The Philips Innovation Award (PHIA) is the largest student-entrepreneurship award in The Netherlands, especially for students and recent graduates who want to further develop their startup or idea. Each participant benefits from expert feedback, educational workshops and extensive training during the process. All facets you need as a young entrepreneur to kick-start your startup!
Innovator and Rough Diamond competition
To give all startups from different stages a platform to develop their innovations, two competitions have been created: the Innovator and Rough Diamond competition. The Innovator Award is the competition for somewhat more mature startups, with a prize worth €50,000 and gives each startup a kick-start to success. The prize includes cash, creative services, consulting and more! The Rough Diamond League is the competition for teams just starting their idea. A valuable way to get started developing your startup!
Submit your businessplan
A few weeks ago, the Development Stage started, where startups can submit their business plan [deadline before January 20 (Time: 23:59)]. Our guidelines give you clear instructions on how to write this plan. By submitting your business plan, you are one step closer to participating in the semi final. After you submit your business plan, it will be reviewed by our business panel, which consists 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 provide you with personal feedback. The thirty startups with the highest scores will make it to the semi final which will take place during the next stage: the Refining Stage!
The thirty startups with the highest scores will advance to the semi-finals which will take place in the ‘Refining Stage’. Before the semi final takes place, the startups are invited to participate in Coaching Day, Prototype Day, Talent Day and Investor Day. After the semi final, the judges will choose the participants who will be allowed to participate in the final stage and will advance to the Grand Final.
The Grand Final
During the ‘Final Stage’ the PHIA reaches its climax. The best teams from the Innovator League and the Rough Diamond League will compete for a prize worth €50,000 and €10,000 respectively. The Grand Final will be a valuable evening full of great pitches, innovation and inspiring speakers.
Many successful startups have emerged from the track in recent years, these inspiring stories can be read on the website here.
Sign up now!
Do you have an innovative startup (idea)? Then register for the Philips Innovation Award 2023 track before January 20 (Time: 23:59) and have a chance to win a prize worth €50,000 via www.phia.nl.
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