The Philips Innovation Award is an independent non-profit foundation (Stichting) established in 2006 by students from the Rotterdamsch Studenten Corps. Its mission is to empower the next generation of entrepreneurs by providing a platform where students can develop their innovative ideas into successful startups. The award process involves expert coaching, extensive training, and access to a broad network of investors and experienced entrepreneurs. The competition culminates in a grand final where participants pitch their business plans for a chance to win significant prize money to fund their venture.

Founded in

Netherlands