Report on Company Foundations March 2021: The number of new companies continues to skyrocket
The number of startups increased significantly in March 2021. With a total of 5045 foundations, the past month has once again cracked the 5000 mark. Compared to February 2021, the foundation figures have risen by 15.03%. Compared to March 2020, the increase even results to 34.89%.
Foundation figures break the 5000 mark again
The foundation figures are currently skyrocketing. After exceeding the 5000 mark for the first time in December 2020, March 2021 managed to crack this threshold again with a total of 5045 foundations. The figures for February 2021 were exceeded by 659 startups (+15.03%) and those for March 2020 by as many as 1305 startups (+34.89%). The values increased in all language regions as well. Compared to the previous month, the increase amounts to 502 startups (+17.12%) in German-speaking Switzerland, 109 startups (+8.57%) in French-speaking Switzerland and 48 startups (+26.37%) in Ticino. Compared to March of the previous year, the numbers have risen by 966 startups (+39.14%) in German-speaking Switzerland, 265 startups (+23.75%) in French-speaking Switzerland and 74 startups (+47.44%) in Ticino.
Decrease only three cantons compared to previous month
Compared to February 2021, the amount of newly founded startups increased in almost all cantons. Most of the cantons with strong foundation figures can report rising numbers. The increase amounts to 40 startups (+14.60%) in Aargau, 40 startups (+11.20%) in Geneva, 24 startups (+13.33%) in Lucerne, 35 startups (+15.98%) in St.Gallen, 48 startups (+26.37%) in Ticino, 30 startups (+6.80%) in Vaud, 32 startups (+11.99%) in Zug and 180 startups (+23.97%) in Zurich. In addition, the cantons of Glarus (+13 startups or +130.00%) and Nidwalden (+31 startups or +258.33%) benefited from relatively strong increases. Only in the cantons of Berne (-48 startups or -10.26%), Obwalden (-6 startups or -28.57%) and Valais (-1 startup or -0.49%) have the foundation figures fallen.
Decrease compared to the previous year only in Obwalden
The observed increase in the number of startups is even more evident in a comparison with the previous year. Among other things, all of the cantons with strong foundation figures succeeded in improving their values compared to March 2020. The increase amounts to 63 startups (+25.10%) in Aargau, 157 startups (+59.70%) in Berne, 82 startups (+26.03%) in Geneva, 42 startups (+25.93%) in Lucerne, 70 startups (+38.04%) in St.Gallen, 74 startups (+47.44%) in Ticino, 60 startups (+14.60%) in Vaud, 118 startups (+65.19%) in Zug and 241 startups (+34.93%) in Zurich. Proportionally strongest is the rise in the canton of Nidwalden (+25 startups or +138.89%). Compared to the previous year, the number of newly founded companies has only fallen in the canton of Obwalden. The decrease amounts to 5 foundations (-25.00%).
After this noticeable rise in the first quarter, one can be curious about the further course of the foundation figures. Experience shows that the number of newly founded companies usually decreases in the months April to June. However, the startup figures are always good for a surprise.
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