award! During this stage you can develop and transform your idea into a real business plan, which is necessary to participate in the Philips Innovation Award. By clicking “Sign up for the Philips Innovation Award”, you will be redirected to our online platform. Thereafter, you can submit your business plan, which consists of several questions regarding your innovation, team, market and financials. Don’t worry if you have never written a business plan before, our platform provides clear instructions on how to successfully write your business plan.
After you submit your business plan, it will be reviewed by our Business Panel, consisting of experienced entrepreneurs, businesswomen and businessmen. The Business Panel will evaluate your business plan according to several criteria, such as originality, sustainability and degree of innovation, and they will provide you with personal feedback. The thirty start-ups with the highest scores will make it to the Semi-Final which will take place during the next stage: the Refining Stage!
Important to note is that we make sure your idea will remain strictly confidential. All involved have signed a nondisclosure agreement: we guarantee that your idea is safe with us and will not be spread.
Note: the submission deadline is the 14th of January 2021.
The Phillips Innovation award is the largest student-entrepreneur award in The Netherlands. This award is organized for students, by students. We do not believe in “the winner takes it all”-principle. The Philips Innovation Award has become a platform where each participant can profit from. By participating you will get personal feedback, practice important skills, receive coaching and build a network. The Philips innovation awards consists of four stages.
We do not believe in a ‘winner takes it all’ mentality. Instead, we want to make sure that all contestants benefit from participating in the Philips Innovation Award. In order to stimulate entrepreneurship for every individual, we have created a process in which participants are guided by our partners. This guidance consists of feedback on business plans and concrete advice for every specific start-up.