Philips Foundation works with social entrepreneurs that complement existing healthcare systems while solving care challenges by employing disruptive models and innovative approaches. This is why Philips Foundation in 2021 established Philips Foundation Impact Investments B.V., a social impact investment vehicle that will support social enterprises through early-stage and situation- specific investment.

Philips Foundation Impact Investments B.V. takes an integrated approach in assessing the potential scalability of enterprises by not only looking at their technology, business model or another partial aspect of their solution, but rather at their overall readiness to make a meaningful impact within the healthcare systems in which they operate. Behind entrepreneurs’ agile technologies and promising forecasts are business acumen and stamina, as well as general willingness to make a meaningful and lasting impact in places where others don’t go.

Philips Foundation Impact Investments B.V. aims to operate in the gap in the investment market: between grants on the one hand, and on the other, impact investors who have a keen eye for a snappy return on their investment. The low-resource settings where social entrepreneurs often operate often need a patient but judicious impact investor, with a complementary entrepreneurial eye for self-sustaining, impactful scale-up over time.