"How It Works

Philips is partnering with Indiegogo to host this competition and help bring your ideas to life through crowdfunding, including $100,000 from Philips. The Innovation Fellows competition will recognize the best products, services and tangible ideas that address the key innovation opportunities of Living Well, Being Healthy, and Enjoying Life. Starting June 18, interested participants can register here. Upon registration confirmation by Philips, you can begin building your pitch on Indiegogo, which will go live on August 15. 

Once the Innovation Fellows projects go live on Indiegogo, we invite you to promote and support the projects that have the greatest potential. By the middle of October, Philips will announce five finalists of the Innovation Fellows competition as determined by the Philips Steering Committee. Philips employees will vote among the finalists to select the ultimate grand-prize winner, which will be announced by October 30.  

One grand-prize winner will receive a $60,000 cash prize, plus an all-expenses-paid trip to Philips' US headquarters to meet with executives and relevant business line leaders. In addition, the other four finalists will receive a $10,000 cash prize."

Philips Innovation Fellows Competition

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