Philips Innovation Award

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Pre-register for the 22nd PHIA!

The process

Accelerate your startup

In order to stimulate entrepreneurship and help to further develop your startup or idea, we created a trajectory in which participants are guided by our partners.

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Idea Stage

During this stage the applications for the trajectory will open. By handing in your business plan, with the help of our guidelines, you will enroll for the trajectory. The business plans will be reviewed by our Business Panel. The top thirty business plans will continue to the semi-final.

Development Stage

During this phase, the thirty selected start-ups will benefit from coaching sessions with our partners, engage in specialized workshops conducted by Wearereasonablepeople, and seize the opportunity to scout new talent during our exclusive Find Your Talent day.

Refining Stage

This is the stage where the semi-final will take place. During this stage, the start-ups will gain valuable knowledge about investor readiness from our investor partners. In the semi-final, each contestant will pitch their ideas to the jury, and the eight most promising start-ups will advance to the Grand Final. These eight finalists will then receive pitch training to prepare Grand Final.

Grand Final

This is the stage in which the Grand Final will take place. There will be two winners: one Innovator and one Rough Diamond, who will receive a price worth €50.000 and €10.000 respectively!

SUCCESS STORIES