The Belgian start-up sector
is beginning to become more efficient. During the first two months in 2016, a number of 14 Belgian start-ups
have managed to raise at least one million euros. This start is promising because it highlights the potential of small businesses and that of the local and foreign entrepreneurs in Belgium
. This performance allows Belgium to enter the top 5 European countries with an excellent environment for start-ups
The success of Belgian start-ups
A study performed by Belgian organization Sirris revealed that a number of 14 Belgian start-ups managed to gather more than one million euros for funding. This means that Belgium occupies 5th place in Europe for funding deals and 6th place in terms of total capital raised. After the good performance during the first two months of 2016, Belgium is ahead of the Netherlands for start-up funding.
One characteristic of the newly formed Belgian start-ups
is that nearly 71% of them are targeting business customers (B2B activities). This is the largest number of these types of companies
in a European country.
Among the services offered by these new Belgian start-ups, we can list medical technology, financial solutions, construction management software, telecom, social media management, cloud storage solutions.
The consultants at our Belgian law firm
can give you more details about the specific regulations in various business fields and the laws that govern foreign investments.
Investing in Belgium
Belgium is a country that offers a number of advantages to entrepreneurs. The country’s start-up sector
has started to develop at an increasingly higher pace as investors target all parts of the country and all business fields. The Brussels Region
are the two provinces that receive the highest amount of start-ups
. The preferred business form remains the private limited liability company
, accounting for more than half of the new start-ups
in the country. An important advantage of this company, especially for investors who are just starting a business, is that the founders are only limited to the amount of the invested capital.
For more information about the investment environment in Belgium and for details regarding the company formation process you can contact our Belgian law firm