Netherlands StartupEmployment2022 FourthEdition,December2022 Tableofcontents. LouisGeoffroy-Terryn louis.gt@dealroom.co CarlaNapoleão carla.napoleao@dealroom.co AlexHamilton alexander.hamilton@dealroom.co ArjanGroen arjanmarten@techleap.nl SabineKerssens sabine@techleap.nl DaanvanderVelden Daan.vandervelden@cbre.com Tableofcontents. 1 StartupjobsintheNetherlands 2 ImpactStartups&Jobs 3 StartupJobspersector 4 Geographicaldistribution 5 Jobs&investmentincontext 6 Methodology Page/2 Usefultermstonavigatethisreport. StartupAcompanydesignedtogrowfast.Generally,suchcompaniesareVC-investablebusinesses.»readmore UnicornTechenabledcompanyfoundedafter1990,valuedover$1billion.»readmore Thisisthe4theditionoftheNetherlandsStartupEmploymentreportbyTechleap.nl,CBREandDealroom.co Homegrown startup StartupswithcurrentmaincenterofbusinessintheNetherlands.Onsomeoccasions,startupsfoundedabroad,whichlaterrelocatedtotheNetherlands,areincluded(Mambu).Dutchstartupswhichrelocatedabroadarealsoincluded(Elastic). LocaljobsJobscreatedbydutchstartupsintheNetherlands. Part-time,contract-basedandinternshipsaregenerallyincluded,but self-employedjobsassimilatedtothe“gig-economy”arenot. GlobaljobsAlljobscreatedbyDutchstartupsintheNetherlandsandabroad. Note:unlessotherwisementioned,“jobs”refertolocaljobsthroughoutthisreport. Moredetailedinformationonthemethodologyandunderlyingdatacanbefoundinthededicatedsectionattheendofthisreport,andonknowledge.dealroom.co. Page/3 Whatyouneedtoknow. Dutchstartupssupport135Kjobs,withmoregrowthpotential TheDutchstartupecosystemcurrentlysupports135K+jobswithanannualgrowthof7.6%.Thisrepresentsanincreaseof64.5Knetnewjobssince2018. TheDutchstartupemploymenthaveshowedresilientduringthefirsthalfoftheyear,withlayoffsmainlyaffectingbigtechcompanies. ThereʼsstilluntappedpotentialintheDutchstartupemploymentlandscape.ResearchonEmployeeStockOptionPlansrevealsthatthereʼsupto116,000jobsthatDutchstartupscanprovideby2030. Impactstartupsarebecomingamajoremployer 550+startupsintheNetherlandshavesustainabledevelopmentgoalsatthecoreoftheirbusiness. Impactstartupswithatleast2employeescurrentlygenerate10%(or13.9K)ofthetotalnumberofstartupjobs,upfrom7%lastyear. RisingstarslikeLightyear,EVBoxandVanMoofareamongstsomeofthestartupscontributingforthisongoinggrowingtrend. TechtalentremainsinhighdemandacrosstheNetherlands Techrelatedrolesareamongstthe hardest-to-fillpositions,withjobvacanciestypicallystayingonlineonaverage69days,abovethenationalaverageof65days. Someofthebiggestsuccesscases,innovationandjobcreationishappeningacrossthecountry.62%ofthetotalstartupjobsiscreatedoutsideofNorthHolland. ConnectivitybetweentheDutchregionsremainstopofthebill,andtalentfromalluniversitiescanbefoundmigratingthroughoutthecountry. 1StartupjobsintheNetherlands Employeesbycompanytype. Employeesbycompanytype. 135.2Klocaljobs athomegrownstartups,scaleupsandgrownups. 49.1K jobs (36%) 56.5K jobs (42%) (22%) jobs 29.5K Startups 4.8Kcompanies 9avg.yearsold10avg.employees Scaleups 746companies17avg.yearsold76avg.employees Grownups 53companies 19avg.yearsold557avg.employees Total 5.6Kcompanies10avg.yearsold24avg.employees Companiesinthisreport. Grownups Formerstartups&scaleups.Morethan500peopleglobally. FoundedintheNetherlandsafter1990(intheinformationage). Scaleups Formerstartups. 50-500peopleglobally. FoundedintheNetherlandsafter1990. Startups Companiesdesignedtogrowfast. VC-backablebusinessmodel. Lessthan50people.FoundedintheNetherlandsafter1990. Page/6Source:Dealroom.co.Period:July2022. Totaljobs Period StartupsintheNetherlandscurrentlygenerate135Kjobs,withyoungercompaniesaddingmostofthenewpositions. jobs. Page/7Source:Dealroom.co.Forthetable,thejobcountforeachoftheyearperiodsbeginsatthelaunchdateforthestartupcompanieswithinthosesegments.Source:NLtimes. 60K 50K 40K 30K 20K 10K 2021-2022 50.8KJobs +6.4%YoY 42.5KJobs +6.7%YoY 24.6KJobs +6.9%YoY 17.1KJobs +15.2%YoY Page/7 1990-20052006-20102011-20162017-now TheoverallDutcheconomygrewby4.8%lastyear,itsstrongestregisteredgrowthsince1998*.Followingasimilartrendobservedinpreviousreports,startupsareanaboveaveragegrowingindustrywithanannualgrowthof7.6%. Companiesfoundedbefore2005remainthebiggestemployersinthedutchstartupandscaleupecosystem,currentlyemployingnearly51Kpeopleacrossthecountry.However,thiscohortofcompaniesnowrecordstheslowestgrowth,at6.4%year-over-yearonaverage.Theyoungestcohortofcompaniesisnowcontributingto>17K AflywheelisstartingtoshowintheNetherlandswherefounderswhogainedexperienceatlargedomestic&foreigncompaniesturntoentrepreneurship. StartupsfoundedbyformeremployeesofDutchunicorns&techbehemoths DutchstartupsfoundedbyformeremployeesofDutchaswellasforeignunicorns&techbehemoths Startupsfoundedbyformeremployeesofforeignunicorns&techbehemoths DutchStartupEcosystem Dutchunicorns&techbehemoths Weidentified100+startups (co-)foundedbyindividualswhofirstgainedexperienceasemployeesofoneofthe29Dutchunicorns,orintech&R&DintensiveDutchcorporates. Thisnewgenerationofstartupsalreadygene