Investors looking to invest in Belgium

Investment Figures

• In 2021, the total amount of venture capital (VC) investment in Belgium reached €584 million, with an increase of 44% compared to 2020.
• Belgium is attracting a significant amount of foreign VC investment, with an estimated 50% of all VC investments coming from foreign investors.

Popular Startups

• Showpad: A cloud-based platform for sales and marketing teams, offering an all-in-one solution for sales enablement and customer engagement.
• Yugo: An innovative mobility platform offering eco-friendly and affordable transportation services in cities across Belgium and the Netherlands.
• Teamleader: A cloud-based software platform designed to help SMEs manage their sales, marketing, and project management processes more efficiently.
• Codam Coding College: A non-profit coding college that provides a unique, intensive curriculum aimed at preparing students for careers in tech.
• Belgium-based Heptasense: A provider of machine learning-based solutions that help companies to automate manual processes and improve efficiency.

Government Initiatives

• The Belgian government has implemented a number of initiatives to support the growth of startups and entrepreneurship in the country, including tax incentives and subsidies for innovation and research.
• The government also provides support for startups in the form of mentorship, coaching, and networking opportunities through initiatives such as Startups.be and Agora.
• In addition, the government has established partnerships with key players in the private sector, such as banks and venture capital firms, to further support the growth of the startup ecosystem in Belgium.