As a startup, where do you want to end up? EYnovation helps startup and scaleup entrepreneurs grow from local to global.
Will you wait for the future to happen, or do you take a hand in shaping it? Market leaders of tomorrow may be only startups 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 in the startup or scaleup phase. 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 Grow from local to global 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 international legal and tax 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 and with assistance of our accounting team on your financials, we will help you in attracting potential investors. 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 What is the USP of our EYnovation program? Subscription fee based service agreement Community with peers and access to broad EY network Sparring partner time and small questions included Annual tailored strategic sessions with experts Single point of contact 4 EYnovation Grow from local to global 5
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) Small questions and sparring time 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 international network and community. Service Subscription Additional Access to our EYnovation community Day to day questions Annual strategic session Incorporation, legal/tax structure review 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 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 EU Grant applications Business tax advisory Support in capital raising Legal support Pricing Fixed price Discounted rates 6 EYnovation Grow from local to global *Example only, please discuss your tailor-made offer with your EYnovation contact person 7
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 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 ACE (Amsterdam Center of Entrepreneur ship). ACE is an initiative of the University of Amsterdam. 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. Overijssel region As partner of the Province of Overijssel, EY has established accelerator program Snelle Groeiers. This program is for ambitious, fast growing entrepreneurs from the Overijssel province. We advice and support participants in their growth path. Other ecosystems We are also very active in the startup ecosystems in Groningen, Arnhem and Utrecht. As partner, we support the Young Business Award for startups. 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. 8 EYnovation Grow from local to global 9
Follow us on @EY_Nederland #EYnovation www.facebook.com/eynederland www.ey.nl/eynovation Contact us Contact EYnovation team lead Erik de Heer and he will connect you to the right team member. Erik de Heer T: + 31 6 29 08 32 82 E: erik.de.heer@nl.ey.com ErikdeHeer 10 EYnovation Grow from local to global 11
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. 2018 Ernst & Young Accountants LLP. All Rights Reserved. ED None 155010347 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