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Education

TU Delft alumni founded almost four thousand companies

TU Delft alumni founded 3,874 companies between 1985 and 1999, according to Bureau Bartels, a company hired by the executive board to examine TU Delft’s impact on society.

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Almost seventy percent of TU Delft alumni have gone to work for private companies, while nearly twenty percent work for the government. Of the thirteen percent who have started their own companies, the majority studied either Industrial Design, Architecture or Maritime Techniques, according to Bureau Bartels. In total, Bureau Bartels located 3,874 companies that had been started by TU Delft alumni%an average of almost 260 new companies a year. Morover, TU Delft has been involved with even more start-up companies than the 3,874 listed companies, because this figure doesn’t include companies that were founded by former TU Delft employees who are graduates of other universities.

Bureau Bartels interviewed 428 company founders. Most of the companies are relatively young: four out of ten are less than five years old. Notably, only eleven percent of the companies failed, while on average about fifty percent of starting companies quit within five years. Most of the companies % almost seventy percent % started as a one-man business. At the time of the survey, the companies were, on average, comprised of ten persons.

More than 34,000 people are currently working for a company founded by alumni of TU Delft. The total turnover of all the companies was almost eight billion guilders in 1998%an average of 2.3 million guilders per company. Of the eight billion guilder turnover, approximately 2.2 billion was earned by selling goods or providing consultantcy services abroad. Most companies settled in the neighbourhood of TU Delft, with only three percent of the companies settling outside of the Netherlands. Dr. Nico de Voogd, president of TU Delft, is extremely pleased with the survey’s findings and presented the results to the Dutch minister of Economic Affairs, Annemarie Jorritsma, last Wednesday.

TU Delft alumni founded 3,874 companies between 1985 and 1999, according to Bureau Bartels, a company hired by the executive board to examine TU Delft’s impact on society.

Almost seventy percent of TU Delft alumni have gone to work for private companies, while nearly twenty percent work for the government. Of the thirteen percent who have started their own companies, the majority studied either Industrial Design, Architecture or Maritime Techniques, according to Bureau Bartels. In total, Bureau Bartels located 3,874 companies that had been started by TU Delft alumni%an average of almost 260 new companies a year. Morover, TU Delft has been involved with even more start-up companies than the 3,874 listed companies, because this figure doesn’t include companies that were founded by former TU Delft employees who are graduates of other universities.

Bureau Bartels interviewed 428 company founders. Most of the companies are relatively young: four out of ten are less than five years old. Notably, only eleven percent of the companies failed, while on average about fifty percent of starting companies quit within five years. Most of the companies % almost seventy percent % started as a one-man business. At the time of the survey, the companies were, on average, comprised of ten persons.

More than 34,000 people are currently working for a company founded by alumni of TU Delft. The total turnover of all the companies was almost eight billion guilders in 1998%an average of 2.3 million guilders per company. Of the eight billion guilder turnover, approximately 2.2 billion was earned by selling goods or providing consultantcy services abroad. Most companies settled in the neighbourhood of TU Delft, with only three percent of the companies settling outside of the Netherlands. Dr. Nico de Voogd, president of TU Delft, is extremely pleased with the survey’s findings and presented the results to the Dutch minister of Economic Affairs, Annemarie Jorritsma, last Wednesday.

Editor Redactie

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