Report on Company Foundations July 2020: Foundation figures continue to rise
In July 2020, the number of start-ups continues to rise. With a total of 4560 new companies founded, July 2020 has already broken last month’s record. Compared to June 2020, 76 more companies were founded (+1.69%) and also compared to July 2019, there is an increase of 452 new companies (+11%).
What summer slump?
This year, there is certainly no summer slump. The number of new companies is constantly rising. With a total of 4560 start-ups, July 2020 is now the month with the highest number of start-ups since 2013. This month, 76 start-ups more (+1.69%) were registered compared to June 2020. Compared to July of last year, there was an increase of 452 start-ups (+11%). The language regions can also report a predominantly positive balance. In German-speaking Switzerland there were 51 new companies (-1.69%) fewer than in the previous month. However, a positive picture is shown in French-speaking Switzerland (+95 start-ups or 7.42%) and Ticino (+32 start-ups or 17.78%). Compared to July 2019, all three language regions improved: German-speaking Switzerland by 343 new businesses (+13.04%), French-speaking Switzerland by 101 new businesses (+7.93%) and Ticino by 8 new businesses (+3.92%).
Positive developments in Ticino
Compared with June 2020, different developments can be seen in the cantons with usually strong foundation numbers. While in the cantons of Bern (-107 start-ups and -22.53%) and Geneva (-11 start-ups and -2.89%) the number of start-ups has declined, the cantons of Aargau (+18 and +6. 36%), Lucerne (+13 start-ups or +6.81%), Ticino (+32 start-ups or +17.78%), Vaud (+31 start-ups or 7.09%), Zug (+28 start-ups or 13.33%) and Zurich (+23 start-ups or 3.05%) recorded increases. A comparison with July 2019 shows a similarly uneven picture, with positive developments in the cantons of Aargau (+15 start-ups and +5.24%), Bern (+63 start-ups and 20.66%), Lucerne (+30 start-ups and +17.24%), Ticino (+8 start-ups and +3.92%), Zug (+39 start-ups and +19.6%) and Zurich (+68 start-ups and 9.59%). On the other hand, the losers include the cantons of Geneva (-18 start-ups or -4.64%) and Vaud (-16 start-ups or -3.31%).
And the small cantons?
While compared to July 2019, the number of start-ups in the cantons of Appenzell Ausserrhoden (+18 start-ups or +75%) and Glarus (+4 start-ups or +36.36%) has risen significantly, the canton of Uri (-2 start-ups or -16.67%) has recorded a decline compared to the previous year.
All in all, however, the corona low seems to have been overcome for the time being and the number of newly founded companies is higher than ever.
Do you have any innovative business idea you would like to make come true? Use STARTUPS.CH experts to become self-employed.
» Blog» Found online