Over 500,000 new businesses have been started this year, according to new research that points to increasing optimism among British entrepreneurs. The figures, which have been analysed by the campaign’s Daily Tracker and are verified by Companies House, report a major increase on the number of UK start-ups launched in previous years. With 482,224 businesses started in 2012 and 440,600 in 2011 respectively. It is projected that the year will finish out with more than 520,000 new companies in the U.K.
StartUp Britain co-founder Emma Jones said: “We’ve done it! Half a million new businesses have already been registered this year!...We’ve been looking at these figures carefully for three years since the campaign began and it’s clear the UK’s start-up community is fit and healthy – and shows no sign of abating”.
The StrartUp Britain Campaign
StartUp Britain is a national campaign by entrepreneurs for entrepreneurs, harnessing the expertise and passion of Britain’s leading businesspeople to celebrate, inspire and accelerate enterprise in the UK.
The campaign was founded by eight entrepreneurs and launched on 28th March 2011 by the Prime Minister. Although it is a completely private sector funded project (BT Business, Dell, Intel, Intuit, Iris and PayPal). It has the full support of the Chancellor and HM Government.
The initiative aims to promote entrepreneurship and its benefits to UK’s economy. It highlights the strong support that is available to those who wish to start or grow a business; galvanising support where it sees a demand and acts as a voice for small businesses to Government.
The campaign has been proactive initiating Marketing and Tech4StartUp Britain Weeks, which provide a week’s worth of free events to start-ups and growing businesses. Since then it has also held a Finance4StartUp Britain Week which attracted over 15,000 people.
StartUp Britain has also inspired further initiatives, including StartUp Saturday and similar international campaigns across the globe. In March 2012 it brought together the international campaigns, including StartUp America, StartUp Canada and StartUp Chile to share ideas and work together on supporting the global economy.
How to get Involved
If you want to get involved and support the UK’s future entrepreneurs by making an offer, putting on an event or becoming a StartUp Local Champion, check out Startup Britain’s website. You could help to make it 600,000 StartUps next year.