The Philips Foundation Impact Investments financially supports social entrepreneurs who pioneer solutions to provide better access to care, to grow the scale of their innovative approach, and improve their model, deploying Philips expertise in a mentoring and support mechanism, with the end goal to create system change and large scale access to quality healthcare for underserved communities.
The Philips Foundation and PFII support projects/entrepreneurs typically among the underserved communities in countries where Royal Philips or one of its subsidiaries are present, or in LMIC where Philips is not present but a lot of impact can be made within the criteria they apply. When entering LMIC, we assure collaboration with a strong (NGO-) partner and / or social entrepreneur on the ground.