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Philips gründet Start-up-Campus © Philips

Philips founds start-up campus

"Health Innovation Port" (HIP) to be set up in Philips' headquarters in Hamburg-Fuhlsbüttel

The Hanseatic city’s first co-working hub focusing on ehealth, health and medical technology is to be set up in Philips Deutschland headquarters in Hamburg-Fühlsbuttel, Diedrich Dirks, Managing Director of Philips Medical Systems DMC, and Elke Badde, State Secretary in the Hamburg Ministry of Health and Consumer Protection, announced Thursday (September 8th) during 2016. From the first quarter of 2017, start-ups in the health sector can avail of knowledge pooled there. Philips employs over 2,000 professionals in research and development and in marketing sales in Hamburg.

More innovative power and speed

Start-ups can find ideal framework conditions at Philips 24/7, spread across 1,000 square metres of office space with modular, state-of-the art facilities and infrastructure as well as laboratories. The collaboration gives them business access to hospitals, universities and other firms allowing them to gain knowledge in lectures and meet specialists. Philips gains more innovative power and speed in return.

New offer for Hamburg

Dirks said: “The Health Innovation Port (HIP) supports a community in which local start-ups can build up a network, boost the exchange of ideas and benefit from links to the community and can learn from each other.” Badde added: “Philips’ initiative creates a new offer in Hamburg. The whole innovative idea allows founders to benefit not only from co-working in office spaces, but also in laboratories and workshops. We hope that Philips’ concept will be exemplary for other companies.”

Sources and further information:

Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading provider of health technology. The company’s headquarters is in the Netherlands. The company’s Germany head office in Hamburg is one of the biggest and top-selling subsidiaries. Philips employs 69,000 staff in over 100 countries and earned turnover of EUR 16.8 billion in 2015 with its health technology range.

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