A new Gloucestershire business was formed every two hours throughout 2019

Punchline Gloucester looks at the impact of 2019 business formations in the region.

A new start-up business came into being in Gloucestershire every two hours in 2019, new research has shown.

A survey conducted by the Centre for Entrepreneurs has revealed that across Gloucestershire’s six districts there were 4,305 start-ups registered last year.

That equates to around 82 each week and 11 per day, meaning that a new business was registered at Companies House with a Gloucestershire address roughly every 130 minutes.

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