THE CHALLENGE
Philips is looking to find the most impactful innovations from startups transforming health, in particular those that combine an advanced (hardware) technology with the use of digital platforms. Examples of areas of interest are:
HELP PARENT MAKE BETTER INFORMED PARENTING DECISIONS
Philips Avent recently launched the digital parenting platform uGrow with new connected products and improved functionality to better understand baby’s development and help parents make better informed parenting decisions.
ULTRASOUND SOLUTIONS
Philips as a market leader in ultrasound, is interested in technologies and solutions that enable new use cases for ultrasound.
IMPROVE SLEEP
Philips recently highlighted its vision for transforming the future of sleep and is looking for solutions that e.g. monitor sleep (in the home), quicken sleep onset, help prevent awakenings, improve the overall quality of sleep or regulate wake-up times.
WHAT'S IN IT FOR YOU
Pilot contract with Philips (customized based on joint preferences)
Wildcard for selection round HightechXL
Exclusive coaching & feedback from Philips experts
Assessment of potential to leverage HealthSuite Digital Platform
Introduction meeting Philips Ventures
ADDITIONAL CRITERIA
You should:
have a working prototype;
be able to realize a usable product or service within the next 2 years;
have included data processing or collecting within the healthcare field in your solution;
be able to pitch through video conferencing or face-to-face on the proposed dates.
TIMELINE
DEADLINE APPLICATIONS
The deadline for applications is October 31th. 10 finalists will be selected and invited for the finals on November 14th in the Netherlands, Eindhoven.
FINAL PITCH EVENT
10 selected startups will join for the final pitch event at the high tech campus in Eindhoven, the Netherlands, where the winner will be announced
CUREMETRIX LANDS A PILOT CONTRACT WITH PHILIPS
On November 14th, 20 startups were invited at Philips headquarters in Eindhoven. All startups participated in roundtable sessions where 40 mentors from Philips had 1-on-1 sessions one specific topics. Ten of the startups were selected to pitch in the ring in front of judges and an audience consisting of Philips employees. After some fierce battles, CureMetrix proved to be the most promising and secured a pilot contract with Philips. CureMetrix works as an adjunct to radiologists and helps improve clinical effectiveness and efficiency.