Dutch prime minister Schoof promises startups help after alarming figures
Briefly

The Dutch government is responding to stagnation in the tech startup sector, as highlighted by Techleap's research, by intensifying efforts to attract venture capital. Prime Minister Dick Schoof emphasized the necessity to keep pace with global leaders like the U.S. and China. Recent data indicates a troubling decline in the number of startups securing substantial funding, but there’s a significant rise in total venture capital, which recently increased by 47%. The focus will also be on investing in AI and alleviating regulatory challenges for startups.
The Dutch government is ramping up efforts to support tech startups and attract venture capital amid stagnation in the sector.
Prime Minister Schoof highlighted the need for action to compete with tech leaders like the U.S. and China during Techleap's annual meeting.
Despite fewer startups securing funding, total venture capital in the Netherlands surged by 47% to 3.1 billion euros, ranking it fourth in Europe.
The government aims to invest more in AI and reduce regulatory burdens that hinder the growth of Dutch startups.
Read at Techzine Global
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