Social
entrepreneurship

We believe in supporting local change makers. The Philips Foundation aims to give social entrepreneurs access to the resources and expertise they need to grow.

In 2016 we launched a partnership with Ashoka, one of the world’s largest network of social entrepreneurs, identifying and investing in social entrepreneurs helping them to bring their ideas for solving social problems to scale. Through a six month ‘globalizer’ program, 12 social entrepreneurs were supported by advisory teams – involving 24 Philips volunteers -  to build their impact scaling plan; culminating in a three-day summit where the social entrepreneurs were able to pitch their impact plans to a large group of senior experts, such as social investors, public sector representatives and Philips executives.