“ The largest student- entrepreneur award in the Netherlands. ”
Philips innovation award
This is the largest student-entrepreneur award in The Netherlands. This award is organised for students, by students. The award does not abide by a winner-takes-all mentality but wants all its participants to benefit from the personal feedback, network, credibility and skills that you will take with you for the rest of your career.
The Grand Final 2021
This year the Philips Innovation Award (PHIA) is proud to present the first-ever Hybrid Grand Final.
With the Hybrid Grand Final, the PHIA has truly innovated the concept of the Grand Final. In the Hybrid Grand Final, each startup will pitch their brilliant and innovative ideas to the jury consisting of industry leaders. Moreover, during a table discussion led by Sander Schimmelpenninck, our table guests Gillian Tans (Chairwoman of Booking.com) and Ben Woldring (Founder of Bencom Group) will reflect upon the pitches and share their vision on entrepreneurship and innovation.
In the end, the jury, chaired by Frans van Houten, CEO of Royal Philips, will decide which startups have the most innovative ideas and win the Innovator Award worth €50.000- and Rough Diamond Award worth €10.000,-.
Check out the teaser and the full Grand Final here!
30 startups, 8 golden tickets; in 7 episodes of #TheBattles you will find out which Rough Diamonds and Innovators made it to the Grand Final and had the chance of winning the grand prizes worth €10.000 and €50.000!
See you next year!
Innovator Award
The Innovator Award is our big league prize worth €50.000 and gives every startup a kick-start towards success. It consists of cash, assistance in registering patents, creative services, consulting advice and more! This prize will boost your startup to the next level.
The Rough Diamond League is a separate league for earlier stage startups. As our goal is to stimulate entrepreneurship and innovation amongst students, we support all students to develop their idea into a successful startup. The Rough Diamond Award gives you the opportunity to win a price worth € 10.000 to boost your business to the next level. So do not be afraid that you cannot compete against other startups who are already in an advanced stage!
The deadline for the first stage, the Idea Stage, is in December. During this stage, you have the option to submit your idea on one page in the format of an executive summary. Our working partner: de Kleine Consultant, will read and evaluate your idea and provide you with feedback. The 10 best executive summaries receive a price of €100! Important to note here is that we make sure your idea remains your idea. Everyone will sign a nondisclosure agreement: we guarantee that your idea is safe with us and will not get stolen. The next step is to improve certain aspects of your idea (if necessary) and transform your idea into a real Business Plan according to our Guidelines. This will take place during the Second Stage: The Development Stage!
Development stage
read more
+
In the Developing Stage, you will transform your executive summary into a real business plan. We provide you with clear instructions on how to write a business plan. This stage will bring you one step closer to participating in the Semi-Final.
After submitting your business plan, our Business Panel, consisting of successful entrepreneurs and business(wo)men, will evaluate your idea. You will receive personal feedback based on criteria such as originality, sustainability and degree of innovation. The thirty best startups with the highest scores will make it to the Semi-Final which will take place during the next stage: the Refining Stage!
Refining stage
read more
+
In the Refining Stage, startups are invited to join workshops, such as Prototype Day and Investor Day. During our Prototype Day you will validate your idea, work on your UX/ UI design, or technical feasibility. Meanwhile Investor Day is there to provide you with network opportunities with our investor partners.
Next, is the Semi-Final in which 18 Innovators and 12 Rough Diamonds will compete for a spot in the Grand Final. Normally, the Semi-Final is organized as a Innovation Market located in Rotterdam. However, this year "The Semi-Final Battles" will be broadcasted online as a series. In each episode the startups will pitch their idea in front of a jury, and by the end of the series, you will know who is going to participate in the final stage; the Grand Final.
Final Stage
read more
+
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. To prepare for this day, a Coaching Day and Pitching Day will be organized.
The coaching day will be held at ABN AMRO and helps you to finetune the last aspects of your business plan. The Pitching Day gives startups the chance to practice and improve your pitch, and to make you feel confident on stage. The Grand Final of the Philips Innovation Award 2021 will be held at Theater Rotterdam on May 31, 2021. It will be an inspiring evening full of great pitches, Innovation and excitement.
