Amsterdam’s startup ecosystem has grown rapidly in recent years. According to the Startup Genome report, the city is home to many international talents, boosted partly because highly skilled immigrants can qualify for 30 per cent tax reimbursement and international graduates get one year to find a job or start a business post graduation.
As per the 2021 Global Startup Ecosystem report, Amsterdam-based startups have a combined value of more than $86B (approx €73.5B), up from $12B (approx €10.2B) in 2015. In 2015, the city ranked 19th in the best startup ecosystem ranking. Since then, it has climbed up to the 15th spot in 2019 and now stands at 12th position globally – and 3rd best startup ecosystem in Europe after London and Stockholm.