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In 2018, 115 foreign companies opened an office or expanded their business in West Holland with the assistance of regional acquisition partners. These firms are expected to provide in excess of 2,600 jobs and to invest a total of 278 million euros in the region. Since 2014, The Hague Business Agency, Rotterdam Partners and InnovationQuarter have been actively collaborating to place the region in the global spotlight and to attract and support foreign companies. This has paid off: 26% of international companies that set up business in the Netherlands last year chose West Holland.

United States and China strongly represented

Most of the foreign companies that made a new or an expansion investment in West Holland in 2018 came from China (23) and the USA (22). This is in line with the trend of recent years with the majority of firms hailing from these two countries.

Chinese companies that established themselves in West Holland during 2018 include Genscript (biomedical firm with European branch in Leiden), Oppo (smartphones in Rotterdam) and Newtrend Group (biochemicals in The Hague).

Major names from the US that set up in or expanded into West Holland include GE Healthcare (new office in Rotterdam), Microsoft (Quantum Lab in Delft) and Synergy International Systems (Tech for Good in The Hague).

The figures for 2018 also reveal that companies from ‘new’ countries are coming to the region. For example, the strong growth in the number of firms from India and Turkey is striking. Eight companies from each country chose West Holland as their base in the Netherlands.

New sectors: ‘Next’ and ‘Impact’ Economy

Also noteworthy is 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 home due to the region’s strong innovation ecosystem.

No fewer than 34 of the 115 newly established foreign firms in 2018 operate in the high-tech and IT sectors, followed by 14 in life sciences and health, 13 in the energy sector and 11 in agro and food.

We also see many new businesses (12) active in the so-called ‘Impact Economy’; companies that are working on making the world a better, safer and fairer place.

Investor Relations Programme: 298 companies visited

In addition to attracting new companies, The Hague Business Agency, Rotterdam Partners and InnovationQuarter also actively support foreign firms already established in the region.

This is part of the national Investor Relations Programme, which is co-funded by the Dutch Ministry of Economic Affairs and Climate Policy, the Rotterdam-The Hague Metropolitan Region and the Province of South Holland. In 2018, the three acquisition partners visited a total of 298 companies through the programme.

Successful collaboration on acquisition in West Holland

Attracting and retaining foreign investment is of great importance to the Netherlands and the West Holland region, not least in terms of economic growth and job creation. The 115 international companies succesfully assisted in 2018, for example, will by their own estimate create 2,108 new jobs within three years and secure 535 existing jobs. In addition, these firms are jointly investing 278 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. The acquisition partners have been collaborating closely since 2014, both strategically and operationally, and have achieved great success. In 2018, 26% of all foreign companies* that established themselves in the Netherlands 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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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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Brazilian company DEX sets up office in The Hague

During the event, The Brazilian company DEX (Driving Educational eXcellence), the first company to use the services of ‘Softlanding The Hague’, was also presented. DEX chose to set up their business at The Hague Tech Campus. DEX will conduct research and development for the Brazilian company Inteligência Relacional, market leader in emotional and social intelligence educational programs with a client portfolio of nearly 1 million students. Inteligencia Relacional was established in The Hague this year as well.

About “Softlanding The Hague”

The ‘Softlanding The Hague’-program is founded by The Hague TechThe Hague Business Agency, InnovationQuarter & WorldStartupFactory . It is a full-service soft-landing program offering startups a one-stop-shop for business expansion and soft-landing related services. It is setup for international Tech startups and scale-ups who are interested to get a taste of the Dutch market, who want to validate their product-market fit, have interest in meeting potential customers and partners and want to join an active Tech community in The Hague. The program is free of charge, tailor-made and open for startups and scale-ups in all phases.

Interested in joining?

Find more information, or register directly here or get in touch with Stef Prinsen.

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Boston Rotterdam market expansion program

The launch of the BOSteRDAM follows the MoU Greentown Labs and InnovationQuarter signed in November 2017. Through the BOSteRDAM Cleantech Link, both organizations will closely support entrepreneurs in gaining access to leading cleantech clusters overseas by drafting a tailor-made two-week program for each company. The program will provide startups with full immersion in the overseas ecosystem, including local market knowledge, introductions to companies, government organizations and strategic partners, networking opportunities and a temporary office space, facilitate the realization of a successful foreign market entry strategy. BOSteRDAM is open to startups, scale-ups and corporates, and runs until July 2019.

The BOSteRDAM cleantech link was launched during an offshore wind mission of Dutch entrepreneurs to Boston. ’The offshore wind delegation took a tour of Greentown Labs and spent time with Josh Groleau of Pecos Wind Power and Ravi Paintal of Autonomous Marine Systems. Given the two companies’ areas of expertise and the wind markets they’re pursuing, the delegation enjoyed spending time with the entrepreneurs at Greentown Labs!

The delegation also heard from Professor Eric Hines of Tufts University, who talked about the general Massachusetts offshore wind ecosystem and the leadership of academia in the rising industry.

Greentown Labs invited Saitec, a startup from Spain working on floating offshore wind in Massachusetts, to present about their work and how they’ve entered the New England market.

Boston Rotterdam Cleantech Link market expansion program

Finally, Greentown Labs’ Executive Vice President Mark Vasu, and InnovationQuarter’s Senior Account Manager, Loek Becker Hoff, presented the BOSteRDAM program to the delegation and members of the Greentown community.

Loek met with several member companies at Greentown Labs and the rest of the delegation continued on to the New Bedford Marine Commerce Terminal. Palmos and Root AI, both Greentown Labs member companies, visited the Netherlands over the summer and were able to reconnect with Loek. OffGridBox and Next Rung Technology spent time discussing their European expansion strategies with Loek.

Dr. Emily Reichert, CEO of Greentown Labs, shares “Greentown Labs is eager to welcome startups from the Netherlands to our cleantech community. We’re excited to provide them with the resources and network they need to expand their operations in the United States and we see great synergies between our ecosystem and InnovationQuarter. Some of our entrepreneurs have already taken advantage of the wide array of resources and connections InnovationQuarter has, and we’re exited to see many more utilize the BOSteRDAM cleantech link!”

Rinke Zonneveld, Director of InnovationQuarter is very happy with the program, “The greater Rotterdam area houses amongst others the largest port of Europe, one of the best tech incubators in Europe, the first CIC operations overseas and loads of opportunities in the field of energy transition, circular economy and high-tech solutions for a sustainable future. More over The Netherlands is the ideal stepping stone for American entrepreneurs who want to do business in Europe. We are ready to welcome”.

BOSteRDAM cleantech link is supported by YES!Delft, Buccaneer, CIC, ACTION Innovation Network and the Massachusetts Clean Energy Center.

Interested in learning more?

Visit the BOSteRDAM website or contact Anne de Vries (+31 6 2254 6065 / anne.devries@innovationquarter.nl), Project Associate Internationalisation at InnovationQuarter, or Benny Kim (bkim@greentownlabs.com), International Partnerships Fellow at Greentown Labs.

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Dutch companies and knowledge institutions form collation to expand into India

The consortium consists of eight companies –Fox-IT, Group 2000, Crosspring, Global Business Academy, Enterprise Summit, E2-Labs, Newgen Payments and The Hague Centre for Strategic Studies—as well as InnovationQuarter and HSD Foundation. Three education institutions –Delft University of Technology, Leiden University of Applied Sciences and The Hague University of Applied Science—are directly involved as collaboration partners. From the Dutch government, the Dutch Embassy and RvO will be playing an important role in making the consortium a success.

This PIB focuses on specific segments within the overall cyber security market in India: Cyber Security, Training and Education as well as Knowledge Exchange for Internet of Things (IoT) and Protection of Critical Infrastructures (CI) both in Government as the private sector. The focus on IoT and (mostly) government-controlled CI like energy, drinking water, telecommunications, as well as financial services (banking) is important because there are significant opportunities for new business deals in these fields. The PIB will focus initially on the states Telangana (Hyderabad) and Karnataka (Bangalore) extending when feasible to the rest of States in India.

The PIB will be guided by a liaison in India, in close collaboration with the Dutch Embassy. The daily coordination of the programme will be in the hands of HSD Office. HSD Office will be the linking pin towards RVO, the Dutch Embassy in India and the participants of the Cyber Security cluster. Together they will arrange that the consortium will be part of trade missions, matchmaking events, knowledge exchange opportunities and collaborative presentations at conferences.

Municipality of The Hague

Since 2015, contacts with India have been developed via the municipality of The Hague and its many partners, amongst others HSD. The objective of this PIB is to further develop and strengthen the business relations that were build earlier and were made official during the Dutch trade mission to Indiaa from 22 -25 May 2018 and which included collaborations with the Hyderabad Security Cluster and the Center of Excellence Karnataka. This PIB is a direct outcome of this.

Partners for International Business (PIB)

Partners for International Business is a programme of the Netherlands Enterprise Agency (RvO) commissioned by The Ministry of Foreign Affairs.

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Dutch delegation to India seals agreement on soft landing support in Karnataka for Dutch startups-980x450

In response to increased interest by Indian Safety & Security entrepreneurs in expanding or relocating to the Netherlands, InnovationQuarter joined the High tech / Cybersecurity delegation of the largest Dutch economic mission to India ever. During the trip, InnovationQuarter had the opportunity to invite current investors and prospects to several Trade Dinners and to a lunch organized by The Hague Business Agency with the Mayor of The Hague.

After two days in New Delhi, the Hightech/ Cyber delegation went to Bangalore where InnovationQuarter was offered Soft Landing Support for Netherland Startups by Karnataka’s Technology Incubators. The letter of support for the Soft Landing Programme is the result of previous meetings between government officials of the State Karnataka, the City of The Hague and InnovationQuarter.

Dutch delegation to India seals agreement on soft landing support in Karnataka for Dutch startups-002-980x450

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Get in touch with the market

Many maritime companies, especially SME’s, were having trouble getting in touch with ship owners. That’s why Netherlands Maritime Technology (NMT) decided to introduce a Technology Exchange Roadshow (TER). Through this joint visit, organized by NMT and InnovationQuarter, contact between maritime companies and their market was more easily established. The Technology Exchange Roadshow is made possible by the Maritime Delta association. The participating Dutch companies – Alewijnse Marine, Hatenboer Water, VAF Instruments, Vuyk Engineering, Hug Engineering, Hull Vane, TKF and WEG – had the opportunity to present their business and solution. A visit was paid to Vard Design, Ulstein Shipyard, Remoy Management AS and Kleven Shipyard.

Keen to learn the Dutch way

These Norwegian maritime companies were all keen to learn about the solutions provided by the Dutch companies. Hatenboer Water for instance is able to provide complete, custom made fresh water systems using a variety of technologies. VAF Instruments has made it its mission to reduce environmental impact and provide measurement systems to create awareness about operational efficiency.

Keen to learn the Norwegian way

At the Norwegian Maritime Competence Center participants were given an introduction about the Norwegian Blue Maritime Cluster. To conclude the impressive Offshore Simulation Center was presented and some participants were given the opportunity to take some of the simulators for a ride.

Useful business contacts

For both Dutch and Norwegian participants the TER proved a good and efficient way to learn more about each other and to give the Norwegian companies the opportunity to ask questions. The Norwegians were exited saying that a lot of the presented cost effective solutions were relevant to them. The Dutch companies in their turn were provided with useful business contacts and insight into the strength of the Norwegian market as well as the challenges they face.

Since a significant growth is seen in the market for offshore wind, fishing and cruise vessels, this was an excellent time to introduce the Dutch delegation in Norway. Both NMT and InnovationQuarter will continue to support the Dutch maritime sector in exploring opportunities in this market.

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Drecht Cities International

CEO Rientz Willem Bol (left) explains Bolidt’s transition plan to international companies from the Drecht Cities region

An impulse for international interaction

In addition to a number of local executives, the group consisted mostly of directors of foreign-owned companies from the Drecht Cities region and Dutch companies with a large international footprint. The aim was to promote interaction among these companies and to improve contacts with local and regional government.

After short introductions from Drecht Cities, InnovationQuarter and Deal, the CEO of Bolidt, mr.  Rientz Willem Bol, gave an insight into the ambitious plans he is carrying out to prepare his company for the future. A four-year transition plan is currently underway and causes an notable cultural change within the company. According to Bol, the company must abandon its’ traditional ways of operating, to stay ahead of global competition. Therefore Bolidt is now focusing on a future in which co-creation, innovation and customer experience are key, with the highlight being the completion of an Experience & Innovation Center in the spring of 2019.

The enthusiasm of mr. Bol inspired and motivated some of the participants to implement his fresh ideas within their own organizations. In addition, relevant business contacts were made during the networking part afterwards.

The international ecosystem in Drecht Cities

The Drecht Cities region is home to around 150 companies that are owned by foreign multinationals. In addition, hundreds of Dutch companies from this region are active in international markets and many SMEs and startups have international ambitions. Drecht Cities, InnovationQuarter and Deal assist regional businesses with their internationalization goals, for example by organizing international trade missions. In addition, InnovationQuarter and Deal actively attract new (foreign) companies to this region in order to draw new investments and create more jobs.

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InnovationQuarter Jaarverslag 2017, de TerugblIQ

More collaboration and more implementation strength

Collaboration has been key to the success of InnovationQuarter since its inception in 2014. As the regional development agency for West Holland, InnovationQuarter works to strengthen the innovation eco system by working with companies, knowledge institutions, cluster and delta organisations and incubators, as well as financiers and investors, top sectors and government agencies. The aim is a West Holland ecosystem that helps parties to find each other easily, stimulates cross-pollination between the strong regional clusters, facilitates the growth of innovative firms and attracts foreign companies.

InnovationQuarter was evaluated in mid-2017. The evaluation report concluded: “With the arrival of InnovationQuarter, our implementation strength in terms of structurally strengthening the economy and stimulating innovation has increased considerably, and collaboration in West Holland has grown rapidly.”

More results

InnovationQuarter exceeded its ambitious objectives for 2017 in all areas.

  • InnovationQuarter Business Development achieved 56 business cases and innovation projects with an investment volume of €23 million. 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 50 foreign companies to establish themselves, move to or expand in the region. Within three years, these enterprises expect to create 1,204 extra jobs in West Holland and invest an additional €78.4 million. Since InnovationQuarter started out in 2014, the number of foreign companies landing in West Holland has increased by no less than 76% (*), partly due to the joint efforts of our acquisition partners.
  • InnovationQuarter Capital invested in 23 companies during 2017. While IQCapital was responsible for 14 investments, UNIIQ funded the other nine. As a result of these investments, the amount of additional capital attracted to the region was €44.6 million. The companies in the agency’s portfolio expect to create 348 extra jobs over the next three years. What is remarkable is that IQCapital and UNIIQ were the most active investment funds in the Netherlands in 2017. Moreover, ENERGIIQ, the West Holland energy innovation fund, was launched in September 2017.

In addition, InnovationQuarter not only supports entrepreneurs based in the region to achieve their internationalisation ambitions but also serves as the link between the ‘top sector policy’ of the national government and the regional business community. Moreover, InnovationQuarter presents West Holland as a unique delta region, a 24/7 real-life testing ground for promising innovations.

“In everything we do as a regional development agency, we try to maximise our added value. We do this by drawing on the combined strength of various networks, knowledge sources and expertise”, says Rinke Zonneveld, director of InnovationQuarter. “This means we are more than a connector and a catalyst, more than an acquisition agency and more than an investor!”

 

Jaarverslag InnovationQuarter 2017: Meer samenwerking, meer uitvoeringskracht, meer resultaat in Zuid-Holland

Shareholders InnovationQuarter receive the first copy of TerugblIQ, the InnovationQuarter 2017 Annual Report.

Roadmap to the Next Economy

InnovationQuarter’s annual report gives a voice to entrepreneurs who make use of high-impact, leading-edge technologies: business people at the forefront of innovation and for whom collaboration is key for the future.

Rinke Zonneveld: “In light of our ambition to tackle important social issues in fields such as healthcare, security and energy, these are the entrepreneurs we like to help. This enables us to bring the ‘next economy’ closer within our region. This year, InnovationQuarter and our many partners will provide a strong boost in this area by assuming responsibility for launching the Roadmap for the Next Economy.”

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

TerugblIQ – InnovationQuarter 2017 Annual Report

Curious about our results? View the InnovationQuarter 2017 Annual Report below (in Dutch). Would you like to receive a hard copy of the Annual Report? Send an email with your contact details to: communicatie@innovationquarter.nl.

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MWC2018

This year the MWC attracted 2.300 exhibitors and 108.000 visitors from 204 countries. The Netherlands was well visible at MWC with the Holland Pavilion, which was organized by Enterprise Summit and supported by the Municipality of The Hague and The Netherlands Enterprise Agency. Vice Mayor Bruines of The Hague, Dutch Ambassador Van Bonzel and KPN board member Farwerck launched the Pavilion. This was the second year for The Netherlands to have a pavilion at the MWC.

At the Pavilion there were several companies from Dutch soil, such as ABN AMRO, PortingXS, BroadForward en the universal translator Travis from Rotterdam. Other activities during this edition are the innovation tour led by tech trend watcher Vincent Everts, a tour specifically aimed at government participants and various presentations about retrofit and IoT, Blockchain and internet accountability.

For the live report, please follow #NLMWC18 on Twitter.

Setting up in greater Rotterdam-The Hague

In cooperation with The Hague Security Delta, InnovationQuarter manned a stand at the Holland Pavilion and several company delegations were received from abroad, for example from Canada and France. Director Richard Franken of HSD was present at the fair on Monday and Tuesday. In addition, InnovationQuarter talked to more than 60 companies about the business climate of greater Rotterdam-The Hague with the aim of convincing them to settle in the region. New contacts have been made and relationships will be expanded over the coming months.

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The State of European Tech: 2017

The State of European Tech: 2017

Atomico and Slush provide an annual, in-depth analysis of the European tech ecosystem by addressing a number of topics, such as talent, community, capital flows, deep technology, and regulation. Working with several data partners and surveying thousands of people within Europe’s tech ecosystem enable us to develop insights about what is really going on in the ecosystem.

https://2017.stateofeuropeantech.com/

The highlights

Authored by Tom Wehmeier, Partner and Head of Research at Atomico, the report identifies numerous insights and trends. A few highlights:

  • Total capital of $19bn invested into European tech breaks records. Invested capital is estimated to be $19bn, and the average deal size has increased compared to the record-breaking last year. Since the beginning of 2015, Europe has seen more than $3bn invested per quarter and the long-term investment trend reflects the expansion of its tech ecosystem.
  • European deep tech keeps its momentum and attracts $3.5bn of investments in 2017. Last year, the report pointed out that deep tech is thriving and diversifying across the continent, and today we see that Europe has been able to maintain its momentum. Within deep tech, AI and blockchain are seen as the areas where Europe is best-positioned to gain world-leading status.
  • Every European city is becoming a tech city. There are already over 160 hubs in Europe, and the number has been steadily growing during the past few years. Europe is seeing the spread of tech communities: there are hundreds of tech-related events happening daily across Europe’s tech ecosystem.

Clearly, it has been a great year for European tech and the future looks encouraging. The Huge talent pool, ambitious founders, and increasingly sophisticated investors allow Europe to march to its own beat. Questions of whether Europe can produce world-class innovation and $100bn companies are answered: definitely yes.

The State of European Tech: 2017

The challenges

But that yes doesn’t come without a but. There are some barriers on the way still:

  • Regulation is considered as the biggest barrier to scaling European tech. The European market might lack common rules or there is uncertainty around future regulation of deep tech. Cooperation between corporations, startups, and regulators is much needed to transform the regulation from a hindrance into a competitive advantage.
  • Gender imbalance remains a notable challenge. Since only 9% of CxO positions at venture-backed European startups are held by women, attracting more female into tech is crucial. Although the road ain’t easy, Europe could take the leader’s position in diversifying the global tech scene.

Reading this year’s report will give you a comprehensive, up-to-date picture of the state of European technology – hopefully you’ll enjoy it! The full report can be found on a slick website, provided by Atomico. You can read and download it here: www.stateofeuropeantech.com.

 

Source / Slush / StartupDelta

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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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MOU Greentownlabs-InnovationQuarter-980x450px

The common goal of Greentown Labs and InnovationQuarter is to set up a reciprocal program that enables entrepreneurs and innovators in the cleantech space to gain acces to the Boston and Dutch markets. This soft landing program will assist growth-stage cleantech ventures with market expansion through partnerships and funding opportunities in Boston and the Netherlands.

Emily Reichert, CEO, Greentown Labs: “Last year I had the opportunity to visit The Netherlands and I was so impressed by the quality of the buzzing cleantech ecosystem in the Rotterdam and Delft areas with initiatives like PortXL, Yes!Delft, RDM and CIC leading the charge. I was encouraged by how similar our ecosystems are and the commitment all of our startups have made to solving big energy and environmental challenges.”

We know that by building a bridge between our two communities we will help facilitate global expansion and new market entry for entrepreneurs in both countries. – Emily Reichert, CEO, Greentown Labs

Greentown Labs and InnovationQuarter set up international collaboration for cleantech startups

Rinke Zonneveld: “I am extremily excited about this cooperation with the largest cleantech incubator in the US. I am convinced that Greentown Labs will be the perfect stepping stone for our cleantech companies which are ready to conquer the American market. Of course we are equally thrilled to welcome many Boston based cleantech ventures to our region.”

 

 

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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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Cyber Value at Risk

During the opening, Inge Philips, director of Cyber Security at accounting firm Deloitte, presented the first copy of the report Cyber Value at Risk to Maarten Camps, secretary-general of the Dutch Ministry of Economic Affairs. The report reveals that the loss of value suffered by the Dutch economy as a whole due to cyber risks totals 10 billion euros, 1.3% of the GNP. Annual losses suffered by SMEs are estimated at 1 billion euros.

In his presentation, Wim Kuijken, chairman of the HSD board , went on to emphasise the need for government, businesses and knowledge institutions to work together, both nationally and internationally.

This was followed by a panel discussion involving Dick Schoof (National Coordinator Counter Terrorism and Security), Jos Nijhuis (CEO Schiphol and chairman of the Cyber Security Council), André Haspels (director-general Political Affairs, Ministry of Foreign Affairs) and Saskia Bruines (deputy mayor Knowledge Economy, International, Youth and Education from the Municipality of The Hague).

Access to Talent

After the panel discussion, the HackLab Kids started in which a group of primary school children emphasised the Access to Talent theme of this first day of Cyber Security Week.

Deputy mayor Saskia Bruines: “There is a rapidly rising demand for well qualified personnel in the field of cyber security. For that reason, it is also important to teach children digital skills from a very early age. From primary school to university, promoting cyber talent must be high on the agenda.”

Richard Franken, executive director HSD:
“The Cyber Security Week is a great example of how we as a national security cluster and our partners can stimulate cooperation and knowledge exchange. Nationally and internationally. So that together we can contribute to a more secure world and economic growth. ‘Together we secure the future’.”

Cyber Security Week

Cyber Security Week takes place from 25 to 29 September in 17 different locations in The Hague and consists of 80 events in which hundreds of experts in the field of Internet security and cybercrime from the government, industry and science can exchange knowledge, discuss the latest developments and pitch new innovative ideas. Together they will seek innovative solutions to one of the greatest challenges in our modern digital world: how do we guarantee a secure cyber future for ourselves?
The event is expected to attract over 3000 visitors to The Hague.

Participants in Cyber Security Week include Europol, INTERPOL, NATO, representatives from various European security clusters from the UK, Belgium, Germany and France, among others, international City-CIOs & CISOs and many large and small businesses specialising in cyber security.

Important events during Cyber Security Week are the Europol-INTERPOL cybercrime conference and the final of the EC-Council hacking competition Global CyberLympics.

Cyber Security Week is an initiative of The Hague Security Delta, the city of The Hague, InnovationQuarter, The Conference The Hague and accounting firm Deloitte and is organised together with 80 partners.