YBA provides access to media, market and capital
In recent years, the YBA has kept up well with the rapidly changing tech scene in the Netherlands. ''If you look back at who has been on stage here as a participant, many companies were the future then while they are now part of the present,'' it sounds. Mention is made of Somnox, Hardt Hyperloop and Felyx, among others; the latter is now an indispensable part of the cityscape with their rental scooter.
The current 12 participants include Chordify, the Groningen-based company that captures music in chords. ,,Chordify has been around for a few years as a company and has experienced tremendous growth. It's very cool to see them back in the preliminary rounds of the Young Business Award. It is unique in today's tech scene that they have grown so big without raising growth money from a venture capital fund or angel investor. Participant BOTS is again the opposite in this, the company from Amsterdam is very well known among investors and has already raised many millions of euros in growth money from investors in recent years."
And the YBA could also apply itself to the stage. The scale-up competition is developing into a full-fledged TV format that moves between Dragon's Den and The Voice. ''As an organization, we are now taking an immense step. Very cool. It is going so fast that I am curious to see where we will be in two to three years.'' The full television season of the Young Business Award can be seen weekly starting Sunday, May 15, at 5 p.m. on RTL-Z and a day later on Videoland.