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Paris and Amsterdam enter into an unprecedented exchange agreement for start-ups

17.03.2016

Press Release – Tuesday 15th March 2016

Paris and Amsterdam enter into an unprecedented exchange agreement for start-ups

Following the visit of the Netherlands royal couple, Paris and Amsterdam have just entered into an unprecedented exchange agreement for start-ups. It will allow the entrepreneurs from these regions to enjoy business opportunities or partnerships with the partner city, in targeted activity sectors.

 

Last Friday, Anne Hidalgo, the Mayor of Paris, welcomed Your Majesties the King and Queen of the Netherlands to the City Hall. They met for over an hour discussing the links between Paris and Dutch cities, notably on sustainable transportation, culture and living together.

This was also an opportunity to discuss economic attractiveness and Paris’s and Amsterdam’s networks of innovation. Following an initiative launched by the agencies Paris&Co and StartupAmsterdam, a delegation of 16 Dutch start-ups was able to visit Le Cargo (19th arrondissement), Europe’s largest business incubator, opened a few days earlier by the Mayor of Paris.

Following this meeting, Paris and Amsterdam decided to enter into a partnership which aims to develop the exchange between innovative start-ups between the two cities. This agreement has just been signed by Jean-Louis Missika, Assistant to the Mayor of Paris, and his Amsterdam counterpart, Kajsa Ollongren.

This unprecedented agreement aims to give start-ups the chance of discovering business opportunities or partnerships in the host city and in targeted sectors such as: IT and communications, digital healthcare, smart cities, travel tech, gastronomy and sport.

It will be undertaken in a number of ways such as boot camps, development and accelerated integration programmes, or longer immersion in the Paris and Amsterdam networks. It will be implemented by the two agencies Paris&Co and StartupAmsterdam, who are committed to        make jobs available and open their respective networks to interested innovative companies.

« I am pleased that Amsterdam, a city with which Paris has strong bonds of friendship, has accepted to enter into this agreement. Following the partnerships agreed with New York and Montreal in the last few months, Paris continues to reinforce its links with world cities on the important subject of economic attractiveness », Jean-Louis Missika, Assistant to the Mayor of Paris responsible for Architecture, Urbanism, the Grand Paris projects, economic development and Attractiveness, stated.

« These arrangements are essential to support the development of Parisian and French entrepreneurs internationally. It is also a pledge of openness of our capital, which wants to be a real welcoming ground for innovation and which has set a goal of having 30% of foreign start-ups in its business incubators by 2020 », added the elected representative.