Average of 127 start-ups registered each day

The number of new ventures continues to rise as an average of 127 start-ups were registered every day in the first quarter of 2014.

In the first three months of the year, 10,741 business and company start-ups were registered, according to business risk analyst Vision-net.

The company found that in Cork alone so far this year, there were 365 company start-ups, mostly across the construction, retail, services, and agricultural sectors.