iMinds incubation programs are world-class: each semester, the employment and revenue figures of its start-ups grow 50 to 60%
iStart entrepreneurship program named the world’s number 4 in UBI Global s ranking of ‘Top University Business Accelerators’
Late October, iMinds iStart business incubation program, which helps entrepreneurs successfully launch their business, was awarded the second place in UBI Global s ranking of European Top University Business Accelerators. Moreover, since yesterday, iMinds also occupies the fourth position on UBI Global’s worldwide ranking (25th place in 2014). This steep increase is not a coincidence. After all, iMinds can present some very nice figures related to the success of its incubation programs: with more than 300 full-time jobs created and a total turnover of over 16 million euro, the iMinds start-ups make for a vibrant community. On top, they perform very well in terms of securing external follow-up financing: every euro invested by iMinds opens the door to 3.6 euro of external investments. Based on that number, iMinds belongs to the top 3% incubators worldwide.
Lately, Belgian start-ups are doing remarkably well – both in Belgium and internationally. Last year, for instance, Flemish start-up neoScores was voted the second most promising starter in the world – while, last week, Turbulent from Antwerp won the Startup Nations Summit in Mexico And the success of these start-ups is not a one-off, since – in addition to the hard work of the entrepreneurs – the supporting entrepreneurial framework has become increasingly professional and efficient too. Exemplary of that observation is iMinds’ incubation activity.
- More than 300 full-time jobs; a turnover of more than 16 million euro
- Each euro invested by iMinds leads to 3.6 euro of external follow-up financing
- The world’s number four in UBI Global’s ranking of ‘Top University Business Accelerators’
"One aspect in which iMinds clearly stands out from other incubators, is the success rate of our start-ups’ quest for external follow-up financing. Since 2010, the iMinds start-ups have already secured more than 24 million euro of external funding, despite their young age and the observation that venture capital remains a scarce resource in our region. Specifically, for every euro of iMinds support, 3.6 euros are invested by external parties in the Flemish start-up economy. An international benchmark study shows that iMinds belongs to the top 3% best performing incubators when looking at that number," says Danny Goderis, acting CEO of iMinds.