In-depth analysis of the venturing ecosystem and infrastructure in Belgium, the Netherlands and Luxembourg.
A story of evolving ecosytems
Belgium: Flanders, Wallonia, Brussels each take the lead
Over the past decades, Belgium has evolved from a unitary to a federal state, in which responsibilities have been transferred from the centre to the regions and provinces. Following the sixth state reform in 2011, regions now control far larger sections of the economy, including in trade matters, the labour market, environment and energy. While many fiscal measures related to venturing remain federal, government venturing must always be considered also from the perspective of Belgium’s regions, namely Flanders, Wallonia and Brussels.
The crisis in the banking sector in the eurozone hit Belgian companies just as it hit other local companies in the eurozone. The small and medium‐sized enterprise (SME) landscape has been…
