Challenge #3: Dutch technology sector is predominantly white and male
Beyond capital, the lack of diversity in the tech sector remains a big challenge. To cover one area, the Netherlands has the highest number of male employees in relation to one female employee compared to the rest of Europe (4.9 in NL vs. 3.8 European average), especially when it comes to tech jobs (such as Software Engineer, Product Owner, and Growth Hacker). Research by McKinsey and others shows that a more diverse ecosystem is a more productive ecosystem. This is an important reason to promote equality, diversity, and inclusiveness. Ensuring diversity within companies remains a huge challenge in the Netherlands. The technology sector is predominantly white and male. Alongside this, we see only 12% of founders are female, with them receiving a meager 2% of all Dutch VC capital invested in NL, which also comes as no surprise when we see that 94% of Dutch partners at VCs are male. That means we’re leaving a huge portion of the population at the table, and not utilizing all the talent the Netherlands has to offer. If we are to further compete on a European level, this needs to change and needs to change fast.