Posted by Michael Wonder on 11 Jul 2018
Amsterdam looks to lure more companies from London after EMA move
11 July 2018 - Amsterdam is stepping up efforts to attract collateral firms to work with the EMA when it relocates from London.
The move, prompted by Brexit, is expected to provide spinoffs for the local economy, alderman for finance Udo Kock wrote to the city council on Tuesday. The D66 politician has added another €300,000 to the €1.2m action fund to cover costs in attracting such companies.
The EMA will open for business in Amsterdam next March. EMA director Guido Rasi said an ‘ecosystem’ of about 2,500 companies in the ’life sciences and health’ sector has grown up around the EMA in London. A significant number of these companies now appear to be considering a move to Amsterdam, a spokesman said.
