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Doing business in the Netherlands

Expat family: the Netherlands is the new hotspot

The business bank HSBC interviewed nearly 30,000 expats about their experiences with and wishes for working abroad. This shows that working in the Netherlands is pleasant, because there is a lot of attention for the family here.

More than three-quarters (76%) of expat parents in the Netherlands say the health and wellbeing of children is better than it was at home. expat parents also praise the quality of education and childcare, with 72% and 65% respectively saying it is better than at home.

Last year’s winner, Swedem, ranks as the secong best country to raise a family. Nearly three-quarters (72%) of expat parantes rate the quality of childcare better than at home and 71% said the process of arranging a scholl for their children was straightforward.

The Netherlands in Top 5 of most loved countries for expats

Family, money and society make happy

Furthermore, the HSBC Expat Explorer 2017 list looks at economic opportunities and whether life is also a little fun. Daily expat life within the walls of a compound is not really conducive to happiness. Being part of society and getting acquainted with locals is just as important.

The Netherlands scores high on these three criteria and is this years fifth country in HSBC’s survey, rising nine places in one year. Just behind Germany, but overtaking Canada, Australia and even Switzerland.

The Netherlands in Top 5 of most loved countries for expats

Low salaries, good career opportunities

In economic terms, the Netherlands is not doing all that bad. Starting a business is easy and is encouraged by the government. And the career opportunities in the Netherlands are good.

However point of attention are the salaries of expats. These are lower than in Thailand or Turkey, for example. Switzerland is the country for the big(ger) money, with an average salary for expats at $ 193,000.

Brexit

Due to our strict bonus policy in the financial sector, the salaries are lower here. It is a common argument why big London banks consider leaving Amsterdam  after a Brexit.

And in regards to Brexit, the United Kingdom made a free fall on HSBC’s list placed at 22 last last year. The uncertainty for expats doesn’t do well for United Kingdom’s score, positioned in 2017 at 35.

 

Source / RTLZ / Dubai Chronicle

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Country Profile on the Netherlands While many countries have shifted in rank from the previous year, the Netherlands maintains its position as the 4th most competitive global economy in the 2017-2018 report. This comes as a result of top scores across three WEF subindexes, including top 10 ranks for institutions, infrastructure, health and primary education, higher education and training, goods market efficiency, technological readiness, business sophistication and innovation. The Netherlands scores especially high on the quality of its port infrastructure (#1), quality of air transport infrastructure (#4), quality of scientific research institutions (#4) and university-industry collaboration in R&D (#5). The Global Competitiveness Report in 2017 WEF published its latest Global Competitiveness Report on September 26, 2017. Released annually, the report is a comprehensive assessment of the factors driving productivity and prosperity in 137 economies. For the ninth consecutive year, Switzerland ranks as the world’s most competitive economy, ahead of the United States and Singapore. The Netherlands and Germany make up the remaining top five spots. The Netherlands previously climbed four places in two years before sustaining its current position. Hong Kong SAR (#6) advanced three places, while Sweden (#7) dropped one place from last year. Of the remaining three economies in the top ten, the United Kingdom (#8) and Japan (#9) each fell one place. Finland (#10) remains consistent. Source: World Economic Forum Global Competitiveness Report 2017-2018

The Netherlands maintains its prominent position thanks to the support of a strong education system and high levels of tech readiness among businesses and individuals. Its innovation ecosystem is ranked 6th globally, putting Holland in an excellent position to develop new ideas and attract investment.

World Economic Forum The Global Competitiveness Report 2017-2018

Country Profile on the Netherlands

While many countries have shifted in rank from the previous year, the Netherlands maintains its position as the 4th most competitive global economy in the 2017-2018 report. This comes as a result of top scores across three WEF subindexes, including top 10 ranks for institutions, infrastructure, health and primary education, higher education and training, goods market efficiency, technological readiness, business sophistication and innovation. The Netherlands scores especially high on the quality of its port infrastructure (#1), quality of air transport infrastructure (#4), quality of scientific research institutions (#4) and university-industry collaboration in R&D (#5).

The Global Competitiveness Report in 2017

WEF published its latest Global Competitiveness Report on September 26, 2017. Released annually, the report is a comprehensive assessment of the factors driving productivity and prosperity in 137 economies.

For the ninth consecutive year, Switzerland ranks as the world’s most competitive economy, ahead of the United States and Singapore. The Netherlands and Germany make up the remaining top five spots. The Netherlands previously climbed four places in two years before sustaining its current position. Hong Kong SAR (#6) advanced three places, while Sweden (#7) dropped one place from last year. Of the remaining three economies in the top ten, the United Kingdom (#8) and Japan (#9) each fell one place. Finland (#10) remains consistent.

Source / World Economic Forum

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StartupFest Europe / CapitalFest 2017

StartupFest Europe

Startups are good for the economy. They take care of innovation and employment. In order to grow, startups include capital, knowledge and customers. That’s why Dutch StartupDelta started in 2016 with StartupFest Europe, a European festival where startups and scale-ups find funding to grow their business, meet launching customers and find inspiration from international topnotch speakers.

StartupFest Europe consists of a main event (CapitalFest) and a number of thematic events spread around The Netherlands. This years theme is ‘Global Challenges, Startup Solutions’. At different times during StartupFest Europe there are speakers and challenges about one of the global challenges.

StartupFest Europe connects startups from all regions and sectors, enabling the Dutch startup potential to be visible to national and international investors ~ Francis Quint, Head of InnovationQuarter Capital

Edible drones

During CapitalFest on September 27th in the Beurs of Berlage, Amsterdam, there will a large series of international top speakers on stage (as keynote speaker or participant in a breakout session). In addition, there is a special video message from Jack Ma, CEO of Alibaba.

Some of the speakers are startup or scale-up with a strong focus on one of the world’s challenges. Like Boyan Slat. He is the founder and CEO of The Ocean Cleanup, the company that develops technological solutions for floating plastic in the oceans. Slat started his business in 2013 when he was 18 years old. The Ocean Cleanup has collected $ 31.5 million in funding.

With its company Windhorse Aerospace Nigel Gifford develops edible drones that can be deployed in disaster areas. The drones can transport a few tens of kilos of aid goods in the future.

The Ocean Cleanup

Innovative translator

Tim Houter and his colleagues develop the solution for fast and safe transportation. Houters team recently became second in the SpaceX Hyperloop competition of Elon Musk. The first tests of the Delft Hyperloop are promising.

Vasco Pedro is the founder and CEO of Unbabel, a Portuguese startup that develops the best translator using both artificial intelligence and “real” people. The goal of Unbabel is to make people worldwide work together better and easier.

Eyewire is the company of Amy Robinson Sterling. Eyewire portrays the human brain through the use of an online game. By solving 3D puzzles, everyone can collaborate on visualizing the human neural network.

100 billion dollars

In addition to these five innovative startups, CapitalFest’s stage includes Deep Nishar, the world’s largest investor. Nishar (former vice president at LinkedIn) is managing director of The Softbank’s Vision Fund; The Vision Fund has invested $ 100 billion. CapitalFest gives two startups the opportunity to pitch their company at Nishar. Besides, all startups visiting CapitalFest get the opportunity to present their business to hundreds of other investors.

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IBM’s Global Location Trends Show Record Year for Inward Investment in the Netherlands

High ranking in IBM Global Location Trends

According to IBM’s annual report Holland’s inward investment increased approximately 10 percent, “Building on the significant momentum and growth seen in the previous three years.” Globally, job creation through foreign direct investments (FDI) also increased 10 percent, reaching its strongest performance in the past decade.

In addition, the Netherlands ranks No. 4 globally by average job value of investment projects. Finally, the Amsterdam-Rotterdam metropolitan area shows consistent growth and is a global top destination for foreign investors. This metropolitan area, the so called ‘Randstad’ includes the cities Amsterdam, The Hague, Rotterdam, Utrecht and their surrounding areas. The metro ranks No. 2 by number of projects.

Overall, access to “International markets and leveraging global supply chains are expected to continue to drive foreign investment,” said IBM. Each year the report analyzes the latest trends in corporate location selection, and where companies are locating and expanding their businesses around the world, creating jobs.

Recent investments in Holland

Contributing to growth of investment in the Netherlands are countless multinationals.

Just this summer, data center company Equinix and biofuels producer Renewable Energy Group expanded to Amsterdam. Australian space startup Fleet Space Technologies opened its European headquarters in Delft, Japanese biotech company Human Metabalome Technologies opened an office in the Leiden Bio Science Park and previously American cyber security company Dtex Systems sets up in Europe’s leading security cluster: The Hague Security Delta (HSD). Meanwhile, leading retailers Zalando and Bestseller United, based in Germany and Denmark respectively, joined the FashionTrade wholesale platform in Amsterdam.

In 2016, companies such as Google, Medtronic, Oracle, PVH, Grünenthal’s Innovative Medicines Unit, Carnival, Aegex, Coca-Cola, Danone, Can-Pack, Hikvision, HEAD Aerospace,  and more celebrated expansions and establishments in Holland.

FDI growth driven by manufacturing, logistics and ICT

IBM’s Global Location Trends 2017 reports manufacturing, logistics and ICT leading global foreign direct investment growth. These sectors align with key industries in the Netherlands.

Considered one of the most wired countries in the world, Holland is a hotspot for information and communications technology companies. Global IT companies like Microsoft, Cisco, Interxion, Infosys, Huawei, Oracle, Intel, IBM, Verizon and Google invest in Holland for its unparalleled IT infrastructure.

Additionally, the Netherlands is a hub for foreign-owned logistics and distribution operations. Many multinationals choose Holland as their gateway to Europe to manage supply chain or grow e-commerce operations. Companies in a wide range of industries – from agrifood and life sciences to chemicals, maritime and IT – have also established advanced manufacturing operations in the Netherlands.

IBM’s Global Location Trends Show Record Year for Inward Investment in the Netherlands

Amsterdam/Rotterdam 2nd most attractive region

The Dutch region Amsterdam/Rotterdam (‘Randstad’) is the 2nd most attractive metropolitan region in the world for foreign investments, based on the number of projects. Also this becomes apparent in the IBM Global Location Trends Rapport 2017.

The attractiveness of the Amsterdam/Rotterdam region has increased in comparison to the report from 2016, when the same region was ranked 3rd in the IBM report. According to the IBM report, the Amsterdam/Rotterdam region shows consistent growth and has become a top destination for foreign investors, especially ICT companies.

 

Source / IBM Institute for Business Value / NFIA / Rotterdam Partners

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IRM Systems ontvangt kapitaal voor ontwikkeling van IRM Smart Pipeline Data en versnellen van internationale groei

Deputy Mayor Ferrie Förster from the City of Delft congratulates Rutger Schouten, founder and CEO of IRM Systems B.V.

Together with Rabobank and Brooklyn Ventures, InnovationQuarter with her IQCapital fund has completed this round to launch IRM Systems’ newest innovative product, ‘IRM Smart Pipeline Data’. ‘IRM Smart Pipeline Data’ is a software solution to support clients in predicting integrity and future failure optimally and extend the lifetime of their challenging pipeline systems whilst reducing total cost. Also, this round will support international expansion to IRM Systems’ strategic markets.

International growth & smart software

IRM Systems B.V. is actively looking to expand into to strategic markets beyond the Netherlands (Delft) and United Kingdom (Aberdeen) to amongst others USA (Houston), following their clients abroad. Secondly securing the integrity of pipeline systems’ in today’s climate of staff reductions at operators and ageing infrastructure, requires digitization and predictive data around integrity management – in particular for more challenging, or non-standard, pipeline systems. IRM Systems B.V. currently develops its smart software tool to accurately and optimally manage integrity and predict future failure on pipeline systems to further support its client base. Assisting clients to move to actually using data sets currently available on challenging pipeline systems allows these clients to increase integrity while reducing their overall cost.

IRM Systems ontvangt kapitaal voor ontwikkeling van IRM Smart Pipeline Data en versnellen van internationale groei

From left to right: Peter van der Poel (Smit en de Wolf), Karin Maliepaard (IRM Systems), Thijs Schaap (InnovationQuarter), Nienke Vledder (InnovationQuarter), Rutger Schouten (IRM Systems), Ferrie Förster (gemeente Delft), Ard Jol (Brooklyn Ventures), Francis Quint (InnovationQuarter), Hans Osnabrugge (Brooklyn Ventures), Thomas van Dusseldorp (IRM Systems)

An strategic next step

“IRM Systems is ready for a next major step. Combining regional growth initiatives in selected markets to IRM Smart Pipeline Data means that we leverage the specialist knowledge of our teams to serve more and more clients globally. That way we can reach true scale in the highly focused market segment of so-called ‘non-standard’ pipeline systems”, says Rutger Schouten, founder and CEO of IRM Systems B.V.

Hans Osnabrugge, partner of Brooklyn Ventures: “We are proud to see that the greenfield we started five years ago has grown into a global leader in its exciting niche. With this injection, the existing strong financial basis of IRM Group is leveraged to use our built knowledge and right to play towards a software solution, solving a global problem for non-standard pipelines. As Brooklyn Ventures it confirms our capabilities to globally scale startups and scale ups by our hands-on involvement.”

Unique combination of organic, international growth and innovative potential

Francis Quint, head of InnovationQuarter Capital: “With our investment in IRM Systems B.V. we aim to support successful entrepreneurs such as Rutger Schouten who built a flourishing high-added value business in Zuid-Holland (Delft) to enable their growth-ambitions. IRM Systems is a company with highly skilled employees in combination with innovative potential, through the development of IRM Smart Pipeline Data. InnovationQuarter is excited to support IRM Systems B.V. in its growth-ambitions”

Deputy Mayor Ferrie Förster from the City of Delft announced InnovationQuarter’s new investment at the Knowledge Expo Delft hosted at Buccaneer, center for innovation in energy and offshore in Delft.

EFRO / European regional development fund of the European Union

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Dutch Windwheel ondertekening Green Deal

International eye-catcher

In mid-2015 the Rotterdam companies BLOC, DoepelStrijkers and Meysters presented the plan for the Dutch Windwheel: an iconic building that will not only contain residential units, but also an attraction. The radical design maximally embraces the possibilities of energy production and experience. It was designed for systematic innovation and reuse and will be built with materials sourced from the Rotterdam region. The philosophy behind the Dutch Windwheel has since reached all corners of the globe: it has received far-reaching international media exposure and was even featured on the Chinese news. By constructing a building as circular, sustainable and healthy as this while achieving the highest energy-producing capacity possible, the initiators expressed the ambition of equipping the Dutch Windwheel with advanced technological solutions, some of which are still in their further development stages.

Innovation partners

The development of these technologies is currently in the hands of an innovation consortium composed of Arup, Royal BAM Group, Deltares, Dura Vermeer, ECN, Eneco, Evides, Siemens, SPIE, TNO and the Windwheel Corporation (in which the Rotterdam-based companies BLOC, DoepelStrijkers and Meysters are represented). The goal of the consortium is to drastically improve the quality and sustainability of buildings through the use of climate architecture and advanced technology. The innovation partners are supported by InnovationQuarter, NBTC Holland Marketing, PNO and Rotterdam Partners.

Dutch Windwheel ondertekening green deal

New design

Based partly on the results obtained by the innovation consortium, giant strides forward have been made over the past few months in the iconic building’s design. The principal characteristics of the Dutch Windwheel have been preserved in the latest version of the plan, which was designed under the leadership of DoepelStrijkers and Arup. In addition to this, the building complex will still retain its original functions, including an attraction that consists of cabins (similar to those of a Ferris wheel) that will transport visitors to the highest point of the Dutch Windwheel. The construction aspects have been optimised in the design, and the circular principles for the use of materials and the climate, water and energy systems have been extensively worked out.

Public support

Various public-sector organisations embrace the consortium’s ambitions. The Dutch Windwheel is referred to in the regional Roadmap Next Economy as a supporting project for system breakthroughs The project has been proclaimed a regional ‘field lab’ and both the Rotterdam – The Hague metropolitan region and the Municipality of Rotterdam will be contributing to testing the innovations in the region, with a view to ultimately bringing these to the international market. By signing the Green Deal, the Municipality of Rotterdam, the Province of Zuid-Holland and the Dutch government will be endorsing the potential of the project for the regional economy and employment. The Green Deal comprises the starting point for an investigation into the project’s financial feasibility, its operational possibilities and site-specific requirements.

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The Netherlands Ranks No. 3 on the Global Innovation Index 2017

Global Innovation Index

Each year, the Global Innovation Index (GII) surveys some 130 economies using dozens of metrics that provide a high-level look at innovative activity. Its 81 indicators explore political environment, education, infrastructure and business sophistication. The GII is co-authored by the World Intellectual Property Organization (WIPO), Cornell University and French graduate business school INSEAD.

“Innovation is the engine of economic growth in an increasingly knowledge-based global economy, but more investment is needed to help boost human creativity and economic output,” said WIPO Director General Francis Gurry. “Innovation can help transform the current economic upswing into longer-term growth.”

Innovative Leader in Europe and Globally

Holland is one of 15 European countries among the top 25 global economies on the GII. A press release from WIPO notes, “Europe is particularly strong in human capital and research, infrastructure, business sophistication.”

In addition to ranking No. 3 overall on the GII, the Netherlands ranks first in the following categories: business sophistication, knowledge absorption, intellectual property payments, ICT services imports, and FDI net outflows.

Furthermore, Holland has strengths in human capital and research, infrastructure, market sophistication, and knowledge, technology and creative outputs, indicated the GII.

High Marks in Innovation

Besides ranking highly on the GII, the Netherlands leads other indexes such as the European Innovation Scoreboard and has innovation hubs across the country.

 

Source / InvestinHolland /WIPO

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TU Delft Research Exhibition

Due to TU Delft’s 175th anniversary this year, a total number of 175 projects were on display, giving visitors a taste of all the cutting-edge research and technology that is being developed in Delft. Research projects of all sorts, in a broad range of industries and phases were on display in stands all throughout the university library, with experts and researchers to answer any questions that visitors had.

Eric Smetink (KPN):

Good to see what is going on in this university. I think it is much more geared to finding solutions for real life problems and it also sparks creativity

The TU Delft Research Exhibition was a showcase of innovative ideas and projects, and was also very much about connecting university research with external partners. With more than 1800 visitors from over 400 different organizations, it was a very succesfull event.

Workshop

On the first day of the event, InnovationQuarter and the TU Delft Valorization Team jointly organized a workshop for international companies that had already shown interest in exploring possible cooperation with TU Delft. Antal Baggerman (TU Delft) and Rinke Zonneveld (InnovationQuarter) gave a presentation on the strengths of TU Delft and the West Holland region as a whole.

This side event drew about 20 attendees, mostly high-level officials from American and Asian multinationals that have been present in the Dutch market for a while. After the presentations, the attendees were split up into smaller groups for a personal tour at the exhibition, to visit research projects that might have a link with the activities of their company.

We thank all the participants. We look forward to staying in touch and working together in the near future!

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Above European average

Holland ranks above the European average in all five DESI categories. The country is particularly a leader in fixed broadband, with fast broadband access available to practically every Dutch household. The Dutch are also very well-connected in terms of number of citizens using the internet and their range of online activities. The Digital Economy and Society Index also notes progress in business digitization, ranking sixth in integration of digital technology. In digital public services, the Netherlands ranks third in the EU.

Information technology hotspot

As the most connected country in Europe, the Netherlands is a hub for leading information and communications technology companies. In fact, 60 percent of all Forbes 2000 companies active in the IT industry have already established operations in Holland.

Global IT companies like Microsoft, Cisco, Oracle, Intel, IBM, Verizon and Google have operations in Holland. Businesses such as these take advantage of the country’s unparalleled digital infrastructure and tech-savvy, English-speaking workforce.

For the full annual report from the European Commission that identifies the Dutch as leaders in digital progress, please visit www.ec.europa.eu for more.

Bron: InvestinHolland.com / EC.Europa.eu
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International Robotics Week

Integrating RoboBusiness Europe, TUS Expo and ROS Industrial in one event turned out to be a huge success. For three days, experts in the field of robotics and unmanned systems, and their robots and drones, from all over the world gathered in the Netherlands. The week saw an expo and conference in the World Forum The Hague, tours to labs of the Delft University of Technology and demonstration days in the port of Rotterdam (unmanned harbour) and former airport Valkenburg (drone show). This made clear that the Netherlands has everything needed for robotics companies that want to settle here.

Keynotes

The International Robotics week started on Wednesday, with inspiring keynotes from Kim Liebregts (Tesla Benelux), Noel Sharkey (Responsible Robotics) and Melonee Wise (Fetch Robotics). Wise’s contribution was of particular interest. She pointed out that there are around 1000 robotics start-ups in the world, most of these founded after 2010. Why is that? The answer is open-source robotics (ROS). “Why did this sudden explosion happen? Because of open innovation.” Her company also benefited from ROS.

There are around 1000 robotics startups in the world, most of which were founded after 2010. Why is that?

Sharkey told visitors to think about the ethical aspects of robotics. “We don’t want to sleepwalk into robotics just as we did with the internet.”

Business wise

The IRW is the perfect place for start-ups to present themselves. Prince Constantijn, the startup envoy of StartupDelta, had some advice for them. The preconditions for being successful in the Netherlands are present, but it is not enough to just have a good product. To give this product a place in the market, you have to be ‘business wise’: you need to surround yourself with people who have a sense of enterprise.

Constantijn also visited the RoboValley pavilion, where various startups were gathered together: Delft Robotics, CropZoomer, Clear Flight Solutions, SeaDrone, Robot Care Systems, Robot Security Systems, Robot Engineered Systems, Vectioneer. Also present were the student DreamTeam: Project MARCH, ImProvia and the Care-o-bot from Fraunhofer / Unity Robotics. During the startup event, AeroVinci announced they received a subsidy of € 300.000,-. This allows them to further develop the dronedock technology.

Portal: connect.robovalley.com

During the IRW, we also launched the beta version of connect.robovalley.com: ‘your compass in the world of robotics’. Connect.robovalley.com offers a single place for companies to find the latest news, insights and reports on robotics.

RoboValley Foundation Dinner

Networking is an important part of a large congress. Because of this, the organisation was happy that the city of Delft and InnovationQuarter enabled us to host the first RoboCafé NL in the old town hall of the city of Delft on the first evening of the event. Futurist Aseem Prakash delivered an inspiring presentation, the historical ambience took care of the rest.

A day later, they organised the RoboValley Foundation Dinner in our own offices. The Dutch robotics sector was present, as were several international guests. They were, amongst others, addressed by Delft University of Technology’s rector magnificus Karel Luyben, Aimee van Wynsberghe and Guszti Eiben.

‘Golden Age of Nerds’

“We are living in a golden age of nerds”, concluded comedian Pep Rosenfeld during the closing keynotes a day later. He is right. During the IRW, it became clear how much is happening in the field of robotics and how fast developments are moving. “Robotics and AI are all about possibilities”, said Prakash during his keynote. “Possibilities that humans never have experienced before.”

“Robotics and AI are all about possibilities”

There was room for ethical issues during the closing keynotes. Irakli Beridze of the United Nations Interregional Crime and Justice Research Institute told us what the UN is doing in the fields of robotics and AI. Beridze and his organisation have settled in The Hague because of the presence of the Responsible Robotics Foundation. “By joining forces, we want to make this a city of ideas and global policies related to AI and robotics.”

“Over the past few years, we have built a global platform for organisations and people involved in robotics”

RoboValley Platform

RoboValley’s Managing Director, Arthur de Crook, thanked everyone at the end of the IRW. He explained the importance of the event for RoboValley. “Over the past few years, we have built a global platform for organisations, researchers and governments involved in robotics. But we also really wanted to create a moment to show this platform to the world. This moment was the International Robotics Week.” Robotics can contribute to solving the grand societal challenges. This is why it is important to create the next generation robotics. “So we can embrace the future for the good.”

Source / RoboValley

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Brexit seminar

During this seminar, several experts shared their views on important aspects of Brexit. Jeroen Nijland (NFIA) and Jurriaan Kalf (Rabobank) elaborated about its impact on the economy and more specifically foreign direct investment.

Wilco Heiwegen (evofenedex) spoke about the possible impact for importing and exporting companies and how the Brexit will affect international trade and Liam McCloy (FleishmanHillard Fishburn) gave his expert view on the UK politics and the different perspectives on both sides of the pond. Last but not least, Rem Korteweg (Clingendael) gave a remarkable overview of the complexity of the upcoming negotiations and the pitfalls that might be ahead.

Brexit - how does it affect your business - Liam McCloy - CIC Rotterdam 760x680

Liam McCloy, FleishmanHillard Fishburn (part of Omnicom PR Group) at CIC Rotterdam

Program

  • 15:00 – 15:15 hrs Reception at 7th floor
  • 15:15 – 15:20 hrs Welcome by Chris van Voorden (InnovationQuarter) and René Hanssen (Rotterdam Partners)
  • 15:20 – 15:30 hrs Opening by Jeroen Nijland (Commissioner of the Netherlands Foreign Investment Agency – NFIA) ‘Brexit and its relation to FDI in The Netherlands’
  • 15:30 – 15:50 hrs Presentation by Jurriaan Kalf (Country Risk Analysist, Rabobank)
    ‘Investing in Europe after Brexit’
  • 15:50 – 16:10 hrs Presentation by Wilco Heiwegen (Trade Advisor – evofenedex)
    ‘Brexit: impact on trade and logistics’
  • 16:10 – 16:30 hrs Presentation by Liam McCloy (Public Affairs Expert – FleishmanHillard Fishburn) ‘Politics of Brexit and how organisations deal with its impact’
  • 16:30 – 16:50 hrs Presentation by Rem Korteweg (Senior Research Fellow at Clingendael)
    ‘The pittfalls in the Brexit talks’
  • 16:50 – 17:15 hrs Panel Discussion (+ Q&A)
  • 17:15 hrs Networking opportunity at Venture Café Rotterdam’s weekly gathering

Need assistance?

We hereby would like to thank all the speakers and attendees for an interesting afternoon, and CIC Rotterdam for the great venue and networking opportuniy at Venture Café Rotterdam. If you missed the event, but would like to learn more, feel free to reach out!

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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).