Cleantech, short for ´clean technology´, is an important growth sector because it can offer an answer to important social challenges such as climate change and shortages of raw materials. Flanders is thus a trendsetter in materials management and an absolute leader in recycling. Flanders is number one in Europe, with 65% recycling of household waste.
One of the most important industrial suppliers and buyers for the waste processing companies is the chemical industry - which just happens to be the single largest industry in Antwerp. The chemical cluster in Antwerp is not only the second largest cluster in the world, it is also very highly integrated. Companies work together closely, including for the recovery of by-product flows.
Eager to develop this ecosystem for digital innovation, the City of Antwerp offers funding, business locations, individual coaching and matchmaking to technological start-ups and creative entrepreneurs. The City acts in constant synergy with the private sector. Belgium is also the absolute leader in the shift to IPv6 with a large percentage of traffic using this technology.
Tthe City has more than 350 startups, dozens of growth companies netting 500,000 euros in capital, many incubators, accelerators and other startup initiatives. It also invests heavily to achieve a world-class rank in Internet of Things.