Week of Regional Entrepreneurship - Oost NL

Week of Regional Entrepreneurship -  Oost NL

From 14 August to 23 August, the gong ceremony at Beursplein 5 focuses on the activity and entrepreneurship in the various regions in the Netherlands. Euronext has invited the Ministry of Economic Affairs and the Regional Development Companies to put their work in the spotlight during the Week of Regional Entrepreneurship.

Development Agency East Netherlands (Oost NL) opens the trading day at the Amsterdam exchange of Euronext by sounding the gong to bring attention to the innovative business stars in which they have invested. Innovation is important for companies, as well as regional and national economic development, and Oost NL takes this opportunity to bring attention to the innovative companies it has boosted over the years. Some of these companies have been invited to attend the ceremony: Xenikos, MIMETAS, Hygear, Solease, Axign, and NIZO.

Many innovative start-up companies fail to make the leap from their product development phase to a growing enterprise that registers consistent performance and growth. In order to help bridge this transition, at Development Agency East Netherlands they leverage investments made using funding from the Dutch government, as well as the provinces of Gelderland and Overijssel to help business owners to grow faster through innovation, investing and internationalization. Together with the business owners, Oost NL searches for the right type of funding for each situation. The goal is to help businesses to responsibly transition from start-up to growth phases and eventually to stimulate the local economy through new jobs. This is how they strengthen the regional economies. They do this at the behest of the Dutch Ministry of Economic Affairs and the provinces of Gelderland and Overijssel.

René van Vlerken, Head Small & Mid Cap Listings at Euronext Amsterdam: ''The Regional development companies are extremely important for the growth of the Dutch economy and accelerating innovation.'' Entrepreneurship and the exchange go hand in hand, for over 400 years. Euronext plays an important role in the financing of the real economy. "With initiatives like Euronext Growth and our exclusive TechShare program, we support medium and small businesses in their growth, we provide access to finance, help in promoting the organization, and  increase its visibility."

For more information: www.oostnl.nl  

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