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LINQ, InnovationQuarter’s annual get-together

LINQ, InnovationQuarter’s annual get-together

LINQ, InnovationQuarter’s annual get-together

Some 90 representatives of foreign companies & organizations attended this year’s LINQ, InnovationQuarter’s annual get-together for our the international business community in this region. In the industrial setting of Lijm & Cultuur, a former factory, attendees were able to meet new and relevant (business) contacts and heard the deputy mayor speak about the rich innovative ecosystem of Delft.

During the ‘Innovation Tour’ participants were able to see and touch eight cutting-edge innovations from this region. Please find their links here:

LINQ, InnovationQuarter’s annual get-together

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

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By specializing in mathematical optimization solutions and advanced data analytics, ORTEC aims to make the world a better place. The company leverages mathematics and econometrics to improve efficiency and productivity in healthcare. InnovationQuarter is investing €5 million in ORTEC to enable the firm to accelerate its existing healthcare activities. Jeannette Baljeu, member of the Executive Council of the Province of Zuid-Holland, and Charlie Aptroot, mayor of Zoetermeer, announced the investment at the InnovationQuarter Annual Event in the Van Nelle Factory in Rotterdam.

How mathematics can contribute to solutions in healthcare

Healthcare in the Netherlands is facing major challenges. Costs are rising every year due to increasing demand, many healthcare providers face staff shortages and patients expect quicker treatment. Data-driven healthcare solutions are required to tackle these issues in an integrated manner. Such solutions can improve performance by ensuring a more even patient flow through healthcare institutions and a better workload distribution among health professionals.

ORTEC has developed innovative mathematical optimization and data analytics solutions that go far beyond simple statistical analysis. Menno Brandjes, director of ORTEC Healthcare, says,

“We have been able to make hospitals 15% more productive in the areas where our solutions are applied. This means that 15% more patients are being treated using the same amount of resources. At the same time, employee satisfaction has also increased.”

Intelligent healthcare support using artificial intelligence

Value-based care, personalized care, digitization and prevention through healthy lifestyles have emerged in response to the need to reduce costs and improve quality of care. These trends within healthcare are underpinned by simplifying administrative processes, improving patient interaction with e health (blended care) and determining diagnostics based on access to an ever-growing amount of data. Artificial intelligence (AI) is vital to all of this and is playing an increasingly important role in the healthcare sector.

AI provides valuable support to healthcare professionals in their decision making by allowing them to make more insightful predictions and recommendations. ORTEC’s new healthcare initiatives are fully equipped for this and, for instance, make it possible for organizations to better focus on individual patients and subsequently analyze all relevant data. As a result, patients, healthcare practitioners and everyone involved across the entire healthcare chain receive the best possible advice and treatment.

Accelerated growth of healthcare initiatives

InnovationQuarter’s investment will help accelerate the growth of ORTEC’s new initiatives in the healthcare sector. Brandjes says ORTEC is very happy with the extra capital: “InnovationQuarter’s contribution to ORTEC’s healthcare initiatives is helping us scale up our activities more quickly. We are starting in the Netherlands and will eventually expand worldwide. ORTEC has been the market leader in the field of advanced planning software in the Dutch healthcare sector for many years. This investment will allow us to expand our offering in several areas, including integrated capacity management, support in clinical decision making, advanced data solutions for research and the integration of our communications platform for patients and staff”.

Stimulating innovation in healthcare

“Founded in West Holland and now operating across the globe, ORTEC is an outstanding, innovative company that has successfully grown to over 1,000 employees,” says Francis Quint, head of Capital at InnovationQuarter.

“With this investment, we can contribute to ORTEC’s growth ambitions in healthcare, which is an important theme in society. InnovationQuarter will utilize its network and organization to accelerate ORTEC’s expansion in this area, not only by linking with our shareholders, such as regional academic hospitals, but also by drawing on the commitment of the healthcare experts in our business development team. The investment also allows us to expand our SME portfolio and our role as a lifecycle investor in the region.”

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Idris Oncology one of first companies to receive free human tissue through Codex4SME’s

The Leiden based biotechnology firm Idris Oncology is one of the three SME’s in Europe to receive human tissue through the Codex4SME’s consortium, in order to help them progress their diagnostic product towards clinical application.

Read our story on the transition to personalized medicine here! (in Dutch)

“It is always hard for SME’s to obtain human samples of any kind,” says Idris CEO and founder Hans Peter Mulder. “That’s why we are so happy with the support from Codex4SME’s and its regional partner InnovationQuarter. What has really speeded Idris’ product development is the fact that Codex4SME’s also covers the costs and assists with the supply form BioBank Graz. This way we can treat cancer better.”

“I’m very happy that Idris was one of the first to obtain these free samples* as it will help making cancer treatment to become more personalized,” says Stéfan Ellenbroek, senior business developer Life Sciences and Health at InnovationQuarter. “There are currently a couple of other Zuid-Holland companies in discussion with the BioBank Graz for prospective tissue collection, but I also urge the rest of the ecosystem to check out this nice chance as the vouchers for free samples are limited in amount. Any companies with questions can contact me!”

Idris Oncology one of first companies to receive free human tissue through Codex4SME’s

*Costs covered through the Codex4SME’s Inttereg NWE grant. All tissues are obtained with informed consent.

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In 2018, InnovationQuarter helped 53 (foreign) companies to open an office or expand their activities in West Holland. This included many advanced, technological companies such as GenScript (China), Magnet Forensics (Canada) and GE Healthcare (US). These enterprises are expected to create or retain more than 1,100 jobs and will invest €214 million in the region. The 53 firms represent a record for InnovationQuarter across its five-year history. In 2017, 50 foreign companies established themselves in the region with the agency’s assistance.

United States and China strongly represented, Canada on the rise

Most foreign companies that made a new or additional investment in West Holland in 2018 came from the United States (11) and China (11). This is in line with the trend of recent years, with most firms hailing from these two countries.

However, Canadian companies are increasingly aware of InnovationQuarter and West Holland as a relocation destination. In 2018, four firms from Canada chose to establish a base in the region with the agency’s assistance. One way by which InnovationQuarter supports these companies is through soft landing initiatives, organised in close collaboration with the Canadian Embassy and other parties. A very promising enterprise now established in The Hague thanks to such a soft landing programme is Magnet Forensics, a cybersecurity company from Toronto with a focus on digital forensic research.

Carl Tinker, sales director at Magnet Forensics, says:

Initially, we had the UK in mind for our EMEA headquarters. That was until InnovationQuarter introduced us to the Dutch Ministry of Justice, numerous potential partners and The Hague Security Delta. As the Netherlands offers much better access to the European market than the UK and with Brexit coming up, we decided to base ourselves in The Hague.

We interviewed Magnet Forensics for our annual report, TerugblIQ 2018. Here you can read the article!

Advanced technology sectors

Companies that have opted for the West Holland region are highly innovative and technologically advanced. They especially operate in the life sciences, (cyber) security, high-tech and IT, sustainable energy and horticulture sectors, in line with and as a valuable addition to the top-quality ecosystem that our region offers in these areas.

Chris van Voorden, InnovationQuarter’s Director of Foreign Investments and Internationalisation, says:

We have extensive contact with international companies and it is clear they are increasingly seeking a well-developed, regional ecosystem. For this reason, our service is not simply focused on finding the right location for an office or factory; it’s much more about accessing the relevant network, technology and talent. West Holland is increasingly able to offer access to these resources and our 2018 results clearly show our efforts are paying off.

Arrival of the European Medicines Agency

With 13 companies, life sciences is the best represented sector among the enterprises that InnovationQuarter supported last year. This sector encompasses both biomedical and medical technology firms. One of the reasons for the strong interest in the region from foreign biomedical companies is the European Medicines Agency’s (EMA) relocation to the Netherlands as a result of the United Kingdom’s intention to leave the European Union. The EMA is a significant addition to the country’s life sciences and health ecosystem and helps make the Netherlands an attractive location for international companies in these sectors.

There is significant interest not only from biomedical companies but from medical technology businesses as well. GE Healthcare’s new base in Rotterdam and that of 10x Genomics in Leiden are examples of this.

Brexit

The political uncertainty surrounding Brexit has been an important factor in many companies’ investment decisions. Firms expect Brexit to have a major impact on their operational management and are therefore taking precautions to mitigate its effects. For now, this mainly involves changes to international legal structures and the transfer of certain business activities. Companies that are highly dependent on the logistics chain are also taking precautionary measures.

The extent to which enterprises expect to be affected by Brexit varies from sector to sector and uncertainty regarding the shape that Brexit will take remains an issue. Many companies have thus indicated that, while they are considering various scenarios, their final investment decisions will be postponed until there is more certainty regarding the future relationship between the UK and the European Union.

Results significant for both regional and national economies

Attracting and retaining foreign investment is of great importance to both the Netherlands and the West Holland region, not least in terms of economic growth and job creation. The 53 international companies supported in 2018 will, by their own estimate, provide 1,113 jobs within three years: 853 of them new and 260 retained. In addition, these firms are jointly investing € 214 million in the region.

Successful national and regional collaboration

Strong national and regional collaboration is part of the reason for the success of these 53 investment projects. At the national level, InnovationQuarter works closely with the Netherlands Foreign Investment Agency (NFIA) – an operational unit of the Ministry of Economic Affairs and Climate Policy – and is a partner of the Invest in Holland network. At the regional level, InnovationQuarter has worked closely with Rotterdam Partners and The Hague Business Agency on both strategic and operational levels since 2014.

Wat kunnen wij voor u betekenen?

Neem gerust contact met ons op.

Chris van Voorden

Director Foreign Investments
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In Rotterdam, Leiden en Delft almost 60 representatives took part in an intensive programme with the ambition to learn, connect and cooperate. Their meetings covered innovations in medtech healthcare, biomedical engineering, automated transport and sustainable mobility. 

Life Sciences & Health programme 

Rotterdam 

At the Life Sciences & Health hub in the Rotterdam Science Tower, the delegation was introduced to the West Holland Life Sciences and Health cluster and discovered why more and more (international) medtech companies choose Rotterdam as their European base.  

How companies and governments work together on the medicine of the future within the Medical Delta scientific programmes, was explained by Prof. Dr. Ir. Ton van der Steen, head of Biomedical Engineering at institutes Medical Center and chairman of Medical Delta.  Medical Delta is a network of life sciences, health and technology organizations driven by the cooperation between Leiden University, Erasmus University, Technical University of Delft, Erasmus Medical Center and Leiden University Medical Center.  

From a regional perspective the topic moved into healthcare innovations happening in and around the Erasmus Medical Center. Nathalie Popken from the Erasmus MC Technology Transfer Office gave examples of different healthcare innovations that often emerge from the working floor of the hospital. One example is the robotic bedwash-central that reduces the amount of water needed to clean a hospital bed from 30 to 6 liters and greatly reduces the amount of chemicals.  

3 Rotterdam companies presented their innovations to the delegation;  

  • Rotterdam Science Tower residents Omnigen, a bioinformatics company doing biomarker discovery and DNA testing for business and consumers;  
  • SurGuide , a medical device company aiming at improving cancer care by supporting oncologic surgeons in their strife for complete tumor removal.  
  • Australian medtech productdesign company IDE recently started their European office in Rotterdam and explained how they develop new healthcare innovations and start-ups together to build better futures for patients.  

Delft 

In Delft, the group visited the world-renowned business incubator YES!Delft, where they met with representatives from Delft University of Technology, YES!Delft and several companies. During a lunch-and-learn session they learned about the TU Delft Health Initiative, RoboValley, and the work performed by the Biomechanical Engineering group of the faculty 3ME. Lastly, the group had a tour in the incubator itself, and learned about how the Delft School of Incubation is brought into practice.  

Leiden 

After the tour in Rotterdam and Delft the Four Motors delegation visited the Leiden Bio Science Park. Pieter Reitsma, Founder of VarmX, and Niall Hodgins, CEO of SeraNovo, presented their exciting startup companies. The delegation toured the Biopartner flexible office and lab facilities and  the day ended with networking drinks before heading to the airport.    

Mobility programme 

The Mobility delegation started in the morning at CIC in Rotterdam. Quirijn Oudshoorn (Municipality of Rotterdam) informed the delegation about the status and future plans of the city of Rotterdam with regard to electric mobility. The city is not only looking for more, but also better and smarter solutions and is setting up pilots to test new solutions such as wireless charging and plaza’s with multiple chargepoints. In order to work with startups that have good solutions improve mobility in the city, Rotterdam has set up the Rotterdam Mobility Lab. This platform provides startups with a good solution for urban mobilty a chance to test. Niki Sie of Juuve, one of the alumni of the program informed the delegation of the shared mobility solution the company provides. Their solution provides easy access to users for make use of a car without owning one, thereby also reducing the amount of vehicles in a city.    

Next stop: the Park Shuttle at Rivium Business park. Here they have been making use of autonomous shuttles for public transport for 20 years. This was the first, and until now, the only place to do this in the world. The project is aiming to expand the area it covers and the plans for expansion were shared with the delegation. A rare view into the control room was also provided in order give the delegation a complete insight into the operation of the shuttle.    

 

Lunch was enjoyed at Connekt in Delft. Tom van Dam of this network organization for smart and sustainable mobility gave an explanation on their work. With their extensive member base, Connekt is able to provide valuable contacts in the Dutch market for the Four Motors delegation. As Connekt also works at providing the Dutch mobility sector a platform in other markets via the Smart Mobility Embassy (SME), Jose Oudijk of Connekt explained the role of SME. After lunch the delegation moved to the Green Village at the TU Delft. At the Green Village the Researchlab Autonomous Driving Delft (RADD) performs research, but is also able to provide a testing area for autonomous transport. Rissan Slaghek explained what the focus is of RADD and the research topics they are working on. As the region is keen to implement these solutions, Britt Doornekamp of MRDH (Metropolitan Region Rotterdam The Hague) explained how the regional authorities are backing these initiatives through policy and with financial means.  

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European approach of the energy transition

SET Fund III invests in European early growth-stage companies that can impact the future of the energy markets worldwide. With this fund in fund investment, ENERGIIQ accelerates the transition towards clean energy and makes sure that Zuid-Holland is in the picture of European investors and entrepreneurs. It also ensures that ENERGIIQ is actively involved in European energy innovation developments.

ENERGIIQ is one of the investors in this third fund of SET Ventures, and joined forces with European Investment Fund, Korys, PTT Group Thailand, Shell Ventures, BNP Paribas, Sitra and BOM Brabant Ventures to make SET Fund III possible.

SET Fund III will primarily focus on companies that work on balancing the electricity grid, energy distribution and storage or energy saving.

Collaboration in knowledge and capital

Rene Savelsberg, Managing Partner SET Ventures: “We are very pleased with ENERGIIQ’S participation in SET Fund III. It is clear that ENERGIIQ, managed by InnovationQuarter, has a lot to offer to early growth stage companies impacting the future energy system based in the province of Zuid-Holland or those that want to land sufficient relevant business in the region. ENERGIIQ reflects our vision that focussing with deep understanding of the granularities of the energy sector will lead to the best investment decisions. Together we will contribute substantially to the reduction of CO2 both in the region as well as on a European level.”

Nienke Vledder, fund manager at ENERGIIQ:

Our investment in SET Fund III supports our search for technology that contributes to the energy transition in Zuid-Holland.

“In addition, the SET Ventures team is well-established and up to date on developments regarding energy transition. Warm ties with a reputable partner such as SET Ventures is valuable to energy companies in Zuid-Holland with both knowledge and capital.”

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F.L.T.R. Chris van Voorden, Director Foreign Investments InnovationQuarter, Chris Heunis, Managing Director CampusKey Europe, Paul Dirkse, Deputy Mayor of Leiden, Leon Howell, Managing Director CampusKey SA, Neno Haasbroek, Co-Founder CampusKey, Niels Krol, Account Manager InnovationQuarter, Antoin van Rensburg, Co-Founder CampusKey (Foto © Daniel Verkijk)

Expanding to Europe

Since the start of CampusKey in 2012, they have successfully developed student housing facilities in six university cities and currently house 3749 students. Their main focus will be on international students and the concept therefore includes a couple of distinctive features that sets this formula apart from others.

There is a strong focus on safety and security within the building, using finger recognition technology to enter the premises and rooms. They also offer 24-hour counselling and mentoring services to students who are in immediate need for help or guidance, far away from family and friends. The main purpose of CampusKey is to create ‘a home away from home’, which means activities for residents are organized on a weekly base, so students can meet up, interact and make new friends.

Leiden is not only relevant as a student city, but it also has quick access to Schiphol Airport, with the rest of Europe in easy reach.- Chris Heunis, Managing Director of CampusKey Europe

CampusKey was assisted in setting up the Dutch operations in Leiden by the Netherlands Foreign Investment Agency, InnovationQuarter and the City of Leiden.

Team CampusKey: Chris Heunis, Leon Howell, Neno Haasbroek and Antoin van Rensburg (Foto © Daniel Verkijk)

CampusKey Co-Founder Neno Haasbroek: “As the South African market is now well served by our concept, we decided last year that it would be interesting to look into expanding to the European market. Our preliminary research was very promising and we believe there is a lot of potential in Europe, especially when you look at the tremendous increase of foreign students coming to Europe.”

Deputy Mayor of Leiden, Paul Dirkse is happy and proud that yet another South African company has chosen Leiden for the location of their European headquarters: “Being the oldest university city in The Netherlands and one of the oldest in Europe, I can fully understand their decision to locate to Leiden! I’m sure the expertise CampusKey has built up over the years in South Africa in creating ‘a home away from home’ will be of added value for students and student cities throughout Europe.”

Besides historical ties and a similar language, The Netherlands was especially chosen for its comparable business mentality, which is, like in South Africa, also based on cooperation, openness and straightforwardness, says Chris Heunis, Managing Director of CampusKey Europe: “Leiden is not only relevant as a student city, but it also has quick access to Schiphol Airport, with the rest of Europe in easy reach”.

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Challenging

ArianeGroup, which has the design authority and industrial lead for the Ariane 6 launcher development and operation on behalf of the European Space Agency (ESA), appointed Airbus Netherlands partner for the development and production of the Ariane 6 Vulcain Aft Bay (VUAB) and the Vinci Thrust Frame (VITF) in June 2017. It led to the decision to build a dedicated industry 4.0 facility for the development and production of the Ariane 6 and also Vega-C structures. “Within 10 months, our state-of-the-art assembly facility has been built and equipped with innovative solutions, like a robotised production line and visualisation tools,” says Arnaud de Jong, managing director of Airbus Netherlands, “The smart factory is now fully ready to fulfil its challenging task and today’s opening is the crowning glory of a huge team effort. An effort which illustrates the clear mind-set to produce the new Ariane 6 engine frames in the most cost- and time-efficient way.”

InnovationQuarter has been involved in the process of finding a suitable location for the new Airbus production facility. “We are most happy with the expansion of Airbus,” says Niels Krol, senior accountmanager (Aero)space at InnovationQuarter. “It means a significant reinforcement for the space cluster in our region.”

Optimise logistics and assembly

To address the challenging commercial set-up of the European Ariane 6 programme, the Dutch space company Airbus chose a development and industrialisation approach that strikes a balance between heritage and the needed innovative green fields approach. This led to two key decisions to optimise the logistics and the assembly line:

  • The new site has a direct connection to the Rotterdam sea port, enabling safe and rapid transport of the large VUAB structure (5.4m diameter, 5.2m high) to ArianeGroup in Les Mureaux, France, for final assembly with the Ariane 6 launcher. The VITF engine frame will be transported to Bremen by road. Final stop for both engine frames is the European launch site Kourou in French Guyana.
  • The extended enterprise philosophy used by ArianeGroup towards its first tier partners was translated by Airbus Netherlands to its own supply chain. To gain maximum benefit, the main suppliers (and their machining facilities) are being integrated in the dedicated Ariane 6 facility, working as a shop-in-shop.

Industry 4.0

The facility is equipped with ‘Industry 4.0’ robotisation and automation capabilities, in order to be prepared for the anticipated production rates up to 24 engine frames (12 VUAB’s and 12 VITF’s) per year. Key elements of the industrialisation approach are:

  • Decision to have engineering and production go hand-in-hand;
  • Handling and assembly jig & tool concept based on a “flow process” instead of rigid and fixed-placed elements;
  • Implementation of smart manufacturing principles, including factory automation, implementation of a paperless factory and the application of lean flow principles.

 

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Scheltema’s warm industrial look of dark-brown wood and faded steel gave the atmosphere at LINQ an informal and friendly character. Attending entrepreneurs were paired into smaller groups with other entrepreneurs, so that getting in touch with peers and potential partners was easier. The groups then received demonstrations of eight of West Holland’s cutting-edge technologies on the innovation floor:

  • TWNKLS, a known name even in Silicon circles, presented the world’s most successful non-game augmented reality app. With a toy car they demonstrated how their technology helps Lamborgini mechanics to decompose the different internal parts of the car in order to better repair possible defects. And how their app helps IKEA customer to see how the chair they want to buy fits into their home before buying.
  • MomoMedical demonstrated their new hospital bed with smart sensors that registers how long people have laid in the same position and whether they have to be turned over.
  • On the innovation floor was also Qlayer’s disruptive coating technique with their autonomous painting robot creating microstructured coatings in a locally protected environment.
  • Then there was Tessa, a robot by Tinybots. Tessa helps people with difficulties concerning structure and routine tasks (for instance people with dementia) by structuring their day.
  • Berry Sanders from Fleet Space Technologies explained how their plug and play satellite system allows people to receive sensor data from any location in the world.
  • Sybren de Jong demonstrated Tropomi to the international business community. Tropomi is a Dutch climate and air pollution measuring satellite, co-developed by Airbus.
  • LeydenJar Technologies demonstrated their 100% silicon anode rolls that boost the energy density of Li-ion battery cells with up to 50% (1.200 Wh/l).

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 organizations, 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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Investing in innovation

Access to Capital is one of the requirements to have the ability to innovate. To support starting and fast-growing entrepreneurs of the security sector, the Access to Capital event has been initiated by a collective of parties. The positive effects for the pitching organisations has been proven, which is why the organising parties: InnovationQuarter, Rabobank Regio Den Haag, Value Creation Capital, TIIN Capital and HSD Office initiated the fifth annual edition of this event, this year.

These kind of meetings where investor matches are made, are an upcoming trend. It is a place where collaborations arise that have a strong spin-off in the region in terms of employment opportunities. Innovation, securing data, and developing knowledge on these topics is something that partners heartily support.

Pitching organisations and winner

During the interactive day of inspiration, sharing experiences and information about funding, 6 innovative entrepreneurs pitched their businessplans within the area of cybersecurity. The winner, Sahar Ismail of Legacy Armour was selected by a professional jury. An overview of all the pitchers and investors that attended the event can be viewed here.

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InnovationQuarter co-organized Chinese family day

The Chinese Family Day was organized to provide Chinese expats in the Netherlands with an opportunity to enjoy a day out with their families, whilst bonding and collaborating with Chinese expats from other companies in a casual manner. Furthermore, the families got a special close-up into the functioning of the human body. Especially the children truly enjoyed this part.

You might also like to read: ‘De belangrijkste cultuurverschillen tussen Nederland en China’.

The event officially started with a networking lunch and welcome speeches delivered by Mr. Zhang Guo Sheng and Mr. Zhang Xin Min on behalf of the Embassy of People’s Republic of China in the Netherlands. They gave the audience an update about the latest economic developments between the Netherlands and China, and introduced Chinese business associations in the Netherlands such as ACIEN and VCWI.

At this moment there are more than 500 Chinese enterprises based in the Netherlands, of which 60 percent are located in West Holland.

InnovationQuarter co-organized Chinese Family Day @ Corpus Leiden

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InnovationQUarter-Access-to-Capital-2018-980x450

Investing in innovation

Having access to capital is one of the conditions for companies to be able to innovate. The Access to Capital event was initiated by a number of parties to support starting and fast-growing entrepreneurs from the Digital Health and Security sectors in their search for funding. The event has proven succesful for pitching companies in previous editions of Access to Capital, which is why the organising parties, The Hague Security Delta, InnovationQuarter, Rabobank Regio Den Haag, Value Creation Capital, KPN Ventures, TIIN Capital, and Health Innovation Fund repeated the formula this year.

Pitching organisations and winners

The 12 innovative entrepreneurs pitching their businessplans within the areas of Digital Health and Cybersecurity were hand-picked out of a large pool of registered companies. The winners were selected by a professional jury.

The winner in the category Cybersecurity was HSD Partner Bitsensor

InnovationQUarter-Access-to-Capital-2018-Bitsensor

Chris van ‘t Hof (chairman), Ruben Vreeland (Bitsensor), Johan Stins (InnovationQuarter)

The winner in the category Digital Health was Happitech

InnovationQUarter-Access-to-Capital-2018-Happitech

Willem van den Berg (Value Creation Capital), Yosef Safi Harb (Happitech)

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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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InnovationQuarter’s Chris van Voorden overhandigt namens de stad Leiden, NFIA en InnovationQuarter een speciale welkomstplaquette aan Henk Deist, CEO van Atterbury Europe.

Atterbury Europe’s CEO Henk Deist and Chris van Voorden, Director Foreign Investments at InnovationQuarter © Daniel Verkijk

Expanding to Europe

Over 23 years, Atterbury has successfully developed real estate across South Africa and on the African continent. Since 2014 they have expanded their activities into Europe, starting out in Austria and now concentrating operations in Leiden from where the development of prime commercial, retail and residential property in Europe is being effectively managed.

The distinctive ‘Leiden Central Offices’ building is strategically located at the intersection of the historic centre with all its inner-city facilities and Leiden’s central train station. With only a 15-minute train ride, Amsterdam Schiphol Airport is in close proximity, making traveling throughout Europe easy and fast.

Atterbury Europe’s CEO Henk Deist: “As our business grew into a meaningful size, we decided that from an economical and practical perspective our activities should be centrally headquartered in Europe. The Netherlands was chosen, not only for its competitive fiscal regime, but also for its access to top professional advisors and the fact that the Dutch use English as their main business language. We are five employees in the office, that is when we’re not travelling – four South Africans and a Romanian, on the lookout for the first local to join – we have enough space for growth!”

Henk Deist, CEO van Atterbury Europe, en zijn Atterbury-team in Leiden

Henk Deist, CEO Atterbury Europe, and his Atterbury-team in Leiden © Daniel Verkijk

Based in Leiden

Deputy Major Robert Strijk of the City of Leiden: “We’re very pleased that Atterbury Europe is well aware of the attractive Dutch business climate and concluded that Leiden offers great opportunities. The city is an ideal, solid and hopefully prosperous basis from which they can expand their operations in Europe and I have no doubt the Leiden office will soon feel like ‘Die Klubhuis’ for their employees!”

On behalf of the Netherlands Foreign Investment Agency (NFIA) and the City of Leiden, InnovationQuarter’s Director of Foreign Investments Chris van Voorden welcomed Atterbury Europe in Leiden.

Nieuw Europees hoofdkantoor voor Zuid-Afrikaanse vastgoedontwikkelaar Atterbury

Hilde de Boer (City of Leiden), Chris van Voorden (InnovationQuarter), Henk Deist (Atterbury Europe), Annemieke Busch (NFIA) and Arnoud Nierop (City of Leiden) © Daniel Verkijk

Van Voorden says: “The arrival of this highly rewarded South African property developer with an impressive track-record and portfolio, underlines our continuously improving business climate. We have noticed a growing interest from South African companies setting-up business in West Holland. Besides linguistic and cultural similarities, maybe also our direct approach in conducting business is a unique characteristic our countries share. With our partners, we are pleased to help Henk Deist and his team establish useful contacts and support them in their European growth ambitions.”

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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