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InnovationQuarter has operated as the regional development agency for West Holland since January 1st of 2014. Thanks to cooperation between the national government, the province, all major cities in the West Holland region, the universities and the university medical centres, InnovationQuarter is a unique initiative within the Netherlands.

Working together towards a strong region

Together with various companies, knowledge institutions, cluster organisations, incubators, investors and governments, InnovationQuarter works to strengthen West Holland’s position as one of Europe’s top economic regions. The agency focuses on cooperation between innovative enterprises, cross-pollination between the strong regional clusters, the targeted attraction of foreign companies and financing innovative and fast growing entrepreneurs.

InnovationQuarter exceeded its ambitious objectives for 2016 in all these areas.

  • InnovationQuarter Business Development achieved 16 partnerships between innovative entrepreneurs with an investment volume of € 16 million. In addition, 46 partnerships were stimulated and a further 52 were explored. InnovationQuarter worked with several hundred companies on these partnerships. These were often trend-setting, cross-sectoral projects focusing on the transition to the ‘next economy’.
  • InnovationQuarter Foreign Investments helped 36 foreign companies to establish themselves, move to or expand in the region. Within three years, these enterprises expect to create 730 additional jobs in West Holland and invest an extra € 95.7 million. Since InnovationQuarter started out in 2014, the number of foreign companies which landed in West Holland has increased by no less than 55%.
  • InnovationQuarter Capital invested in 11 companies during 2016, while the UNIIQ fund financed 8 companies. As a result of these investments, the amount of additional capital attracted to the region was € 27.2 million. InnovationQuarter is expected to have been one of the three most active investors in the Netherlands in 2016. The companies in the agency’s portfolio expect to create 241 extra jobs over the next three years. An exit was achieved on the investment in IQMessenger in 2016.
TerugblIQ - InnovationQuarter 2016 Annual Report

InnovationQuarter shareholders receive the first copy of TerugblIQ, the InnovationQuarter 2016 Annual Report © Daniel Verkijk

 

As well as creating projects, new jobs and investments, InnovationQuarter generates added value by playing a connecting role within the innovative ecosystem and by putting the region on the map as an innovative hotspot. The agency also serves as the link between the ‘top sector policy’ of the national government and the regional business community. “Through the comprehensive execution of our core tasks, which includes drawing on our extensive knowledge and networks, we create added value as a regional development agency,” explains InnovationQuarter Director Rinke Zonneveld. “This means we are more than a connector and a catalyst, more than an acquisition organisation and more than an investor.”

Contributing to the Next Economy

InnovationQuarter’s annual report gives a voice to innovative entrepreneurs who help address challenges in fields such as healthcare, security and energy. Rinke Zonneveld: “In light of our ambition to tackle important social issues, these are the entrepreneurs we like to help.” They offer solutions that are often at the interface of sectors and technologies, which is why InnovationQuarter focuses on cross-sectoral collaboration. “This enables us to bring the ‘next economy’ closer in our region,” explains Zonneveld.

TerugblIQ – Annual Report

Curious about our results? See the InnovationQuarter Annual Report 2016 online below (in Dutch).

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American cyber security company Dtex Systems sets up in Europe’s leading security cluster

InnovationQuarter’s Chris van Voorden congratulates CEO Christy Wyatt at Dtex Systems with the establishment of Dtex Systems at the HSD Campus © Daniel Verkijk

Preventing data breaches

Digital threats are rife. Not only must enterprises deal with external threats, they also face insider threats. Increasingly, employees work independently of location and time and use different mobile devices like smartphones, tablets and laptops to access business-critical information. To prevent data abuse and data breaches, it is crucial for companies to secure confidential information flows and identify unexpected and abnormal behaviour as soon as possible.

In the fight against data breaches, Dtex Systems has developed unique cyber security software to detect insider threats and infiltration from the outside. This software focuses on individual users of IT systems who are often overlooked when implementing digital security measures. Insiders, like employees, intentionally or unintentionally pose a threat to a company’s intellectual property, which could lead to the loss of such property. Consequently, despite increasing investments in their IT security, enterprises can become victims of unwanted data distribution.

“The rise of BYOD and cloud applications has made it easier than ever for employees to discreetly move sensitive files out of an organization’s secure network,” said Christy Wyatt, CEO of Dtex Systems. “Today, more than half of all organizations are vulnerable to data theft by insiders because they simply do not have the tools or the resources to identify these threats before material damage has already occurred. The key to solving the problem is knowing what users are doing with company data.”

Cyber security hotspot

For Dtex Systems, the establishment of a sales and support office in The Hague – the international city of peace, justice and security – was a conscious choice. As the ‘Secure Digital Gateway to Europe’, The Hague is a central, strategic location for expanding sales activities throughout the continent.

“In building a plan to develop the Dtex business in Benelux we looked at the markets that would have the highest needs for insider threat detection,” says Olav van Haren, Sales Director at Dtex Systems. “We are also eager to work with partners and The Hague Security Delta is the perfect platform to work with governments, knowledge institutions and enterprises to build a solid foundation for the Dtex operations in the Netherlands and beyond.”

Cybersecuritybedrijf Dtex Systems vestigt zich in hét veiligheidscluster van Europa

Sales Director Olav van Haren presenteert Dtex Company vanaf de zeepkist aan de andere HSD members tijdens de wekelijkse pitchlunch © Daniel Verkijk

European branch in The Hague

Today, Dtex Systems – a new Premium Partner of The Hague Security Delta (HSD) – was officially welcomed at the HSD Campus in The Hague. Christy Wyatt, CEO of Dtex Systems, and HSD Deputy Director Joris den Bruinen signed the partnership agreement and lease. Olav van Haren presented the US cyber security company to the other HSD members at the weekly lunch pitch.

“We are delighted that Dtex Systems has joined our national HSD security cluster. With its innovative ‘Advanced User Behaviour Intelligence’ cyber security software, Dtex will add a valuable and innovative product to the security domain,” says HSD’s Joris den Bruinen. He adds, “Dtex is a perfect match for our cluster.”

American cyber security company Dtex Systems sets up in Europe’s leading security cluster

Form left to right: Martijn Poen (DIT British Embassy), Martijn van Hoogenhuijze (InnovationQuarter), Joris den Bruinen (HSD), Christy Wyatt (Dtex Systems), Olav van Haren (Dtex Systems), Chris van Voorden (InnovationQuarter), Philip Meijer (InnovationQuarter) and Eric van Pelt (NFIA) © Daniel Verkijk

Cyber security ecosystem

Chris van Voorden, Head of Foreign Investment at InnovationQuarter, presented Dtex with a special plaque on behalf of the regional partners, the Department for International Trade (DIT) of the British Embassy, the Netherlands Foreign Investment Agency (NFIA), HSD and the Municipality of The Hague.

Van Voorden says: “We are proud to add Dtex Systems to the renowned list of cyber security companies that have chosen West Holland, and specifically The Hague, to set up business. This US company will make a strong contribution to our innovative ecosystem. The InnovationQuarter team will be pleased to help them establish useful contacts with other businesses in our region and support them in their European growth ambitions.”

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The Hague Security Delta Campus

Leading security cluster

The core is the HSD Campus, the national innovation centre for security in The Hague. 50 of the 250 partners of The Hague Security Delta (HSD) are located at the Campus. These parties vary from governments to knowledge institutions and from startups & SMEs to corporate organisations. All of these partners share a common goal: more business activity, more jobs and a secure world.

At the HSD Campus, the King of the Netherlands spoke with representatives of involved organisations and the HSD Board, followed by a guided tour. Richard Franken, executive director of HSD: “This visit offered us the opportunity to familiarise his Majesty with the diversity on initiatives within HSD. Besides that, we discussed some challenges in the security field, such as the lack of IT and cyber security talent, the tensions between privacy and security, and the cyber security threats with regards to the Internet of Things.”

Royal company visit

HSD partners talked about four topics with King Willem-Alexander:

Bezoek Koning Willem Alexander aan The Hague Security Delta

The education of cyber scurity talent. The University of Leiden, TU Delft and The Hague University of Applied Sciences offer an executive master education in Cyber Security at the Cyber Security Academy. The King spoke with professors and professional students about challenges, such as guaranteeing the sufficient supply of professional teachers, anticipating on the quick developments within the cyber security domain and the protection of the balance between security and privacy.

Bezoek Koning Willem Alexander aan The Hague Security Delta

SAM, the security robot, which can patrol autonomously. The robot is designed by Robot Security Systems/Lobeco in collaboration with Trigion, TU Delft and end users. With the help of HSD investments and its partners such as InnovationQuarter and Rabobank, it is now successfully used at the Port of Rotterdam. In addition to the physical threats, the port of Rotterdam also needs to be resilient against digital threats.

Bezoek Koning Willem Alexander aan The Hague Security Delta

The National Cyber Testbed, an investigation by TNO and HSD – in consultation with the Metropolitan region Rotterdam/The Hague – with a focus on how society can be more resilient against cyber attacks. As long as the possibilities of digitalising, ‘The internet of Things’ and ‘Smart Cities’ grow, vulnerabilities for ‘hacks’ will grow as well. The municipality of The Hague and KPN have been the first organisations to support the development of this Testbed.

Sweetie 2.0: preventing child abuse. Tracks Inspector, the University of Leiden and Tilburg University work for Terre des Hommes on the development of an advanced version of a ‘chat robot’. Using artificial intelligence it prevents the abuse of children through webcam sex.