Investments
27Portfolio Exits
3Partners & Customers
2About Netherlands Enterprise Agency
Netherlands Enterprise Agency (RVO.nl) encourages entrepreneurs in sustainable, agrarian, innovative and international business. It helps with grants, finding business partners, know-how and compliance with laws and regulations. The aim is to improve opportunities for entrepreneurs and strengthen their position. The Agency works at the instigation of ministries and the European Union.
Netherlands Enterprise Agency Headquarter Location
Prinses Beatrixlaan 2
The Hague, 2595 AL,
Netherlands
+31 88 602 50 00
Latest Netherlands Enterprise Agency News
Apr 6, 2022
In China, the middle class and the need for fresh and safe food are growing rapidly, but at the same time, the Chinese agricultural sector is struggling with several sustainability issues. Dutch knowledge and horticultural experience provide optimal solutions for the development of sustainable agriculture in China. Dutch Greenhouse Delta (DGD) presents the entire horticultural value chain in the Netherlands and cooperates with the Chinese government at several levels in order to contribute to the supply of fresh and safe food in China. Gert Dral, the Head of DGD Asia Pacific, and Michael Min, DGD’s representative in China, discuss the developments in Chinese agriculture and the cooperation with the Chinese government and local companies. Gert Dral Strong support from local government ‘’At present, DGD focuses on the needs of the first-tier cities along the coast of China, where the economy is growing rapidly, and the demand for better, fresher, healthier, and safer food is also stronger.’’ Gert Dral explains: ‘’People here are willing to buy safe and high-quality food at reasonable prices. We have carried out many activities in Beijing, Shanghai and Qingdao, and have received strong support from the local government. Most of our partner companies have their own representatives or branches in China. Under such an industrial cluster, we can provide knowledge sharing in every link from agricultural planning, greenhouse design and construction, seeds, operations, and brand marketing.’’ Two liaisons in China In addition, DGD has also successfully applied to the Netherlands Enterprise Agency for a PIB (Partners for International Business) China project. This PIB for China is funded by the Dutch government to share the cost of entering new markets in China for public and private companies in specific industries. The agreement was signed in January 2021. We have planned a three-year program to better promote the development of Dutch enterprises in China within three years. We organize various publicity activities, like seminars, and industrial dialogues, and we actively participate in industry exhibitions such as IPM and HortiChina. The embassy has also established two liaisons, to support PIB's activities in China. One is Mr. Nick Hong who has worked as an Agriculture Officer at the Consulate General of the Kingdom of the Netherlands in Shanghai for over 25 years, and the other is Pan Mengyao who has worked as an Agriculture Officer at the Dutch Embassy in Beijing. Both are experienced in horticulture and Chinese government relations Detailed market research to understand the needs For each cooperation in China, detailed market research is conducted. Gert Dral clarifies: "According to the local climatic conditions, regional market conditions, and the greenhouse function that the planted products are designed to meet, there is no greenhouse in China that is exactly the same. We must take the time to understand the needs of both parties, respect each other, and work towards the same goal in order to achieve a win-win situation." Horti China with PIB China cluster A practical model for the Chinese market The DGD model is very practical in the Chinese market. DGD includes local Chinese companies in the cooperation, e.g. in finding local materials to reduce costs and participating in local operations. Basic materials such as glass, steel, and aluminum can be sourced locally, while core components and knowledge come from the Netherlands. The Dutch horticulture industry has been active in China for over a decade and has built many successful projects in China, but many of them are built by the local government as demonstration projects. Gert Dral: ‘’In recent years, Chinese local governments have paid more and more attention to the development of horticulture and to the practical application and operation of greenhouses and sales of the products, rather than a mere display project. The Chinese government is also actively seeking knowledge and experience from the Netherlands on how to reduce long-term high investments in subsequent operations and manpower after the greenhouse is built’’. Dutch companies face intense competition in the Chinese market. But in a team with an all-value model, there is less competition and there are more channels to win. This model, not only promotes Dutch horticultural technology and makes investors profitable, but also allows Chinese consumers to enjoy delicious, high-quality, and safe products. For more information: Thank you Something went wrong with your message. Maybe it was seen as spam, please browse some more articles on our site before trying again. Email this article to a friend We require you to complete all the text fields marked with *. Your Name
Netherlands Enterprise Agency Investments
27 Investments
Netherlands Enterprise Agency has made 27 investments. Their latest investment was in Lightyear as part of their Grant - II on December 12, 2021.
Netherlands Enterprise Agency Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/9/2021 | Grant - II | Lightyear | $4.29M | Yes | 4 | |
12/1/2021 | Loan | Amarna Therapeutics | $1.13M | No | 3 | |
11/17/2021 | Series B | Neuroplast | $11.5M | Yes | 4 | |
8/31/2021 | Grant - II | |||||
5/3/2021 | Unattributed |
Date | 12/9/2021 | 12/1/2021 | 11/17/2021 | 8/31/2021 | 5/3/2021 |
---|---|---|---|---|---|
Round | Grant - II | Loan | Series B | Grant - II | Unattributed |
Company | Lightyear | Amarna Therapeutics | Neuroplast | ||
Amount | $4.29M | $1.13M | $11.5M | ||
New? | Yes | No | Yes | ||
Co-Investors | |||||
Sources | 4 | 3 | 4 |
Netherlands Enterprise Agency Portfolio Exits
3 Portfolio Exits
Netherlands Enterprise Agency has 3 portfolio exits. Their latest portfolio exit was G-Therapeutics on October 22, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/22/2019 | Merger | 2 | |||
Date | 10/22/2019 | ||
---|---|---|---|
Exit | Merger | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 2 |
Netherlands Enterprise Agency Partners & Customers
2 Partners and customers
Netherlands Enterprise Agency has 2 strategic partners and customers. Netherlands Enterprise Agency recently partnered with Fugro on December 12, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
12/8/2020 | Vendor | Netherlands | Fugro wins three site investigation contracts for IJmuiden Ver offshore wind farm zone Fugro wins three site investigation contracts for IJmuiden Ver offshore wind farm zone . | 1 | |
2/16/2020 | Vendor |
Date | 12/8/2020 | 2/16/2020 |
---|---|---|
Type | Vendor | Vendor |
Business Partner | ||
Country | Netherlands | |
News Snippet | Fugro wins three site investigation contracts for IJmuiden Ver offshore wind farm zone Fugro wins three site investigation contracts for IJmuiden Ver offshore wind farm zone . | |
Sources | 1 |
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