As a startup, where do you want to end up? EYnovation helps innovative entrepreneurs grow from local to global.
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1 As a startup, where do you want to end up? EYnovation helps innovative entrepreneurs grow from local to global.
2 Will you wait for the future to happen, or do you take a hand in shaping it? Market leaders of tomorrow may be only ideas today. We believe that entrepreneurial spirit drives innovation. For that reason EY supports ambitious entrepreneurs who will change the market. EYnovation is our subscription based service for young high-potential companies. It offers you direct access to EY s worldwide extensive network and offers you all the services you need to accelerate your business. As part of EY s mission to build a better working world, we offer you specialized guidance for sustainable growth. We help you grow from local to global. Custom-designed to meet your business standards. 2 EYnovation Building future market leaders 3
3 Our services Through the EYnovation subscription, we offer a wide variety of services to high-growth startups and scaleups. Our services are custom-designed and include all the ingredients for sustainable growth. Our extensive and international network provides the foundation for our services. It allows us to help you quickly get on track, both in your own region and abroad. We provide advice on the best legal structure for a company, for example. Because a solid foundation sets the stage for long-term sustainable growth. In addition, we look at various aspects such as how to protect your intellectual property and ways to attract employees. Plus, using our network we can put you in touch with a potential investor. If you plan to do business abroad, you will face different tax regimes. We map out exactly what this will mean for your business. About the EYnovation subscription EYnovation offers high-potential entrepreneurs a large number of services. What do we offer? Subscription fee based service agreement Community with peers and access to broad EY network All questions requiring 1 hour free of charge Annual tailored strategic sessions with experts Single point of contact 4 EYnovation Building future market leaders 5
4 How does it work? Our service offering is based on a three year subscription consisting of three parts. EYnovation subscription example* Part 01 General services (included in subscription price) The first hour per question is included in the subscription and will never be billed. An accountmanager will be the first point of contact and responsible for quality and service delivery, available for day-to-day questions and second opion on business decisions. You will have an annual strategic session that scans the current state of development of the company and current issues. And last but not least, you will have access to our entrepreneurial network and community. Service Subscription Additional Access to our EYnovation community Day to day questions Annual strategic session Incorporation, legal structure review and simple trade mark check Bookkeeping and preparation VAT declaration Part 02 Services tailored to phase of life cycle (included in subscription price) These services include amongst others compilation of financial statements, preparation of corporate and personal income tax returns, payroll administration and more. Compilation of financial statements Payroll personal holding Preparation of personal income tax return Impact measurement (social entrepreneurship) Part 03 Additional services (not included, discounted rates) Additional services are tailored to the phase of life cycle and can include advisory, assurance, tax, legal and transactional services. All other services are provided against discounted rates. Dedicated Account Manager Payroll operational entity Business tax advisory Support in capital raising Legal support Pricing Fixed price Discounted rates 6 EYnovation Building future market leaders *Example only, please discuss your tailor-made offer with your EY contact person 7
5 Ecosystems Nordics EY is active in numerous ecosystems The Americas London Paris Berlin Israel Asia EY support national initiatives in the Netherlands such as Startupdelta and Get in the Ring. Startupdelta aims to make the Netherlands one of the best startup ecosystems in Europe. EY is participating as partner. The Get in the Ring Foundation is a global non-profit organization that connects startups to opportunities related to capital, talent and expertise. EY is lead partner. India The Netherlands Amsterdam region EY has a significant share in various initiatives for startups in the Amsterdam region. For example, we are a knowledge partner in StartupAmsterdam, in which the municipality, knowledge institutes, companies and startups have joined forces. It has a strong focus on fintech startups. EY also offers advice and workshops to startups at the ACE Venturelab. ACE (Amsterdam Center of Entrepreneurship) is an initiative of the University of Amsterdam. In cooperation with the renowned technology platform The Next Web, EY facilitates Launchpad Meetups, which give startups and corporates the opportunity to get acquainted. This concept is open source, making it available to the entire ecosystem. Have a look at launchpadmeetups.com. The Hague/Rotterdam region YES!Delft is an incubator for tech startups aiming to build tomorrow s leading firms. Initiated by the Delft University of Technology, EY is one of lead sponsors. EY is a source of information for the startups and organizes various workshops. Moreover, EY established the PortXL Accelerator in cooperation with the Port of Rotterdam Authority. Specifically for innovative startups in the maritime sector. Brainport Eindhoven region HighTechXL is an accelerator program for high tech hardware startups. Participating startups attend the three-month program at the High Tech Campus Eindhoven. The ultimate goal is to secure financing for their idea or product. Each edition hundreds of startups from all over the world apply for one of the highly sought-after spaces in the program. Following the rigorous admission process, 10 startups are chosen. EY is the co-founder of the program and advises and supervises the participating startups. Maastricht region Brightlands Innovation Factory is an accelerator program for startups at the Brightlands Chemelot Campus in Geleen. The startups primarily focus on developing materials for the chemical and bio industries. Competition is fierce: only 10 startups are chosen to take part in a special three-month program. Social entrepreneurship Social enterprises provide innovative solutions to social, ecological and economic challenges in a financially profitable way. EY brings together financially-driven and impact-driven entrepreneurs, as collaboration will boost innovation and increase the likelihood of maximum results. EY works closely together with Impact Hub Amsterdam and Social Impact Factory. 8 EYnovation Building future market leaders 9
6 Follow us #EYnovation Contact us Contact our co-founder Broos Bakens and he will connect you to the right team member. Broos Bakens T: E: broos.bakens@nl.ey.com BroosBakens 10 EYnovation Building future market leaders 11
7 EY Assurance Tax Transactions Advisory About EY EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate Legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com Ernst & Young Accountants LLP. All Rights Reserved. ED None This publication contains information in summary form and is therefore intended for general guidance only. It is not intended to be a substitute for detailed research or the exercise of professional judgment. Neither EYGM Limited nor any other member of the global EY organization can accept any responsibility for loss occasioned to any person acting or refraining from action as a result of any material in this publication. On any specific matter, reference should be made to the appropriate advisor. ey.com/nl
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