Innovation in Amsterdam

At the recent Innovation Expo in Amsterdam on 14 April 2016, a new City Deal was signed, known as “Warm Welcome for Talent”. This latest City Deal (Dutch link), the seventh so far, is an agreement between the municipalities of Amsterdam, Groningen, The Hague, and Eindhoven to collaborate on making the Netherlands more attractive to ambitious foreign entrepreneurs. These creative entrepreneurs are important for the economy, and for creating new jobs.

City Deals

In City Deals, concrete cooperation agreements are made between cities, governments, businesses, and other organisations. These deals are meant to lead to innovative solutions to social issues, and new ways of strengthening the economic ecosystems of the urban region.

The deal was signed by Minister of Economic Affairs Henk Kamp, and several other Dutch ministries were also signatories. Further important partners involved in the deal include the Expatcenter Amsterdam Area, Startup Amsterdam, Startup Delta, and the Chamber of Commerce. These groups are also supported by external experts, accelerators, incubators, and the entrepreneurs themselves.

Together, they will try to learn more about the decision-making process that foreign entrepreneurs go through when deciding where to settle, and where to grow their business.

Green Deals

The Innovation Expo also announced five new Green Deals, which focus on green growth. In Green Deals, the government, NGOs, and the private sector work together to create a green economy, and many projects have already been launched and completed successfully. One of the new Green Deals, “Green Roofs”, aims at building roofs so that they can serve as a buffer against water, prevent overheating, and encourage biodiversity.