Report on Company Foundations August 2021: Foundation figures at a low
In August 2021, a total of 3240 companies were founded in Switzerland. The number of startups decreased by 26.94% compared to July 2021 and by 2.61% compared to August 2020.
Only around 3000 foundations in August
As is the case every year, the number of startups declined significantly in August. Last month, a total of 3240 companies were newly registered in the commercial register. Compared to July 2021, the number of company formations decreased by 1195 startups (-26.94%). In comparison with August 2020, the decline amounts to 87 startups (-2.61%). The decrease affects all language regions. Compared to the previous month, the number of newly founded companies fell by 716 startups (-24.36%) in German-speaking Switzerland, by 419 startups (-32.11%) in French-speaking Switzerland and by 60 startups (-31.41%) in Ticino. In comparison with the previous year, the decline amounts to 12 startups (-0.54%) in German-speaking Switzerland, 49 startups (-5.24%) in French-speaking Switzerland and 26 startups (-16.56%) in Ticino.
Significant decrease compared to previous month
Compared to July 2021, the number of startups dropped significantly in almost all cantons. A look at the cantons with high foundation numbers shows that the decrease amounts to 86 startups (-31.05%) in Aargau, 111 startups (-31.01%) in Berne, 40 startups (-11.83%) in Geneva, 70 startups (-35. 35%) in Lucerne, 66 startups (-27.05%) in St.Gallen, 60 startups (-31.41%) in Ticino, 123 startups (-28.15%) in Vaud, 21 startups (-7.98%) in Zug and 163 startups (-20.74%) in Zurich. Relatively speaking, the number of newly founded companies fell most significantly in the canton of Jura, with 21 fewer startups (-63.64%). Only the cantons of Appenzell Innerrhoden (+3 startups or +50.00%) and Schaffhausen (+12 startups or +44.44%) show an increase in their foundation figures.
Zero-sum game compared to previous year
A comparison with the startup figures for August 2020 shows few changes. Of the cantons with high foundation numbers Aargau (-20 startups or -9.48%), Lucerne (-23 startups or -15.23%), St.Gallen (-6 startups or -3.26%), Ticino (-26 startups or -16.56%) and Vaud (-12 startups or -3.68%) have recorded slight decreases. In contrast, the number of startups improved in the cantons of Berne (+1 startup or +0.41%), Geneva (+21 startups or +7.58%), Zug (+43 startups or +21.61%) and Zurich (+17 startups or +2.81%). In the cantons of Appenzell Innerrhoden, Appenzell Ausserrhoden, Jura and Nidwalden, this year’s foundation figures for August are identical to those of the previous year.
The above-mentioned decline in the foundation figures is not a cause for concern, as a low in the number of newly founded companied is quite common in August. Experience shows that the foundation figures will rise again towards the end of the year.
Change compared to the previous month (absolute) | Change compared to the previous year (absolute) | Change compared to the previous month (relative) | Change compared to the previous year (relative) | |
AG | -86 | -20 | -31.05% | -9.48% |
AI | 3 | 0 | 50.00% | 0.00% |
AR | -16 | 0 | -43.24% | 0.00% |
BE | -111 | 1 | -31.01% | 0.41% |
BL | -4 | -5 | -3.81% | -4.72% |
BS | -19 | 3 | -18.45% | 3.70% |
FR | -79 | -25 | -47.024% | -21.93% |
GE | -40 | 21 | -11.834% | 7.58% |
GL | 0 | 2 | 0.00% | 15.38% |
GR | -12 | 11 | -14.81% | 18.97% |
JU | -21 | 0 | -63.64% | 0.00% |
LU | -70 | -23 | -35.354% | -15.23% |
NE | -39 | -13 | -50.65% | -25.49% |
NW | -4 | 0 | -18.18% | 0.00% |
OW | -17 | -13 | -62.96% | -56.52% |
SG | -66 | -6 | -27.05% | -3.26% |
SH | 12 | 8 | 44.44% | 25.81% |
SO | -15 | -12 | -17.44% | -14.46% |
SZ | -80 | -28 | -52.29% | -27.72% |
TG | -47 | 9 | -33.33% | 10.59% |
TI | -60 | -26 | -31.41% | -16.56% |
UR | 0 | 1 | 0.00% | 11.11% |
VD | -123 | -12 | -28.146% | -3.68% |
VS | -117 | -20 | -46.43% | -12.90% |
ZG | -21 | 43 | -7.98% | 21.61% |
ZH | -163 | 17 | -20.74% | 2.81% |
CH | -1195 | -87 | -26.94% | -2.61% |
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