The Twente region (The Netherlands) will train more than 1,600 extra talents for the microchip sector in the next five years | Twente University
This ambition is at the heart of Twente’s plan for Project Beethoven. Launched earlier this year, Project Beethoven involves a substantial investment in the Dutch microchip sector. The national government has earmarked 72 million euros for the Twente plans, with financial contributions also coming from the region.
Investing in the microchip sector is of great importance for the Netherlands, both from an economic and social perspective. The sector will be an important carrier of the economy in the future. ASML is among the absolute world leaders in chip technology and has substantial growth ambitions. The entire chain, of which Twente is an essential part, must grow to achieve this. Companies like VDL ETG, Demcon, NTS Hengelo, Benchmark Electronics and Tecnotion are strategically essential suppliers and, together with many SMEs in the region, fulfill a crucial role for the sector. In short, ASML can only grow if companies in Twente grow, too.