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InnovationQuarter participated in the ‘Holland Pavilion’ during the Paris Air Show.

Holland Pavilion at Paris Air Show

Organizer of the Dutch stand was the Netherlands Aerospace Group (NAG), a trade association that supports the Dutch Aerospace and Airport Development sector. Suppliers to the aerospace sector, like Airborne Composites from The Hague, were present in the pavilion as well as some dominant aerospace regions in The Netherlands. These regions focus predominantly on Maintenance, Repair and Overhaul (MRO) of aircraft, whereas the West Holland region has a strong emphasis on Research & Development, Design & Engineering and Manufacturing.

InnovationQuarter participated in the ‘Holland Pavilion’ during the Paris Air Show.

Dutch aerospace sector

Therefore, the West Holland region offers added value to the Dutch aerospace sector and is now part of the five most dominant aerospace regions in The Netherlands. More information is available in the brochure that was developed for the Paris Air Show, in which the 5 regions present their own distinctive strengths. If you would like to know more about the Aerospace sector in West Holland please have a look at this infographic with our 10 reasons to invest in this region.

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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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Een zachte landing voor VSParticle in de California Bay Area

A ‘deep dive’ into the network

VSParticle, a spin-off of TU Delft, is currently in the San Francisco Bay Area on a visit to CITRIS, an institute affiliated with the University of California. CITRIS is headquartered on the UC Berkeley campus and has bases in other locations.

The Soft Landing Program has put VSParticle in touch with top scientists in the field of Life Sciences & Health, Sensors and Microelectronics. A demonstration of VSParticle’s ground-breaking innovation at the world-renowned Marvell Nanolab is an important part of the Program.

In addition to forging valuable links in the University of California ecosystem, VSParticle is also using the Soft Landing Program to establish and follow up useful contacts that can help the company move forward in entering the US market.

Vincent Laban, CFO of VSParticle: “The Soft Landing Program has brought us in contact with the best researchers in nanotechnology and is helping us discover what issues they face and how our technology can make a difference. It will help us sharpen our business case and entry strategy for this market.”

Soft Landing Program with Digital Health Bootcamp 2018

Through the Soft Landing Program, InnovationQuarter and its partners provide a platform to companies that are serious about expanding in the US and want to test the ‘market fit’ of their product. The Program is low threshold, offers a lot of customization and gives companies the opportunity to follow up favorable contacts as well as develop and test a market-entry strategy.

The current program round has now ended. We will kick off the next round in November this year, and this will run until March 2018. This year’s edition will be preceded by a Digital Health Entrepreneurship Bootcamp, which is aimed at companies wishing to develop and fine-tune their US strategy. The Bootcamp is a potential springboard for the Soft Landing Program, but it will also be expressly open to entrepreneurs that are still exploring market opportunities in the US.

A soft landing for VSParticle in the California Bay Area

About VSParticle

VSParticle helps researchers and industrial parties create new materials from nanoparticles, with applications in Life Sciences & Health, Catalysts and Microelectronics. The TU Delft spin-off develops nanoparticle generators and sample preparation systems designed to make particles ranging in size from single atoms to 20 nm in diameter. VSParticle systems make it possible to perform rapid iterations in material research and reduce costs and waste streams in industrial applications. VSParticle is part of the YES!Delft incubation program in Delft.

Would you like to know more?

More information about the current Soft Landing Program can be found on: siliconvalley.hub2hub.biz.

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West Holland doing business with China

Doing business with China

The purpose of the mission was sharing the regional knowledge, strengthening economic ties and the acquisition of Chinese companies to invest in Zuid-Holland. The economic and trade mission focused on the sectors horticulture, sustainable urban development, water and soil. The delegation visited Beijing, Shanghai, Shijiazhuang and Dezhou.

Beijing

In Beijing Mr. Jaap Smit has visited the companies Elion Group and Twenty First Century Aerospace Technology (21 AT). Elion group is planning to set up an R&D center in the Netherlands. they also intend to invest in a Dutch company. The chairman Mr. Wang shared his business strategy with the delegation.

21 Century Aerospace has the intention to set up a European headquarters in the Netherlands, London or Paris. Mr. Smit welcomed the company to invest in the Province of Zuid-Holland with the help of InnovationQuarter and The Netherlands Foreign Investment Agency (NFIA).

In Beijing the City of Westland also visited the headoffice of IEDA Agrigarden – a current investor in Westland and the academic horticulture institute CAAS.

Dezhou

In Dezhou InnovationQuater supported the city of Westland  to establish an economic sister relationship with the City of Dezhou. Last year September a provincial delegation already visited Dezhou to kick of a Dutch greenhouse project. The Mayor of Dezhou, Mr. Chen Fei clearly indicated that they would like to strengthen cooperation with Municipality of Westland and Dutch Horticulture companies.  Hoogendoorn has offered a first pilot system to Dezhou.

Shijiazhuang

In Shijiazhuang the 10 years relationship between the province of south Holland and Hebei province was celebrated. Mr. Xu Qin, the new governor of Hebei province met Mr. Smit. They both emphasize to bring the relationship to the next decades.

21 Century Aerospace has the intention to set up a European headquarters in the Netherlands

Business event in Shanghai

The highlight of the mission was a business event in Shanghai. InnovationQuarter teamed up with Province of Zuid-Holland, Invest Shanghai, NFIA and Rotterdam Partners to jointly organize ‘China – Netherlands Economic Cooperation Forum’ on 6 June in Shanghai.

Over 170 Chinese entrepreneurs attended the event, during which a number of Dutch and Chinese high officials and companies presented and with lots of time for networking. During the event, InnovationQuarter signed a MOU with the PQI Group.

During the China - Netherlands Economic Cooperation Forum, InnovationQuarter signed a MOU with the PQI Group

PQI Industrial Technology Group is a leading innovative company. They are the pioneer in innovative sectors and invest in innovative industrial developments.  The group has a registered capital of 500 million yuan. The total number of employees is about 1100 people, with a turnover of turnover of about 2.6 billion yuan in 2016. PQI Group includes more than 20 holding companies. They are active in a number of sectors: urban space operations (incubator, science park, typical town), Internet technology, robotics and smart intelligence, auto parts, investment, culture and education.

PQI Group has the intention to establish a B.V. in the Netherlands (Zuid-Holland), with the assistance of InnovationQuarter. They will use this new Dutch entity as a European base  for amongst others the scouting of Dutch and European innovative companies to invest in.

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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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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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CIC, for the innovators

CIC, founded by CEO Tim Rowe in 1999, is an American company with the mission to ‘fix the world through innovation’. CIC creates premium work spaces and communities within them that help entrepreneurs innovate better and faster. Globally, CIC locations are currently home to almost 1.500 businesses, that have collectively raised more than €3B in venture capital and have had more than €3.6B in publicly disclosed exits.

CIC Rotterdam

CIC Rotterdam officially opened in September 2016, and has since built a growing community of innovative businesses in the center of Rotterdam, most of them startups. Close to a quarter of the companies at CIC Rotterdam focus on tech, with energy/sustainability and health/life sciences being the next two largest industry focuses.

Melissa Ablett, General Manager, CIC Rotterdam:

It is phenomenal to see the growing group of entrepreneurs at CIC, how they interact and help support each other, and the wide array of ideas they’re bringing into the world. We chose Rotterdam because we saw, and continue to see, the incredible innovation capacity of this city.

Startup Facilitator

Together with sister non-profit organization, Venture Café Rotterdam, CIC Rotterdam is a Startup Visa Facilitator and home to a growing number of international startups and businesses. More than 10% of CIC’s companies are headquartered outside of the Netherlands, or are founded by international entrepreneurs. Marie-Caroline du Reau, General Manager – Benelux for GE Healthcare commented:

We are choosing to locate at CIC because it’s globally connected,” “You can connect to the local community of innovators here, but also to the rest of the world.

The startup DashTag – an AI enabled bot and wearable that brings FIFA like games stats to every soccer player – was also attracted to CIC for its global connection. “After fundraising, and with international ambitions, this really feels like the right community for us,” said CEO Epco Berger of DashTag. “We’re looking to scale globally and we feel this is the right place to help us do that.”

CIC Rotterdam grows to over 100 innovative companies

Venture Café

Venture Café Rotterdam has also been growing rapidly. Venture Café’s mission is to connect innovators to make things happen, which they do through their weekly Thursday gathering that is free and open to the entire innovation community, and is the largest in Rotterdam. Through this and other national and regional initiatives Venture Café offers a neutral platform where impactful innovation connections are made. All in support of building next economy communities, accelerating innovation, connecting to the global network and providing access to capital and resources.

In 2016, Venture Café Rotterdam welcomed close to 12.000 attendees to their weekly event, and in 2017, every Thursday is already seeing an average of more than 300 attendees.

In 2018, CIC Rotterdam plans to open another 4.000m2 of space in the Groot Handelsgebouw and to ultimately grow to 12.000m2, housing 500 companies. “Our eyes are on the future,” said Marcus Fernhout, founder of CIC Rotterdam. “Our vision is to create a thriving innovation district here in the center of Rotterdam. We’re on our way.”

 

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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).