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Sterke groei buitenlandse bedrijven in Zuid-Holland / RDM Rotterdam
RDM Rotterdam

Most investments are from China and the United States

Most foreign companies that made a new or expansion investment in West Holland in 2017 came from China (27) and the USA (21). In recent years, the majority of firms investing in the region have come from these two countries.

Chinese companies that have set up business in West Holland include Nuctech (a security company with its European head office in Rotterdam), Astronergy (marketing and sales office for solar panels in Zoetermeer) and ZoneCom (active in the gaming sector, with its European head office in The Hague).

Major names from the US include Cisco (establishment of a local branch in The Hague), Rambus (expansion of its office and activities in Rotterdam) and DXC Technology (new Dutch head office in Rijswijk).

Sterke groei buitenlandse bedrijven in Zuid-Holland / Skyline Den Haag
Skyline Den Haag (© Arjan de Jager)

New countries of origin, new sectors

What is striking about the figures for 2017 is the strong growth in the number of companies from India and South Africa. Eight companies from India and five from South Africa chose West Holland as their base in the Netherlands.

Also noteworthy in recent years has been the growing presence of firms active in the Next Economy. This includes a significant number of young tech companies that have made West Holland their base due to the region’s strong innovation ecosystem. No fewer than 27 of the 115 newly-established foreign firms in 2017 operate in the high-tech and IT sectors, followed by 14 in the maritime/offshore sector, 11 in life sciences & health and 10 in safety & (cyber)security.

Investor Relations programme: 289 companies visited

In addition to attracting new companies, The Hague Business Agency, Rotterdam Partners and InnovationQuarter also actively support foreign firms that have already set up business in the region. This is part of the national Investor Relations programme, which is partly financed by the Dutch Ministry of Economic Affairs and Climate Policy, the Rotterdam The Hague Metropolitan Region (MRDH) and the Province of Zuid-Holland. In 2017, the three acquisition partners visited a total of 289 companies through the programme.

Sterke groei buitenlandse bedrijven in Zuid-Holland / Leiden Bio Science Park
Leiden Bio Science Park (© Hielco Kuipers)

Successful cooperation on acquisition in West Holland

Attracting and retaining foreign investment is of great importance to West Holland and the Netherlands, not least in terms of economic growth and job creation. The 115 international companies supported in 2017, for example, are expecting to create 1,986 new jobs within three years and to secure 366 existing jobs. These companies are jointly investing 543.79 million euros in the region.

The 115 investment projects are the result of a joint effort by the regional agencies Rotterdam Partners, The Hague Business Agency and InnovationQuarter in association with the Netherlands Foreign Investment Agency (NFIA), an operational unit of the Ministry of Economic Affairs and Climate Policy, and strong clusters such as Medical Delta, Maritime Delta and The Hague Security Delta. The acquisition partners have been collaborating closely since 2014, both strategically and in practice, and have achieved great success. Over the last three years, the number of projects implemented in cooperation with the NFIA has risen by no less than 76% (*). Moreover, 31% of all foreign companies that established themselves in the Netherlands during 2017 opted for West Holland, well above the region’s share in the national economy. In 2014, it was 20%.

 

* This concerns the projects completed by Rotterdam Partners, The Hague Business Agency and InnovationQuarter in collaboration with the NFIA (Netherlands Foreign Investment Agency).

 

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World Horti Center
Photo: Richard Kok Lentiz Onderwijsgroep

World Horti Center

All the links within the horticulture chain – around 100 companies – exhibit the latest innovations and development all year round in the World Horti Center. Practical education on MBO (secondary professional education), HBO (higher professional education) and university levels are offered in the heart of the sector. Students at all levels come in contact with a multidimensional career in horticulture.

Schools and business carry out research in sustainable applications in order to respond to worldwide issues such as food security, food safety, water management, sustainability and health.

As a showcase of the horticultural sector, the centre expects around 25,000 professional local and international visitors annually and it serves as a breeding ground for new initiatives, such as HortiHeroes, an incubator and talent programme for the sector.

Anne-Claire van Altvorst, Senior Business Developer Horticulture at InnovationQuarter, was also closely involved in the further development of the center:

The iconic World Horti Center embraces the entire Dutch greenhouse horticulture sector under one roof. The innovation of worldwide glasshouse horticulture takes place mainly in West Holland. And from now on we will tell this to the whole world!

InnovationQuarter’s Business Developer Colinda de Beer provided a workshop on blockchain in the horticultural sector during the opening.

 

Source / World Horti Center

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YES!Delft en UtrechtInc bij internationale top universitaire bedrijfsincubators

World Top Business Incubator

This year, UBI global defined 4 categories. YES!Delft and UtrechtInc were respectively ranked 2 and 10 in the category: World Top Business Incubator – Affiliated with University. In 2015 YES!Delft ranked 9th on the global list.

This result proves that our programs really are of world class. With our Discovery Track, Validation Lab and Accelerator program we help startups grow successfully within 9 months from business idea to investor-ready.
~ EJ Lugt, Managing Director at YES!Delft

UtrechtInc

UtrechtInc also maintains a top position on the international international list by UBI Global and is glad to receive this recognition. Managing Director Jorg Kop: “We offer supporting programs to researchers of Utrecht University and UMC Utrecht to bring research to the market. This way, we contribute to the valorization of scientific knowledge and making this publicly accessible.” Since 2009 the incubator supported 184 startups.

Proud

Startup Envoy Prince Constantijn at StartupDelta congratulates YES!Delft and UtrechtInc. “Incubators and accelerators can play a crucial role in the valorization of scientific data and supporting academic startups. The universities of Delft and Utrecht must be proud of the successes of YES!Delft and UtrechtInc, who are contributing immensely to the Dutch startup and scale-up ecosystem.”

Research

Every two years UBI Global, a renowned Swedish research- and advicebureau in the field of business incubation, conducts research amongst 500 incubators and accelerators in over 70 countries. An example of a selection criteria are the accessibility to capital and economic impact of the incubators. In 2016, the 259 participating programs supported over 10.000 startups in total, research shows. The total number of employees was 72.000. In the past 5 years, the startups raised a total of 4,7 billion euros and had a total of 3,2 billion in revenue.

The ranking list was announced at the World Incubation Summit in Toronto (CAN). Curious for the entire global ranking? Please visit www.ubi-global.com.

 

Source / YES!Delft

 

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Attractive business climate in the Netherlands

Minister of Economic Affairs and Climate Policy, Eric Wiebes, commented: “The presence of foreign companies is important for our country. Some 1.4 million Dutch people have a job directly or indirectly thanks to these companies. The excellent annual NFIA results confirm that we benefit from a good investment climate. Our highly educated population, good infrastructure, pleasant housing and living conditions and competitive fiscal climate attract foreign companies and employees. For our future economic growth and employment it is important that the Dutch business climate remains attractive. We all benefit from that. ”

Sigrid Kaag, Minister for Foreign Trade and Development Cooperation, under whose responsibility the NFIA falls as well, commented: “The Netherlands has an attractive business climate, and the Dutch economy is in good shape. Also, with a view to Brexit, there is increasing interest from international companies to move activities to the Netherlands or to establish themselves in the Netherlands. It is therefore important that the NFIA, Dutch embassies and consulates overseas continue to put the Netherlands on the map abroad.”

Distribution centers and headquarters

Within the Invest in Holland network, the NFIA was directly responsible for 8,158 of the 12,686 jobs. In 2017, the NFIA registered 224 foreign direct investment projects for the Netherlands, corresponding to 1.23 billion euros in investments. The NFIA results show that most new jobs were created in distribution centers (1,864), at headquarters (1,345), in marketing & sales offices (1,316), R&D (1,259) and production sites (1,081). To illustrate, Netflix expanded its European headquarters in Amsterdam with a customer contact center of 400 jobs. Merck Performance Materials invested 15 million euros in its production plant for so-called liquid crystal glass in Veldhoven. Meanwhile, Japanese gelatin producer Jellice expanded its production plant in Emmen, resulting in 25 additional jobs.

US companies lead employment creation

As in 2016, the majority of ‘foreign’ jobs were created by companies from the United States. NFIA results for 2017 indicate some 2,516 jobs created by US companies, bringing 110 million euros in investments.  Companies from within Europe also provided a substantial number of jobs (2,879), including the UK (872). Japan and India provided 655 and 423 jobs, respectively.  Majority of jobs from foreign investments in 2017 came from creative industries such as fashion and entertainment & media (2,126). Additional jobs by sector include agrifood (1,788), IT (1,219), life sciences & health (600) and business services (457).

Brexit

Within the Invest in Holland network, including West Holland acquisition partners The Hague Business Agency, Rotterdam Partners and InnovationQuarter, special attention was on Brexit last year. The NFIA is in contact with more than 200 foreign companies that are considering a switch to the Netherlands in the wake of Brexit. Many companies choose to wait before they announce their plans for the future, due to the lack of clarity about the new relationship between the UK and the EU. In 2017, 18 companies made a Brexit-related move to the Netherlands. These re-locations accounted for 483 jobs and 19 million euros added to the Dutch economy. In these results, the relocation of the European Medicines Agency (EMA) to Amsterdam is not yet included.

 

Source / NFIA

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Recordaantal buitenlandse bedrijven investeren in Den Haag

FMost investments are from China and the United States

With 14 companies, China proved to be the largest investor in The Hague again last year. However, the extra efforts of The Hague Business Agency and InnovationQuarter to attract companies from the United States, the United Kingdom and India in particular paid off in 2017. Some 11 US firms chose The Hague as a base for business, while six companies from the United Kingdom invested in the city and no fewer than five Indian enterprises opened a new branch here.

Deputy Mayor Karsten Klein (Economic Affairs, Harbours, Welfare and Health): “The Hague has made great strides in recent years to raise its international profile as an attractive business destination. New partnerships with the Indian states of Karnatarka and Telangana, as well as the collaboration between our acquisition partners and other partners within the city, have contributed to this. There has been an immediate and visible growth in investments from this country, which will ultimately result in more jobs for the city.”

Record number of foreign companies invest in The Hague

IT, Tech, Cybersecurity and Energy

The Hague is very popular with companies in the IT, Tech and Cybersecurity sectors. LeoSat, a US tech firm, opted for The Hague and starting in 2019 is slated to be the first company in the world to offer low-latency, long-distance data traffic using optical inter-satellite connections.

The Indian company Krypc Technologies, a fast-growing international supplier of blockchain platforms, and the US cybersecurity business Dtex Systems, which develops unique software for detecting threats from the inside and infiltration from outside, both chose The Hague as the location for their European headquarters. In addition, the Danish energy company Ørsted (formerly Dong Energy) chose The Hague as a base from which to prepare the construction of wind farms in the North Sea.

These developments serve to boost the city’s role in vital sectors, such as Energy, IT, Tech and Cybersecurity, and have a knock-on effect by making The Hague even more attractive to foreign companies looking to invest.

Deputy Mayor Saskia Bruines (Knowledge Economy, International Affairs, Youth and Education):  “Our policy of stimulating the knowledge infrastructure as well as encouraging close cooperation between educational institutions and the business community are clearly having a positive impact. The focus on innovative economic sectors is already resulting in extra jobs. We are also working hard on strengthening the peace and justice and security clusters by internationally raising the profile of the city in these sectors and emphasising their economic added value.”

Blockchain platform provider KrypC Technologies opens its European office in The Hague

Krypc Technologies / from left to right: Mark Beermann, Danny Frietman (Enterprise Summit), Karsten Klein (Deputy Mayor for Economic Affairs, Harbours, Welfare and Health), Venu Rajamony (Ambassador of India), Ilja van Haaren (The Hague Business Agency), Chris van Voorden (InnovationQuarter) and Paul de Kroon (34 Capital).

International city of Peace, Justice and Security

More International organisations and NGOs are also finding their way to The Hague, international city of peace, justice and security. In 2017, the Department of International Affairs (Bureau Internationale Zaken, BIZ) in collaboration with The Hague Business Agency helped UN OCHA and International Alert set up office in The Hague.

UN OCHA is a data centre for collecting and analysing information on people affected by natural disasters and humanitarian crises. The non-governmental organisation International Alert was established to help people in conflict zones find peaceful solutions.

Additional jobs for The Hague

The Hague’s appeal as a business city is increasing. In addition to the companies that were actively supported by the acquisition partners mentioned above, other international firms have also opted for The Hague. AstraZeneca, a biopharmaceutical firm with its international head office in the United Kingdom, moved 200 people from Zoetermeer to The Hague, while the British company Merlin Entertainments confirmed The Hague as the location for a Legoland Discovery Centre. This tourist attraction is expected to open its doors to the general public in 2019.

Cooperation in The Hague region

Attracting foreign investment is of great importance to The Hague as well as to the Netherlands. It contributes to economic growth and creates jobs. The 54 investment projects are the result of a joint effort by The Hague Business Agency and InnovationQuarter in association with the Netherlands Foreign Investment Agency (NFIA), an operational unit of the Ministry of Economic Affairs and Climate. As ‘Invest in Holland‘ partners, the two acquisition partners support the City of The Hague in profiling the region internationally as an economically attractive business location. Have a look also at the NFIA results 2017.

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The Netherlands in Top 10 in Global Talent Competitiveness Index 2018

Global Talent Competitiveness Index 2018

The human factor is the most critical resource for national competitiveness. Launched in 2013, the Global Talent Competitiveness Index (GTCI) is a benchmarking tool for governments, cities, businesses and not-for-profit organisations to help design their talent strategies, overcome talent mismatches and be competitive in the global marketplace.

The annual index assesses policies and practices that enable countries and cities to attract, develop and retain both ‘technical/vocational skills’ and the ‘global knowledge skills’ associated with innovation, entrepreneurship and leadership.

The GTCI 2018 edition found that the Top 10 countries have several key characteristics in common and share one major feature: they all have a well-developed educational system providing the social and collaboration skills needed for employability in today’s labor market. Other characteristics in common between the top-ranking countries include a flexible regulatory and business landscape; employment policies which combine flexibility and social protection; and external and internal openness.

GTCI 2018 - Top countries and cities ranking in talent competitiveness

The Netherlands ranks 9th

European countries continue to dominate the rankings, taking eight of the Top 10 spots:

  1. Switzerland
  2. Singapore
  3. United States
  4. Norway
  5. Sweden
  6. Finland
  7. Denmark
  8. United Kingdom
  9. Netherlands
  10. Luxembourg

Top 10 cities

In the cities portion of the index, eight out of the Top 10 ranking cities are located in Europe. As in the case of countries, over time, higher GDP levels naturally lead to higher technology penetration, creating ecosystems with better quality education, business, healthcare and infrastructure.

  1. Zurich, Switzerland
  2. Stockholm, Sweden
  3. Oslo, Norway
  4. Copenhagen, Denmark
  5. Helsinki, Finland
  6. Washington DC
  7. Dublin, Ireland
  8. San Francisco
  9. Paris
  10. Brussels, Belgium

The Dutch cities Amsterdam, The Hague and Rotterdam ranked respectively 11th, 27th and 34th.

Diversity for Competitiveness

In addition to the talent competitiveness ranking, this year’s report investigated the theme of ‘Diversity for Competitiveness’. The report found that diversity is not an end in itself, but must always be accompanied by a culture of inclusion in order to flourish and have real impact.

“Focusing on diversity and inclusion is crucial to overcome the fractures and inequalities of our age,” said Adecco Group CEO Alain Dehaze. “This means nurturing a culture of inclusion, starting at home and school, fighting bias and developing social and collaborative skills, which are key to unleash the power of work and will make the future work for everyone.”

 

Source / GTIC, Staffingindustry.com

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Forbes names the Netherlands No. 3 Best Country for Business

Forbes about the Netherlands

As the sixth-largest economy in the European Union, Forbes reports: “[the Netherlands] plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and low unemployment.” Holland was also among the best countries for technology and innovation.

Inside the Ranking

Forbes determines the Best Countries for Business by rating 153 nations on 15 different factors. Those include property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection. Each category is equally weighted.

In addition to the general list, the Netherlands also ranked highly among best countries for personal freedom, technology, innovation, and property rights.

Forbes has rated the business friendliness of the world’s biggest economies annually for the past 12 years. Have a look at the full report at www.forbes.com.

 

Source / Invest in Holland

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ECE's Scale-up Dashboard 2017

Scale-ups in the Netherlands

The Scale-up Dashboard 2017 shows that:

  • The number of scale-ups in The Netherlands has increased to 3237. This means that the number of scale-ups increased by 5.4% in the past year compared to the previous year.
  • The number of startups becoming scale-ups rises tremendously. Over the past two years, this has increased by no less than 220%. One in ten scale-ups in the Netherlands arise from a startup.
  • Top sectors count relatively many scale-ups. The top sectors Energy, High-tech and Life Sciences & Health are at the frontrunners.
  • An increasing number of companies in the Netherlands are hardly, if at all, growing. Almost a third of Dutch companies are even shrinking.

ECE's SCale-up Dashboard 2017, the statistics

More startups become scale-ups

Prof.dr. Justin Jansen: “The Scale-up Dashboard is the first list that truly takes into account and measures all companies in the Netherlands with more than 10 FTE. There are more lists about scale-ups available, but those give limited insights because companies have to register themselves or the lists are focused on specific sectors. Insight in which companies truly belong to the Top of scale-ups is missing and that is what we hope to achieve by creating and launching this Top 250 Scale-ups (Top 250 Groeibedrijven) – of over 3000 scale-ups – in the Netherlands.”

“Although more and more startups are making the step to scale-up, considerable efforts are still needed to keep countries like China, Israel and America up and running”, says Prince Constantijn van Oranje, special envoy of StartupDelta. Find out what he has to say more about the current position of startups and scale-ups in the Netherlands and the research findings (interview BNR in Dutch).

Interested? Have a look at the preview above or request the Scale-up Dashboard 2017 via www.ece.nl. A similar dashboard (in Dutch) is available for scale-ups in Zuid-Holland.

 

Source / ECE

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The Netherlands in Top 10 on IMD World Talent Ranking 2017

The Netherlands in Top 10

The prestigious annual IMD World Talent Ranking assesses the methods countries use to attract and retain the talent their businesses need to thrive.

Europe continues to dominate the 2017 list, with 11 out of the 15 most talent competitive economies based on the continent, after a strong performance in 2016. Switzerland, Denmark and Belgium remain the most competitive countries in the 2017 IMD World Talent Ranking. Austria, Finland, Germany, Luxembourg, the Netherlands, Norway and Sweden make up the Top 10.

IMD World Talent Ranking

The annual IMD World Talent Ranking report covered 63 countries and assessed the methods the countries adopted to attract and retain talent. The rankings are based on a country’s performance in three main categories: investment and development, appeal, and readiness. The Netherlands was ranked 3rd, 7th and 15th on these terms, respectively. The three categories assess how countries perform in a wide range of areas. These include education, apprenticeships, workplace training, language skills, cost of living, quality of life, remuneration and tax rates.

It is European countries’ outstanding education systems that set them apart from the rest of the pack. On average, each has a high level of investment in education accompanied by a superior-quality educational system, from primary to tertiary levels. This allows them to develop local talent and at the same time attract foreign, highly-skilled professionals, which many European businesses rely upon to perform.

The Netherlands in Top 10 on IMD World Talent Ranking 2017 (page 73)

The Dutch score

The Netherlands entered the Top 10 and is in 6th place in the IMD World Talent Ranking 2017.

The Netherlands ranked 3rd in the investment and development category, with a strong performance in health infrastructure (2nd) and its effective implementation of apprenticeships and the prioritization of employee training (both 6th).

The country ranks 7th in appeal, mostly because of the well-educated and skilled people (3rd), a  high quality of life (5th) and a high worker motivation (5th). The Netherlands is also ranked first for language skills.

 

Source / IMD

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Get in the Ring the Netherlands 2017

© Marco De Swart

Get in the Ring

Get in the Ring the Netherlands is organized by the Erasmus Centre for Entrepreneurship (ECE) and supported by the City of Rotterdam and EY. The event took place for the fifth time in Rotterdam and is part of the Global Entrepreneurship Week, a week in which thousands of events take place worldwide that focus on entrepreneurship.

The startups are looking for customers and strategic partners for the growth of their company. ”There are a lot of opportunities for this during Get in the Ring Netherlands. The 70 multinationals and governmental organizations present are happy to be available as customers, suppliers or partners ” says Martin Luxemburg, director of the ECE. Based on requests from the startups, more than 600 speed dates with the participating organizations took place on Thursday. The effect of these conversations appears to be significant; 65 percent of the speed dates result in a follow-up conversation that in some cases even leads to a collaboration.

“It is still too early to say to which collaborations the conversations of this year will lead, but the City of Rotterdam is a nice example. Based on their participation with Get in the Ring last year the City of Rotterdam has started a project with a startup in solar panels that have been placed at test locations in the city” says Martin Luxemburg.

For the startups the speed dates were not the only activity; they were also challenged to qualify for the evening program to ascend the stage and to pitch their startup for a 700-strong audience (read: possible customers, partners or talent) in the ring. No competition without jury members, this year the Champion jury members were the founder of international software company WeTransfer; Bas Beerens, founder of scale-up YoungCapital; Rogier Thewessen, and entrepreneur Janneke Niessen.

Startups Kozie, LABFRESH en Convious winnen Get in the Ring Nederland

And the winners are…

The startups do not step in the ring alone, but will compete against an opponent in their own weightclass. Dementia technology startup Kozie took the win in the lightweight category against SeraNovo. Kozie develops multi-sensor technology that enhances the perception of people with dementia, so that demented people can recover memories from their childhood through a music pillow or music rug. The middleweight winner is LABFRESH after a strong pitch battle against Somnox. LABFRESH sells clothing of a special material that does not stain and smell. The heavyweight winner Convious offers a platform where people can buy tickets and determine the price themselves. Convious was in the ring against Felyx. The three winning startups receive a ticket to the Global Meetup of Get in the Ring. In addition, they receive 1 year access to the EY Finance Navigator. This Finance Navigator is the first corporate startup of EY and was launched yesterday during the event.

Get in the Ring The Netherlands is part of a worldwide network of the Get in the Ring Foundation, which annually organizes 150 events in 100 countries. The winning startups of all these events worldwide will meet in Cascais, Portugal, from 30 May to 1 June, during the Global Meetup of Get in the Ring. Entrepreneurs, investors and corporates can join the Global Meetup, which is entirely dedicated to establishing international connections.

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YesDelft-en-ECE-join-Forces

With two world-leading universities on technology and business only 15 minutes apart it is a no-brainer to combine this mutual power into one programme. The joint programme consists of the existing Get Started programme offered by ECE and the Validation Lab programme from YES!Delft that have been running successfully for several years.

So what is the main difference between startups from Delft and Rotterdam? “The main difference we see is at the starting point of the entrepreneurial venture. Most aspiring entrepreneurs from Delft start off with a technological solution and seek for the right problem and market. Entrepreneurs from Rotterdam are good at building businesses, but ideas are mostly born by a personal frustration” states Martin Luxemburg, director at ECE. The purpose of the program is to guide these nascent entrepreneurs in the process of finding the right product-market fit with experienced coaches and mentors guiding them through this journey.

“If you would have taken a look at Coolblue or Rituals 10 years ago, you wouldn’t necessarily call them innovative. But taking a look at them now, these companies are leading scale-ups in the Netherlands, both disrupting their markets through business model innovation.“ This unique collaboration between YES!Delft and ECE will provide advantages for the high-tech startups to start their venture in a business-minded environment and vice versa.

EJ Lugt, director at YES!Delft sees other opportunities as well: “A potential spin-off of the program could be that teams from Delft and Rotterdam join forces. Research from the Erasmus University Rotterdam shows that the chances of success are higher when teams consist of people with different backgrounds.” Good examples are Senz Umbrella and Magnet.me, both consisting of founders from TU Delft and Erasmus University Rotterdam. “One of the side-effects of the program could be the creation of more of these mixed teams, and thereby increasing the likelihood of success of these startups. The expectation is that by educating the entrepreneurs in this way and connecting them to each other, they are better able to take on (social) challenges successfully and so contribute to the Sustainable Development Goals; one of the focus points of both universities.”

Source / YES!Delft

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West Holland's international business community joined InnovationQuarter's LINQ

On the menu

During the interactive breakout sessions, we showcased innovations of the West Holland based companies below. Click on the company name for additional information. Feel free to contact or introduce these innovative entrepreneurs to relevant (business) contacts.

  • Laevo’s innovative Exoskeleton
  • InteSpring‘s exobuddy for military of the future
  • LetsGrow, a smart platform to analyze cultivation related data
  • AvioniCS, autopilot technology on drones
  • IMSystems, groundbreaking development in speed reducer technology
  • Indymo’s submarine drone to monitor water quality
  • VSParticle’s nanoparticles, the building blocks of the future
  • De Kompaan, craft beertasting of The Hague’s award winning local brewery

For a LINQ recap in photos, please visit our online Flickr-page.

West Holland's international business community joined InnovationQuarter's LINQ

Let’s LINQ

InnovationQuarter’s mission is to strengthen the regional economy in West Holland by supporting and stimulating the innovation potential of this unique delta region. In close co-operation with all major corporations, educational and research institutions, and government organisations, we assist and support foreign companies like yours with their establishment, business expansion and relocation plans in our region.

And of course, we maintain in close contact with the 2,200 international companies that are already established here. Looking for collaborative contacts or in need of assistance? Get in touch with our team and we’ll introduce you in our extensive network.

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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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National Geographic - This Tiny Country Feeds the World

@ Luca Locatelli

In a potato field near the Netherlands’ border with Belgium, Dutch farmer Jacob van den Borne is seated in the cabin of an immense harvester before an instrument panel worthy of the starship Enterprise.

From his perch 10 feet above the ground, he’s monitoring two drones—a driverless tractor roaming the fields and a quadcopter in the air—that provide detailed readings on soil chemistry, water content, nutrients, and growth, measuring the progress of every plant down to the individual potato. Van den Borne’s production numbers testify to the power of this “precision farming,” as it’s known. The global average yield of potatoes per acre is about nine tons. Van den Borne’s fields reliably produce more than 20.

National Geographic - This Tiny Country Feeds the World

@ Luca Locatelli

That copious output is made all the more remarkable by the other side of the balance sheet: inputs. Almost two decades ago, the Dutch made a national commitment to sustainable agriculture under the rallying cry “Twice as much food using half as many resources.” Since 2000, van den Borne and many of his fellow farmers have reduced dependence on water for key crops by as much as 90 percent. They’ve almost completely eliminated the use of chemical pesticides on plants in greenhouses, and since 2009 Dutch poultry and livestock producers have cut their use of antibiotics by as much as 60 percent.

One more reason to marvel: The Netherlands is a small, densely populated country, with more than 1,300 inhabitants per square mile. It’s bereft of almost every resource long thought to be necessary for large-scale agriculture. Yet it’s the globe’s number two exporter of food as measured by value, second only to the United States, which has 270 times its landmass. How on Earth have the Dutch done it?

This story appears in the September 2017 issue of National Geographic magazine. Read the full article on www.nationalgeographic.com.