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Apply For startup Visa

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If you are a non-European entrepreneur, planning to relocate to the Netherlands, the Startup Visa could be an ideal tool to obtain residency in The Netherlands.


The Netherlands has a great innovative culture and a suitable startup ecosystem which welcomes global entrepreneurs from all over the world.


The Startup Visa  grants entrepreneurs a one-year period to build or expand an innovative company in The Netherlands.


One of the requirements for this scheme is that the startup works with an approved startup visa facilitator. The role of the facilitator is to introduce the entrepreneur to the Dutch/European market and provide support and guidance throughout the duration of the startup visa. This can be done by providing introductions, invitations to relevant (networking) events and offering mentoring sessions on business development in the Netherlands/Europe.

General Requirements

 

• Working together with a trusted and experienced mentor (facilitator) that is based in the Netherlands; (INCO works with several Facilitators)

• A product or service that is innovative;

• The start-up entrepreneur has a step-by-step plan to develop their idea into a business;

» Our company owns intellectual property (in your case, a IT platform, for example, preferably as innovative as

possible) which is a competitive advantage and allows you to grow fast;

» Ideally your founding team is complete and committed, which allows you do sales, grow the company and build the product without outside dependencies.
• The start-up entrepreneur and the facilitator are registered in the Trade Register of the Chamber of Commerce (Kamer van

Koophandel); (can be done after receiving the startup visa)

• You have an operational marketing plan to grow internationally;

• Ideally you are serving customers with a first version of your product or service already or expecting to do so within a

couple of months;

• The start-up entrepreneur must have sufficient financial resources to reside and live in the Netherlands for one year. (ap-

prox. euro 14.000)


More information: http://english.rvo.nl/subsidies-programmes/residence-permit-foreign-start-ups

The Fees

 

If the application is complete and includes all relevant documents, applicants will be notified of the official decision within 90

days, however, start-up applications will be given top priority at the IND in order to ideally process them sooner (the current

estimation is 7 weeks)


• The one-time application costs charged by the Facilitator are approx. €€ 2000 - € €3.500

• The application costs at the IND are €€317

• We ask you to become a one-year member at Facilitator, consider a budget to rent a (flex) desk starting at €175 per

month.

Finding a Dutch Startup Facilitator

 

The Netherlands has a impressive network of incubators and accelerators, which can act as facilitator for your Dutch Startup. These facilitators provide the entrepreneur with a package of support tailored to the specific needs of the startup. For example,  the facilitator can assist with operations, marketing efforts, and looking for funding solutions.


There is a full list of recognised facilitators available at the website of the Dutch government


https://english.rvo.nl/find-facilitator , but any incubator or accelerator can apply to become your Facilitator if they meet the criteria.


The procedure at the facilitators looks like this:


  1. Complete the application form

  2. The facilitator will decide to have a first call or not. This will be an intro call with me and the purpose is to get a better idea of the entrepreneur and what they are working on. (typically within 1 week for both facilitators). In case of B. Amsterdam, the 'jaar plan' is already important. Meaning, you should have a clear vision on what you like to achieve in the first 12 months, and how you ensure that after 12 months the company will be profitable, and be able to pay you both a fair salary. In attachment I covered this with the 5 milestones, which you should describe in detail. Especially on how to make turnover, and how you will get the visitors/sales (especially if you only consider a marketing budget of 300 EUR pm).

  3. After this they discuss with the team and when it seems like a fit, they'll invite for a second call (or visit) with their startup visa coaches. This call/visit will be a more indepth look into the business plan and a chance for the mentors to meet the entrepreneur. (within 2 weeks after the first call)

  4. The decision to continue with facilitation or not is made after the call/visit/interview and they will let the applicant know


Here's a description of what the facilitators are looking for:


  • Your company owns intellectual property (in your case, a IT platform, for example, preferably as innovative as possible) which is a competitive advantage and allows you to grow fast;

  • Ideally your founding team is complete and committed, which allows you do sales, grow the company and build the product without outside dependencies.

  • You have an operational marketing plan to grow internationally;

  • Ideally you are serving customers with a first version of your product or service already or expecting to do so within a couple of months;

  • You have a working product or prototype;

  • You agree to domicile in the Netherland, with its main address at the Facilitator and a Dutch Chamber of Commerce number.

  • Ideally, The company or foreign entity is no older than 3 years and The Netherlands will be one of the first markets

  • The start-up entrepreneur must have sufficient financial resources to reside and live in the Netherlands for one year. (approx. euro 14.000) More information: http://english.rvo.nl/subsidies-programmes/residence-permit-foreign-start-ups


From a financial perspective there are a few things to consider:


1.) The entity or individual needs to be able to show they have at least €14K in their bank account to prove they can support themself while here,


2.) The facilitator requires a one-time €2K program fee and is expected to physically be here regularly at the Facilitator (by using their flexi-desk and visiting for program events).


As mentioned, in case of CIC, we will waive 2K of our fees, if CIC will be actively involved in preparing your Marketing/Annual Plan, and this will save hours from the estimation that INCO has quoted. We will have to see this in practice before we can decide this.


3.) You need to pay €321 to IND to submit their application.

Step-by-step Marketing plan

 

The start-up entrepreneur, who is planning to apply for the Dutch Startup Visa, must have an active role in the company. This means he/she is not simply a shareholder or financer.


In order to discuss your plans with the Facilitator, and later, to submit your application to the IND,  it’s important to have a solid plan in place which includes your ambitions, and goals for the first 12-24 months of your operations in The Netherlands.

At a minimum, the step-by-step plan must detail the following:


• the structure of the organisation

• the assigned roles and tasks

• the legal form of the company

• the personnel

• the purpose of the enterprise.

• A description of the idea for the product or service and why it is innovative (see Innovativeness)

• A description of the planning and activities associated with setting up the company.

• Details of the development activities planned for the first year.

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