2013 Set To Break Start Up Records

2013 is poised to break previously records and witness more than 500,000 start ups businesses in the UK, according to figures released by StartUp Britain.

So far this year, a little under 400,000 start ups have been registered in the UK, with current trends suggesting the number will top half a million by the end of 2013.

startup britain

Start ups and SMEs are massively important to the UK economy, accounting got 95% of all businesses and employing more than seven million people nationally. StartUp Britain’s campaign to help increase the number of start ups in the UK targeted a total of 500,000 by the end of 2013, a figure that currently stands to be exceeded.

Last year continued to show the UK as a hub of start up activity, with the Tech City EC1 postcode registering more than 15,000 alone. A total of 480,000 businesses were registered with Companies House in 2012, and 440,000 the year before. This year on year growth is a sold reflection that the entrepreneurial spirit is being nationally nurtured.

Emma Jones, co-founder of StartUp Britain, declared the findings as “excellent news for the country as we head towards the final straight”. With projects like Tech City fostering new ventures and providing a stable infrastructure for young business, the growth of the UK’s emerging technology hub and the broader start up community looks set to continue.

Shoreditch Office Space helps a wide variety of clients find work space in Tech City. For more information on us, our services, and the clients we have already helped, please contact katie@shoreditchofficespace.com