Foundations report April: another surge in the number of foundations
After the relatively low number of start-ups in March, April saw another upswing. Across Switzerland, 4,596 companies were founded. This corresponds to an increase of 5.68 per cent compared to March. The difference compared to April 2023 is a sharp increase of 23.38%.
2024 vs. 2023
In 2023, 17,324 new start-ups were counted in the first four months, compared to 18,049 in the current year. Since the number of start-ups in April last year was significantly lower than in April 2024, there is now a difference of 4.18% compared to the previous year.
French-speaking Switzerland as a strong region for start-ups
French-speaking Switzerland recorded a total of 1337 start-ups, making it indisputably the region with the highest number of start-ups. Compared to last month, there was an increase of 7.65%, as 1242 entries in the commercial register were counted in March. Compared to April a year ago, start-ups increased by 33.17%.
Northwestern Switzerland came second with 994 new companies. This represents a decrease of 1.09% compared to March, but an increase of 24.38% compared to April 2023.
Increase in Zurich and Central Switzerland
In April, 814 new start-ups were registered in Zurich, which is 6.54% more than in March and 0.74% more than in April 2023. After the sharp decline in March, there was therefore a slight increase in April.
The strongest percentage increase in April was recorded in the Central Switzerland region, with an increase in new registrations of 36.44% compared to the previous year and 18.04% higher than in March. In absolute figures, this corresponds to 674 start-ups. The largest number of entries in the commercial register was recorded in the Canton of Zug, with a total of 287 start-ups.
Eastern Switzerland and Ticino keep pace
Interestingly, the number of new start-ups in Eastern Switzerland and Ticino has not changed since March. In Eastern Switzerland there was an increase of 1.82%, while in Ticino the number of start-ups remained exactly the same as the previous month. In April 2023, however, the number of start-ups decreased significantly in both regions. Growth was 24.00% in Eastern Switzerland and 28.99% in Ticino.
Outlook
The number of new start-ups in April was surprisingly high compared to recent years. Compared to the previous year, the difference is 23.38%. Based on the previous year’s figures, it can be assumed that the number of start-ups in May will increase slightly.
