Novel-T accelerator

  • economy
  • knowledge society

With 50-75 new high tech start-ups emerging every year, Twente represents a regional hub of innovation and entrepreneurship in the high-tech industry. The organisation Novel-T plays an important role by offering start-ups and entrepreneurs access to a dynamic and innovation ecosystem. By connecting entrepreneurship to high-tech innovation and employing talent, knowledge, capital, network and infrastructure, they help them to become game changers.

Novel-T and its founders University of Twente, Saxion, the municipality of Enschede, ‘Regio Twente’ and Overijssel Province, create a unique link between research, science, educational institutions, start-ups and innovative businesses in the region. Based on triple helix model, the innovation campus Kennispark Twente gathers over 430 companies and the University of Twente, making it the largest innovation campus in the Netherlands. Saxion University of Applied Sciences, which is located close by is also connected. Recent developments include the addition of two more innovative campuses: High Tech Science Park and Technology Base Twente.
Novel-T has been innovating on the economy of tomorrow for 10 years already. In doing so, it uses the Twente region’s own distinguishing power and the unique partnership between the regional government, companies and knowledge institutes in the Eastern Netherlands. The result? Approximately 11,000 new jobs, over 2,200 start-ups with the potential to develop into international players and an ecosystem that actively supports entrepreneurs and helps them grow through innovation. With field labs, open innovation centres, innovation projects and networking events, they work with companies such as Thales, TenCate, Philips and Boeing to support start-ups and scale-ups for companies like 4Silence, Clear Flight Solutions, Scisports, Triboform, Undagrid, Kite Robotics, Eurekite, Athom, Tide Microfluidics and Lipocoat.
In 2013, Kennispark Twente won the Best Business park award for its achieved results in innovations, technological developments and connection of education and entrepreneurship opportunities.This award underlines the good cooperation between companies and the Kennispark Twente partners: the municipality of Enschede, province of Overijssel, Region of Twente, the University of Twente and Saxion University of Applied Sciences.
Novel-T and its founders have set themselves the target of becoming the best performing ecosystem for innovation and entrepreneurship in Europe. Their strategy is geared towards generating additional impact, a strong brand and an international profile. “We are expanding our strong position further. That requires continuous innovation and investment. Our goal is to facilitate tomorrow’s frontrunners as they go from success to success: top talents, researchers and companies that are going to make a real difference”, says Jaap Beernink, chairman of the board at Novel-T.

EUROCITIES staff contact

Federica Bordelot