Netherlands Records €8 Billion Investment in R&D Through WBSO Scheme in 2024
The Hague, Tuesday, 13 May 2025.
Dutch companies invested €8.36 billion in 2024 via the WBSO scheme designed to lower R&D costs, involving nearly 19,000 businesses, with 97.2% being SMEs—a record participation rate.
Record Investment in Innovation
The latest figures reveal that Dutch companies allocated €5 billion to labor costs and €3.3 billion to non-labor costs for research and development activities in 2024 [1]. This substantial investment has supported 91,437 full-time high-skilled jobs across the Netherlands, demonstrating the scheme’s significant impact on employment and innovation [1]. The investment areas span crucial technological domains including quantum technology, cybersecurity, artificial intelligence, mechatronics, and clean energy solutions such as wind, solar, and hydrogen technology [1].
Strategic Economic Impact
Minister of Economic Affairs Dirk Beljaarts emphasizes that innovation is fundamental to maintaining the Netherlands’ economic resilience and security [2]. The government has responded to this priority by implementing a structured increase in the WBSO budget starting January 2025 [1]. This strategic move aims to address concerns about private sector investment levels in innovation, positioning the Netherlands to compete more effectively in the global technology landscape [1][2].
Regional Distribution and Business Impact
The initiative has shown particular strength in key economic regions, with the highest concentration of participating businesses located in Greater Amsterdam, Southeast North Brabant, and Utrecht [1]. The WBSO scheme forms part of a broader innovation ecosystem in Amsterdam, which has emerged as one of Europe’s premier startup hubs, offering various funding and subsidy programs through the Netherlands Enterprise Agency [5].
Future Outlook
Looking ahead, the Dutch government has integrated this R&D support into its broader economic strategy, implementing a National Technology Strategy since early 2024 [1]. The initiative aligns with the Netherlands’ aim to enhance its competitive position globally, with particular focus on addressing challenges in security, healthcare, sustainability, and digitalization [1][2]. This comprehensive approach to innovation funding positions Dutch businesses to maintain their technological edge while fostering sustainable economic growth [GPT].