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Get to know philips innovation award

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.

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philips innovation award

Netherlands

Founded in

2006 (20 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.