START UP YOUR

BUSINESS

Report

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Contents

Start up in Netherlands - Report ..................................................................... 2

Information About the Start up in Netherlands .................................................................................... 3

Organization Support ............................................................................................................................... 3

Start up in Spain ............................................................................................... 5

Startup Information ................................................................................................................................. 6

Breakdown/ Failure related: .................................................................................................................... 6

Organization Support ............................................................................................................................... 7

Start up in Finland ........................................................................................... 8

About the Joy Start up .............................................................................................................................. 9

Startup information ................................................................................................................................. 9

Breakdown/ Failure related ..................................................................................................................... 9

Organization Support ............................................................................................................................. 10

Start up in Turkey - SEQUEL PROJECT, NEVŞEHİR ....................................... 11

Startup in Turkey ..................................................................................................................................... 12

Breakdown, failure related ..................................................................................................................... 12

Organization Support ............................................................................................................................. 12

United Kingdom Report ................................................................................ 14

How many startup in the united kingdom? ......................................................................................... 15

breakdown/ failure related ..................................................................................................................... 15

organization support ............................................................................................................................... 15

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Start up in Netherlands - Report

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INFORMATION ABOUT THE START UP IN NETHERLANDS Amsterdam is Startup Delta’s Capital, a fertile breeding ground to both start up;

then scale up to the rest of the world. It has a proven track-record as Europe’s best

test-bed. For startups, it’s the place to validate and tweak your business model. It’s

so easy to “leave the building” and connect with those important launching

customers.

Number per Year of Growth

In 2014 145.458 companies were founded (a decrease of 1,2% as opposed to 2013)

Break down

In 2014 5.570 small and medium sized businesses went bankrupt, the amount has

decreased by 22,5% as opposed to 2013

1/3 of bankrupt companies ends activities within five years in Netherlands.

ORGANIZATION SUPPORT

In the Trade Register of the Chamber of Commerce is compulsory for every company

and almost every legal entity. In order of popularity the sectors where most starting

businesses operate are: business services, construction/engineering, healthcare,

retail and hospitality/catering

Courses: Entrepreneurship courses or submitting of business plans are not

obligatory.

Grants: The government therefore helps entrepreneurs in two ways: by guarantee

loans (government ensures €1.5 million euros of loans of new businesses and 50%

guarantee of entrepreneurial finance), to make tax benefit possible (companies pay

less income tax on labor costs) for entrepreneurs that innovate.

Governmental actions in 2015 that could lead to €2.5 million additional SME

financing, + €30 million euro’s for microcredits and + €75 million euro’s for the

innovation fund of SME’s.

Partner with Erasmus +

The government has allocated € 75 million to assist entrepreneurs and removing

obstacles.

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KvK The Chamber of Commerce must offer better and focused service to companies

at lower cost. Therefore, the Chamber of Commerce is innovating with a different

organizational structure and the financing of the Chambers of Commerce is

changing.

Participation in the NLevator - a platform for and by ambitious entrepreneurs.

See more: http://nlevator.nl

This platform supported by the government want the Netherlands to be the country

with the most growing entrepreneurs in the next five years. This to provoke creative,

innovative, ambitious and boundless entrepreneurship that leads to sustainable

results in the context of the new impact thinking.

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Start up in Spain

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STARTUP INFORMATION Number per year of Start Up:

Total of 3,466,110 enterprises operated in Spain.

287,311 were created during the year.

*The maximum was reached in 2008

The enterprises created represented 8.3% of the total number, more than half the

enterprises created have survived three years following their year of birth.

BREAKDOWN/ FAILURE RELATED: The failure rate of new start-up businesses in Spain is high: 334,541 cease to exist or

9.7%.

Manufacture of furniture (–6.6%)

Manufacture of wood and of products of wood and cork, plaiting materials (–6.1%)

Manufacture of wearing apparel (–6.1%).

In 2012, the number of enterprises that disappeared was greater than the number of

births with 47,230 units.

The rate of births of enterprises stood at 8.3%, while the rate of deaths was 9.7%,

yielding a net rate of –1.4%

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Results

Considering the territory in which the enterprise headquarters were located, Illes

Balears (9.3%), Canarias and Comunitat Valenciana (both 9.2%) presented the

highest birth rates in 2012.

In turn, Comunidad Foral de Navarra (6.3%) and País Vasco (6.4%) registered the

lowest rates of births of enterprises.

ORGANIZATION SUPPORT Advices

Make sure you first get an N.I.E. number for your business in Spain (identification

number for foreigners).

Discuss the different business structures available in Spain and decide on the one

that suits you and your business best.

Go to register your business at the local town hall.

You also need to register your business in Spain with the social security office and

make social security payments, which vary depending on the structure you’ve

chosen for your business.

Grants

Chamber of commerce, Erasmus+

The Dirección General de Política de la PYME; the association of small and medium-

size businesses in Spain is an important organization in the Spanish business world

and can give entrepreneurs a considerable amount of support.

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Start up in Finland

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ABOUT THE JOY START UP

JOY is an entrepreneurial leadership.

Mission: Opportunities through entrepreneurial skills

Values: self-confidence, integrating disciplines, think big!

Evolution of entrepreneurship education during the past two decades in KYAMK

but also elsewhere:

Entrepreneurial passion and potential of an individual, entrepreneurship educator’s

behaviors and methods, entrepreneurial university and ecosystem, entrepreneurial

competences. (curriculum extracurricular perspective).

Entrepreneurial leadership and international entrepreneurship.

Shifting focus toward supporting student-driven entrepreneurial initiatives and the

development of an entrepreneurial ecosystem in close university-industry

interaction and through regional and interaction strategic partnership

STARTUP INFORMATION The country is home to successful startups like Rovio, the maker of Angry Birds,

Nokia, and multibillion-dollar gaming company Supercell.

Number per Year of Growth intentions (2015 figures)

266 909 companies (excluding agriculture, farm related forestry, fisheries, 2012

figures*)

Micro (1-9 employees) 93,3 %

Small (10-49) 5,5 %

Medium-sized (50-249) 0,9 %

Large (250-) 0,2 %

Educational background of entrepreneurs (2014 figures)

Vocational training 32 %

College 27,5 %

University 16 %

University of Applied Sciences 9 %

High school 4,5 %

Basic education 12 %

BREAKDOWN/ FAILURE RELATED

Will shut down within a year 4 %

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ORGANIZATION SUPPORT

Courses:

Developing entrepreneurship courses and action learning environments for

business students (for instance, experimenting with student-owned co-ops as a real-

life learning environment).

Grants:

Strategic partnering with University of Cambridge Centre for Entrepreneurial

Learning in 2014.

Partner in cross-border student-based start-up development project application to

Central Baltic Programme with Tallinn University, SSE Riga, Cursor (our regional

development corporation), and an Estonian private consultancy firm

Partner in SEQUEL Erasmus+ project, and partner in two additional larger

entrepreneurship education related Erasmus+ application.

1Office Finland: provides a range of business services aimed at making the

establishment and operation of a Finnish business simple.

F & B Advisors: Established in 2005, F & B provides company registration services

and an incorporation package to help you start your business or branch in Finland.

Enterprise Finland, coordinated by the Ministry of Employment and the Economy,

offers guidance for new entrepreneurs.

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Start up in Turkey - SEQUEL

PROJECT, NEVŞEHİR

Entrepreneurship in Turkey

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STARTUP IN TURKEY Number per year of startup (Statistical facts in Turkey)

% 99 – Small and Medium Sized Businesses

% 76 – Employment

% 75 – Shutdown in 3 years

% 50 – Have Experience

% 10 – Without experience

% 63 – Business Plan

% 1 – Consulting, entrepreneurship training

In 2014 we opened 9 classes, 311 people got their entrepreneurship certificates.

% 10 of them opened their businesses.

Example of new startups in 2016: Fidelo, Maxwell Innovations, Agrotics,

BREAKDOWN, FAILURE RELATED

Example of failure: closure of Fresh Direct-like service TazeDirekt.com; Hasan

Aslanoba, one of Turkey’s leading angel investors and founder of Aslanoba Capital,

poured several millions into the service.

ORGANIZATION SUPPORT

Advices:

Find a good agent, draw up your business plan. A private limited company costs a

total of 5000TL to set up with 25% of this needing to be paid within 3 months of

creation, the remaining within three years. Having set up the company, the directors

must register the business with the local tax office and trade registry.

The first port of call for many is their lawyer. Be sure to employ the services of a

good legal advisor that knows company laws in Turkey and has previously helped

ex-pats set up successful businesses.

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Grants

In addition, the following all have current and up to date information and are the

basis of much of this articles information:

The Turkish Embassy, BCCT the British Chamber of Commerce Turkey.

TBCCI the Turkish British chamber of Commerce and Industry.

Having filled out your Articles of Association and had them officially notarized,

contact them within 15 days to organize the official trade registry.

The KGF (Credit Guarantee Fund) offers financial support.

KOSGEB (Small and Medium Sized Industry Development Organization) offers

support in areas such as research and development, marketing and training.

SANTEZ (Industrial Thesis Program) Up to 75% financial support for a project

through direct grants.

The TTGV (Technology Development Foundation) was established to encourage the

development of environmental technology.

Private Finance

Credit from financial institutions is available from a variety of private financial

institutions such as the HSBC.

See more at:

http://www.startupoverseas.co.uk/starting-a-business-in-turkey/financing-a-

business.html#sthash.ae4kXYQo.dpuf

To get the government incentives, entrepreneurs have to take 70-hour class.

No incentives to following sectors; health, entertainment, agriculture, livestock,

insurance and real estate.

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United Kingdom Report

STARTUPS

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HOW MANY STARTUP IN THE UNITED KINGDOM? 2014: There were 581,000 new companies created.

Example of new startups in London (2016): CityFALCON, Whichit, Onfido,

HeySuccess (smart platform that helps students and recent graduates find

international opportunities abroad also assists companies…)

BREAKDOWN/ FAILURE RELATED

More than half of new businesses don’t survive beyond five years, with the UK tax

system, a lack of bank lending and the cost of running a business cited as the top

reasons for failure. CB Insights has a full list of 146 startup failure post-mortems from

the past few years.

Example of startups which failed in the United Kingdom: Homejoy, Zirtual,

Grooveshark (it made mistakes by failing to secure licenses from rights holders for

the vast amount of music on the service.)

ORGANIZATION SUPPORT Advices:

Realistic idea, make a business plan with potential products to sell.

Research your market - identify potential customers.

Talk to them and find out if your idea is meeting a real need.

Develop and plan - test your product or service with real customers, make changes,

and test it again.

Find partners and suppliers - think about who you’re going to work with to develop

and sell your idea.

Set up your business - work out which legal structure is right for you, and register

for tax.

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Grants:

The British Chamber of Commerce represent thousands of businesses who have

employed over 5 million employees. They are an independent business network and

have Accredited Chambers in every nation and region of the UK as well as in key

markets around the world

Federation of Small Businesses: The Federation of Small Businesses promote and

protect the interest of small business owners and the self-employed across the UK.

CBI

Much like the organizations that we have discussed so far, the Confederation of

Business Industry is a business lobbying organization that provides a voice for

employers at both a national and international level.

Social Enterprise UK

Social Enterprise UK are the UK’s national body for social enterprise.

Training for success: organization for NE