The ScaleUp Dashboard is an annual research that answers various questions surrounding the phenomenon of scale-ups. How many scale-ups does the Netherlands have and what is the impact of these fast-growing organisations in terms of job creation and the Dutch economy?
The ScaleUp Dashboard 2018 shows that:
- The absolute number of scale-ups has again increased; from 2.285 in 2016 to 2.695 in 2017, which is an increase of almost 18 per cent. It is the 3rd consecutive year in which the growth in the number of scale-ups exceeds 15 per cent.
- Scale-ups have created 46.837 fulltime jobs during the last three years.
- For the first time since years, more than half of Dutch companies with more than 10 employees have been able to grow.
- The number of scale-ups among established companies has increased. Growth in the number of young scale-ups has halted.
- Dutch ‘top sectors’ host only 30 per cent of all scale-ups in the Netherlands. Most scale-ups are active within the High-tech systems and Materials. Industries with the highest number of scale-ups are business services, retail & wholesale, and professional services (consultancy & applied research).
- Although the Amsterdam region hosts the youngest scale-ups (40), the number of young scale-ups had quadrupled to 20 in the Rotterdam region. The Hague completes the top three with 15 startups that have been able to scale-ups rapidly.
“The Scale-up Dashboard is the first list that truly takes into account and measures all companies in the Netherlands with more than 10 FTE. There are more lists about scale-ups available, but those give limited insights because companies have to register themselves or the lists are focused on specific sectors. Insight in which companies truly belong to the Top of scale-ups is missing and that is what we hope to achieve by creating and launching this Top 250 Scale-ups (Top 250 Groeibedrijven) – of over 2600 scale-ups – in the Netherlands.” – Prof.dr. Justin Jansen
ScaleUp Dashboard 2018
Why do some startups develop into scale-ups and others not? Which factors are indicative of successful fast-growing organisations and which barriers of expansion exist? Prof. Justin Jansen (Academic Director Erasmus Centre for Entrepreneurship and Professor of Corporate Entrepreneurhsip at Rotterdam School of Management) conducts research regarding the success-indicators of scale-up prosperity.
Scale-ups play an important role in the job creation process and thereby substantially influence the regional economy. Our research shows that the Top 250 Scale-ups of 2017 already created over 10.000 jobs. These high-growth firms are strongly dependent on their local economic context. In order to stimulate the labor market and economy, scale-ups need to be understood and supported.
A scale-up is defined as a company with at least 10 employees that has grown by at least 20 per cent per year over a three-year period (OECD, 2007). A company is considered fast-growing when it can be defined as a development-stage business, that is looking to grow in terms of market access, revenues, and number of employees.
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Discover scale-ups in your region or sector
The Erasmus Centre for Entrepreneurship conducts research on scale-ups on a regional level, on commission for organizations such as the Brabantse Ontwikkelingsmaatschappij (BOM), Innovation Quarter (IQ) and the city of Rotterdam. Also for non-governmental and commercial organisations, our database and studies can be adapted to region or sector, reveiling all companies with a reliable 3-year top growth record.
Fast growing companies in the Netherlands
Top 250 Scale-ups
Every year the Top 250 Scale-ups (Top 250 Groeibedrijven) is published. This list is based on our ScaleUp Dashboard and gives insights into which companies truly belong to the Top of scale-ups.
The companies in the Top 250 together created over 30.000 jobs!
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Prof.dr. Justin JansenAcademic Director
Marleen BaxProject Manager Education
Curious to learn more about the ScaleUp Dashboard and our research in the area of fast-growing organisations?
Get in touch with our Research Team!
Phone: +31 10 302 1331