37 start-ups every day ‘despite tough conditions’

MORE than 37 start-ups a day were set-up in the first six months of this year.

Company registration website Vision-net.ie said despite ongoing tough economic conditions 8,015 companies were formed in the six months to the end of July. That’s 104 more than were formed during the same period last year.

The retail sector accounted for the majority of the companies, with 975, or 12.2%.