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Venture client unit · Healthcare & Pharma

Koninklijke Philips

SPICE (Sourcing Program for Innovation & Collaborative Entrepreneurship)

Amsterdam, Netherlands

About Koninklijke Philips

Koninklijke Philips is a Dutch health technology company with about 69,700 employees in more than 100 countries and roughly 130 years of innovation history; it invests about 9% of sales in R&D.

Source: supplierinnovation.philips.com

How Koninklijke Philips works with startups

SPICE, the Sourcing Program for Innovation & Collaborative Entrepreneurship, is Philips' open innovation portal where suppliers, startups, universities, research institutes and individual inventors respond to posted Innovation Challenges tied to Philips' innovation roadmap. Submitted ideas are reviewed by the challenge owner and can also be shown to a wider community of Philips innovators to surface further collaboration opportunities. The portal already counts hundreds of successful innovation projects among thousands of submitted ideas, spanning challenge areas from Connected Care to Precision Diagnostics and Health Systems.

Source: supplierinnovation.philips.com

How to approach the team

  1. Submit idea via SPICE portal
  2. Reviewed by Innovation Challenge owner
  3. Shared with Philips innovator community
  4. Track status of submission

Source: supplierinnovation.philips.com

Areas of interest

Open calls

Standing invitation: submit ideas via the SPICE portal

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