Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Vblock™ Systems:
Advanced converged infrastructure
increases productivity & lowers costs.

www.vce.com
Press Releases
24/7/365 Network Uptime!
Average Rating:
Rate this article:  
Innovation Fellows Seeks Next Big Thing in Health
Innovation Fellows Seeks Next Big Thing in Health

 
July 10, 2013 9:54AM
Philips "Innovation Fellows" Competition Searches for Next Big Thing in Health and Well-Being -- Partners with Indiegogo to host crowd funded campaigns; Philips to award $100,000 plus mentoring to the top ideas
 



Andover, MA, USA -- Greg Sebasky, Chairman, Philips North America, today introduced Philips' Innovation Fellows competition at the Bloomberg Next Big Thing Summit. Philips is asking people nationwide to submit their ideas for the "next big thing" that will help people live happy, healthier lives. Entrants will have the chance to tap into $100,000 in prize money from Philips, to help bring their innovation to life. To further spur open innovation, entrants can gain financial support for their idea on Indiegogo.com, a global web-based crowd funding site.

"Philips is committed to meaningful innovation, and we strive to transform and enrich people's lives to help them reach each life milestone in healthy, fulfilling ways," said Sebasky. "Philips is always looking for the 'next big thing' and we want to broaden our reach and celebrate great ideas that have the potential to revolutionize the way we live. We invite all innovators to share their ideas and to help us in our search."

Competition entries will focus on the three areas:
âEU˘ Living Well: For instance, technology that helps people have a restful sleep or a sense of security at home.
âEU˘ Being Healthy: For example, new products or services that enable people to better monitor their family's health, seek medical treatment, prevent illness and live a healthy lifestyle.
âEU˘ Enjoying Life: Ideas that would help provide greater happiness in people's lives, including being an active part of one's local community and living independently as one ages.

The 2013 Philips Meaningful Innovation Index, which examines satisfaction with current innovations by what is important in people's lives, discovered Americans want future innovations to have a purpose. In dealing with the stresses of everyday life, Americans are looking for products and services that do more than create technology for technology's sake. Philips focuses on delivering innovation that matters and supports the public's ongoing desire for technology to make a real difference in people's everyday lives.

"Indiegogo is committed to helping innovators gain access to funds around the world who can provide validation of their ideas and the financial support they need to make their ideas become reality," said Slava Rubin, CEO and co-founder of Indiegogo. "We hope this competition will help make 'the next big thing' grow from an idea to a real-world innovation."

How It Works

Starting at noon ET on June 18, interested U.S. residents can begin registering for the competition at www.philips.com/innovationfellows through 11:59 pm ET on August 15. Upon registration approval, individuals and teams will be directed to Indiegogo, where the campaigns will be housed for crowd funding and social media support.

Funding begins August 15, and campaigns will be supported by the public through September 30. A steering committee of Philips executives will determine and announce five finalists mid-October, and Philips employees will vote to determine the grand-prize winner.

Each contestant will be judged on a variety of factors, including the feasibility of the idea and how he/she plans to bring it to life; how transparent and specific he/she is about plans to allocate funding to further the project; the extent that the innovation will have a meaningful impact on people's lives; and the amount of support his/her idea garnered on Indiegogo.

The grand-prize winner will be announced October 30 and will receive a $60,000 cash prize from Philips, in addition to the funding raised through Indiegogo, to help bring the innovation to life. Along with the monetary prize, the winner will receive an all-expenses-paid trip to Philips' USA headquarters to meet with Sebasky and other Philips experts for mentor and whiteboard sessions around their "next big thing" idea. Each of the remaining four finalists will receive a $10,000 cash prize.
(continued...)

1  |  2  |  Next Page >

 

Tell Us What You Think
Comment:

Name:

Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Michaels Says Nearly 3M Credit, Debit Cards Breached
Arts and crafts retail giant Michaels Stores has confirmed that a data breach at its POS terminals from May 2013 to Jan. 2014 may have exposed nearly 3 million customer credit and debit cards.
 
Heartbleed Could Cost Millions, Could Have Been Prevented
Early estimates of Heartbleed’s cost to enterprises are running in the millions. The reason: revoking all the SSL certificates the bug leaked will come at a very hefty price.
 
Google's Street View Software Unravels CAPTCHAs
The latest software Google uses for its Street View cars to read street numbers in images for Google Maps works so well that it also solves CAPTCHAs, those puzzles designed to defeat bots.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Google Releases Chrome Remote Desktop App for Android
You're out on a sales call, and use your Android mobile device to grab a file you have back at the office on your desktop. That's a bit easier now with Google's Chrome Remote Desktop app for Android.
 
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 billion, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.