The University of Twente Funds Foundation presents the Van den Kroonenberg Prize at the Entrepreneurial Day. Each year, this enterprise award is given to a young entrepreneur with a demonstrable link to the University of Twente whose work in a given field has earned them a reputation. The prize is a tribute to Prof. H.H. van den Kroonenberg, a former Rector Magnificus, who made exceptional efforts to encourage new entrepreneurship within the University of Twente. The prize consists of a sum of money  (€ 4,500), a certificate and an artwork, created by Mohana van den Kroonenberg.

The 2017 winner was Felix Broens, founder of Convergence Industry.