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The Netherlands
startup ecosystem:
The place to be in
Europe
Marten Lammertink
Second Secretary
Netherlands Embassy Seoul
Startups play important role in Dutch economy, even
though cumulative economic value relatively small
• Startups key drivers of innovation through tech hubs and technology clusters
• Government focus both on inbound and outbound, >€50 mln funding p/y
• Succes stories:
Online file-sharing | $100-200 mln valuation | ≈ 30 FTEs
Online payments | $2 bln+ valuation | ≈ 450 FTEs
Online media reader | $13 mln valuation | ≈ 80 FTEs
Online travel agency | $130 mln exit in 2005 | ≈ 5,000 FTEs
Why should you come to the Netherlands?
The Gateway to Europe
Small country, big tech footprint: 10+ tech hubs
StartupDelta launched in 2014 to support Dutch
startups, „linking pin‟ Dutch startup ecosystem
• Public-private initiative of government and university hubs
• Aim is to boost startup ecosystem in Netherlands and attract foreign
startups to the Netherlands
• Headed by a Special Envoy, Prince Constantijn of the Netherlands, since
July 2016
• Ambition to be among top 5 startup ecosystems by 2020
“Orange Carpet” treatment: Startup Visa
• Affords ambitious entrepreneurs
from outside EU 1 year to launch
new business in Netherlands
• Later stage startups can rely on
easy residence/work permits for
≤5 years
• Application takes 2-6 weeks
• Expats in Netherlands have 30%
Tax-free allowance on gross salary
Services to help startups scale-up to Europe
These fast growing (tech) companies all have a EU
hub in the Netherlands
November 2016: startup mission to Korea
• Part of trajectory (Joint Statement NL-ROK)
• Headed by Prince Constantijn of the Netherlands, StartupDelta
Special Envoy
• 7 startups and 1 hub
• Aims:
1. Support Dutch startups with access to market/investors
2. Promote Netherlands as „place to be‟ for Korean startups
• Roundtable Seoul CCEI,
Pangyo Startup Campus,
Special Get in the Ring Edition, MOUs
• 2017: mission from Korea to NL??
Mission delivered strongs results and follow-up
• Improved market access to
Korea for Dutch startups
• Orange Bridge MOU helps
startups find their way to
Netherlands and Korea
• Increased interest for Dutch
ecosystem in Korea (media
exposure)
• Startup Mentor Network
Korea established
• Solid connection between
hubs KEF and ECE (MOU),
promoting entrepreneurship
education
Need help/more info? Contact us!
• General questions: seo-ea@minbuza.nl
• Startup ecosystem, startup visa: www.startupdelta.org
Thank you for your attention!
Backup
Three key advantages of the Netherlands
#1
European
Digital
Forum
#3
Research
among
European
startups
#4
Global
Startup
Ecosystem
Ranking
Ranking the Dutch startup ecosystem
Dutch startup-ecosystem increasing in popularity in
Europe and beyond
Startups grow fast into unicorns
2-3. The Netherlands: Startup Ecosystem_021517

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2-3. The Netherlands: Startup Ecosystem_021517

  • 1. The Netherlands startup ecosystem: The place to be in Europe Marten Lammertink Second Secretary Netherlands Embassy Seoul
  • 2. Startups play important role in Dutch economy, even though cumulative economic value relatively small • Startups key drivers of innovation through tech hubs and technology clusters • Government focus both on inbound and outbound, >€50 mln funding p/y • Succes stories: Online file-sharing | $100-200 mln valuation | ≈ 30 FTEs Online payments | $2 bln+ valuation | ≈ 450 FTEs Online media reader | $13 mln valuation | ≈ 80 FTEs Online travel agency | $130 mln exit in 2005 | ≈ 5,000 FTEs
  • 3. Why should you come to the Netherlands?
  • 4. The Gateway to Europe
  • 5. Small country, big tech footprint: 10+ tech hubs
  • 6. StartupDelta launched in 2014 to support Dutch startups, „linking pin‟ Dutch startup ecosystem • Public-private initiative of government and university hubs • Aim is to boost startup ecosystem in Netherlands and attract foreign startups to the Netherlands • Headed by a Special Envoy, Prince Constantijn of the Netherlands, since July 2016 • Ambition to be among top 5 startup ecosystems by 2020
  • 7. “Orange Carpet” treatment: Startup Visa • Affords ambitious entrepreneurs from outside EU 1 year to launch new business in Netherlands • Later stage startups can rely on easy residence/work permits for ≤5 years • Application takes 2-6 weeks • Expats in Netherlands have 30% Tax-free allowance on gross salary
  • 8. Services to help startups scale-up to Europe
  • 9. These fast growing (tech) companies all have a EU hub in the Netherlands
  • 10. November 2016: startup mission to Korea • Part of trajectory (Joint Statement NL-ROK) • Headed by Prince Constantijn of the Netherlands, StartupDelta Special Envoy • 7 startups and 1 hub • Aims: 1. Support Dutch startups with access to market/investors 2. Promote Netherlands as „place to be‟ for Korean startups • Roundtable Seoul CCEI, Pangyo Startup Campus, Special Get in the Ring Edition, MOUs • 2017: mission from Korea to NL??
  • 11. Mission delivered strongs results and follow-up • Improved market access to Korea for Dutch startups • Orange Bridge MOU helps startups find their way to Netherlands and Korea • Increased interest for Dutch ecosystem in Korea (media exposure) • Startup Mentor Network Korea established • Solid connection between hubs KEF and ECE (MOU), promoting entrepreneurship education
  • 12. Need help/more info? Contact us! • General questions: seo-ea@minbuza.nl • Startup ecosystem, startup visa: www.startupdelta.org
  • 13.
  • 14. Thank you for your attention!
  • 16. Three key advantages of the Netherlands
  • 17. #1 European Digital Forum #3 Research among European startups #4 Global Startup Ecosystem Ranking Ranking the Dutch startup ecosystem Dutch startup-ecosystem increasing in popularity in Europe and beyond
  • 18. Startups grow fast into unicorns