Start-ups that have impact prefer to be based in North Brabant or South Holland

Impact start-ups as pillar of Dutch start-up ecosystem

Accounting for 13.9 thousand jobs, Dutch impact start-ups have become a prominent sector in the Dutch tech ecosystem. Only healthtech (15.4 thousand jobs) and fintech start-ups (14.7 thousand jobs) employ more people. The provinces of North Brabant, South Holland and Gelderland are home to the highest number of impact start-ups.

The report defines an impact start-up as “a company whose core business focuses on at least one of the UN Sustainable Development Goals (SDGs) and has the potential to be scaled up.” Lightyear from the city of Helmond is the largest impact start-up in the Netherlands, with well over five hundred employees. But also many smaller start-ups, such as Greeniuz, where they are developing electric heat panels to heat homes entirely without gas, or ReShirt, a company that makes shirts from old tablecloths and bed linen, are other examples that fall within this impact definition.

Fastest job growth among food tech and energy start-ups

The number of jobs at food tech start-ups grew 27 percent compared to April last year, making this the fastest growing sector. One example of a success story in this category is Limburg-based Mosa Meat. We wrote about this company earlier in this article when it presented the world’s first cultured meat burger made from stem cells from a cow just under a decade ago. Over the past year, after food tech, energy start-ups are leading the way in terms of job growth.

Start-ups per region

North Holland has the most mature ecosystem with a total of 1,800 start-ups and 51.6 thousand people working in start-up jobs. The province of South Holland comes in second with 1,300 start-ups, of which more than 150 of them are impact start-ups. North Brabant ranks third with 700 start-ups and stands head and shoulders above the rest among deep-tech companies. Among others, the report highlights Prodrive Technologies and Smart Robotics. We previously wrote about the latter citing that they are among the top five robotics companies in the logistics sector globally.

New tax laws

The start-up climate in this country looks set to get even better next year. The Dutch House of Representatives passed a new law in June to make it easier for start-ups to pay staff in shares. In this way, employees will be able to benefit more easily from the future success of a start-up. Start-ups are consequently able to attract top talent more readily, without having to pay very high salaries outright. The bill will be debated in the Dutch Senate today and tomorrow.

According to Techleap researchers, this change in tax regulations will create tens of thousands of more jobs over the next period. Dutch start-ups are expected to be good for another 116,000 jobs by 2030, yielding a total of 251,000 jobs.