Start-ups contribute significantly to new products, services and knowledge. They are therefore crucial to innovation. But to make a big impact on our economy and society, startups have to grow into scale-ups. And only 16% of all Dutch startups succeed in doing so (Techleap, 20201).
Despite the increasing supply of start-up support and funding, the number of start-ups that grow is not increasing. All the more reason to investigate this and learn together how we can do better. The Startup Development Report 2021 gives a constructive start.
In the past two years, the BOM (Brabantse Ontwikkelings Maatschappij), BRAVENTURE and Gritd, in consultation with the Province of Noord-Brabant, have analysed the growth of 660 Dutch startups. In addition, they investigated the impact of mentoring and funding on the growth of 187 startups in Brabant.
95 percent of Dutch startups grow inconsistently
As a result, they develop less quickly than they should. That is one of the five insights from the Startup Development Report 2021.
The researchers plead for more attention to consistent growth in all aspects of the business: the customer relationship, the product development, the business model and the team development.
Better alignment of guidance and funding have a major impact on the speed and efficiency with which startups grow into mature companies. In the report, the researchers call for a common, nationwide approach to promote the speed and efficiency of the growth of startups.
The ambition is to publish a new edition of the Startup Development Report every year. In this way, we all contribute to an effective Dutch startup ecosystem. Where the focus is on helping startups become scale-ups. And where advisory and financing instruments fit seamlessly.