In our third annual edition of the Dutch startup jobs report in partnership with TechLeap and CBRE, we’ve found that startups in the Netherlands have created 130,000 local jobs across the country. Since 2018, startup jobs have grown at an average annual rate of 8%.
VC-backed jobs
VC investment and growing enterprise value are drivers of this constant job growth. In 2021, €5 billion has been invested in Dutch startups so far, three times more than in all of 2020. This makes the Netherlands the third fastest growing European ecosystem for VC investments. The total enterprise value of the Dutch startup ecosystem is now set at €296 billion.
Distribution of employment
The jobs being created by startups range far beyond technical jobs. Among the most vacancies currently open are those in sales, business development, legal, HR or customer support.
The report shows that health, fintech, ecommerce, energy, foodtech are the fastest growing sectors for employment. 70% of newly created jobs are in these sectors. Ecommerce has the highest annual growth of more than 16% since January 2020.
Not just Amsterdam
The jobs are spread all over the Netherlands, with the majority outside the Amsterdam Hub and the wider province of North Holland. Groningen (with a growth of 10.5% between 2018 and now) and Noord-Brabant (fastest growing ecosystem with the creation of 4,500 local jobs since 2018) differ from the other provinces when looking at job growth.