Start-up formations rise 14% despite economic volatility

Christine Cullen, managing director of CRIFVision-Net, said: 'The eight per cent dip in first-time directors indicates a slightly more cautious approach from new individuals entering the market.'

Despite rising economic volatility, the number of new start-ups formed in the first three months of this year increased by 14%, compared to the same period in 2025, driven by high growth areas such as computing and manufacturing, new data from the CRIFVision-Net shows.

Between January and March this year, 7,263 new businesses were registered. Year-on-year, high growth sectors such as computing and manufacturing drove start-up growth increasing 63% and 46% respectively.