We’re happy to announce:ImpactCity and Dutch Ministry of Economic Affairs kick off joint startup label

Collaboration Social innovation Startups

Lieke Vollenbroek (City of The Hague) and Pieter Waasdorp (Dutch Ministry of Economic Affairs) represent the Netherlands at this year’s Startup Nations Summit (SNS) in Tallinn and joined forces to create a startup label. The label will be beneficial in both monitoring startup policy, as well as removing legal barriers for startup growth. Creating a startup label will not just enable targeted incentives or regulatory exemptions to address bottlenecks for young companies, but also create valuable data for government.

Over the past ten years, a new field has emerged in public policy around smarter ways for governments to enable the founders of new firms to start and scale more quickly in pursuit of economic stability and job creation. The City of The Hague and the Dutch Ministry of Economic Affairs joined forces in their quest to improve their service to startups. How? By hacking it.

The Startup Nations Summit 2017 has featured a policy hack for selected participants to design, test and develop a policy solution to help new and young firms. A policy hack is a tool for developing policies intended to solve specific challenges. Seasoned, expert policymaker peers will join startup entrepreneurs to guide the process and provide feedback. Participants – grouped into teams and supported by mentors – examine these challenges and develop the features of a proposed solution, via a well-designed, facilitated learning experience. It brings together teams of startup ecosystem representatives who ‘hack’ a specific idea or concept in an effort to solve a pre-defined problem, including the ultimate beneficiaries: entrepreneurs.

Stay tuned! Based on the outcome of the startup label policy hack a pilot will be run in the City of The Hague.