November sees 21% increase in Irish startups

Close to 4,000 startups were established last month as improving economic conditions encouraged more entrepreneurs into the world of business.

In total, 3,978 new companies and businesses were formed during November, representing a 21% increase on the number set up during the same month last year and further illustrating improving business sentiment.

The figures compiled by Vision-net.ie offer further evidence that a “broad-based recovery” has taken hold, according to the business and credit risk analyst’s managing director, Christine Cullen.