On Monday the 26th of November Campus Groningen - together with her partners - facilitates the Philips Innovation Awards (PHIA)!
We are looking for students and young entrepreneurs with an innovative idea to participate in the Philips Innovation Award (PHIA). Do you want to make your idea a reality and have a chance to win the main prize of € 50.000? Then come to our seminar to learn more about the PHIA program and to register for the competition. This year we have - amongst others - IVWear as inspiring speaker tells to tell their story as a start up and their participation in the Philips Innovation Award in 2018 (finalists).
What is the Philips Innovation Award?
PHIA is an annually award for the best student entrepreneur. The process:
Phase 1: In the ‘Idea Stage’ you will get to know the PHIA during a two hours seminar. You will listen to an interesting key note speaker and you will get the chance to write down your idea. Feedback will be given afterwards. A few persons have te possibility to pitch their idea: the best idea wins a price! The ideas will be collected nationally en the 100 best ideas get 100 euros!
Phase 2: In the ‘Development Stage’ you can choose if you want to continue or not. If you want to continue you have to write an executive summary (A4). An external company will look at your summary critically and will give you some feedback. Afterwards you can make a start on your business plan. It shall be assessed by a business panel of the PHIA.
Phase 3: In the ‘Refining Stage’ the 40 till 50 best students will be chosen to pass through. In this phase the participants improve their product, the pitch and the promotion. You will pitch your product for potential investors and you will promote your product on al real entrepreneurial market.
Phase 4: In the ‘Final Stage’ only seven participants can present their idea to the outside world. During this period the pitch will be optimized. The one who will convince the jury wins 50.000 euros!
Who can participate
For the seminar all students from MBO, HBO and WO level are welcome if they are interested in entrepeneurship and innovation. Also young starters are welcome if they are entrepreneurs less than three years. All ideas from the beginning phase till the development phase can be submitted.
To show how much potential the Northern Netherlands has when it comes to innovative entrepeneurship, we are looking for student/young entrepeneurs as many as possible. All interested people have the possibility to sign up via this page to participate the seminar at the 26th of November in Startup City (Kadijk 2), 15.00 till 17.30. Drinks included!
Main language is English.