Philips Innovation Award

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Have you always dreamed of having your own start-up or do you simply have an amazing idea? Then, sign up for the Philips Innovation Award and develop your idea into a successful start-up.

Only a few people in this world have the guts to transform their idea into a successful start-up. These innovators make a difference in today’s world. Are you 28 years or younger? Are you a student or have you graduated within the last three years? Do you have an idea the world should know about? Do you want to be part of the most promising, upcoming start-up coached by top entrepreneurs? Wait no longer, sign up for the Philips Innovation Award!

What is the Philips Innovation Award?

The Philips Innovation Award is the largest student-entrepreneur award in the Netherlands which enables young entrepreneurs to develop their idea and transform it into a successful start-up. Our mission is to stimulate and activate an innovative entrepreneurial culture among students. The Philips Innovation Award is an independent non-profit organization that works in close cooperation with Philips. The organization of the award is led by a board consisting of seven students from the Erasmus University Rotterdam. 

We believe in a ‘profit for all’ mentality

By participating you receive personal feedback and coaching, build up a network and practice important skills. We offer support and guidance throughout the entire process, consisting of the idea stage, developing stage, refining stage and finale stage. 

During the idea stage you can submit your executive summary on which you will receive feedback by our consulting partner, De Kleine Consultant. The developing stage is there to help you convert your idea into a business plan. Signing up and handing in your idea will be completely confidential, this is secured by signing a NDA. 

A selection of the best ideas will be taken into the refining stage leading to the semi-final. During the final you  might win the big price consisting of cash money, services like coaching, consultancy, legal advice, accountancy and so on from our top of the class partners. This all will kickstart your idea towards your dream business. During the final stage, eight ideas will be selected for the Grand final. The two winning teams will be granted a price worth €50.000 and €10.000. 

Curious what the winner of last year is doing? Visit their website:


December 13th we will organize a seminar at The Gallery at Novel-T in Enschede. In this seminar, we will show you how you as a student can benefit from the Philips Innovation Award. An inspiring speaker will spice things up and those with guts get the chance to pitch their idea. Let us know you are coming by ordering your free ticket on Facebook:

Are you convinced after having read this? 

Then do not hesitate, sign up for the Philips Innovation Award with your clever, innovative idea and start transforming this idea into a life changing concept. Visit our website, and apply. If you still have any questions, send us an e-mail: or give us a call: +31(0)6 13 27 21 16. 

The deadline for participation is the 16th of January 2019. Be aware that a business plan is required at this point.