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High numbers of new start-ups

Hot on the heels of news about a high level of start-ups around Sussex, there’s a breakdown showing how many people are forming new companies out of each area’s population.

The Guardian’s calculated that 16 out of every 1,000 people launched companies in Brighton, 10 in Worthing and between 6 and 9 for most parts of Sussex, Hampshire and Kent.

This link opens the map where you can see the level of new companies in for each area.

You can find more information here about the total number of start-ups formed in 2014, showing the greater Brighton area (Littlehampton to Eastbourne) had the 4th highest number of new companies set up in the UK, following London, Manchester and Birmingham but beating many other large cities.

Of course, a new company might be one person freelancing, not all companies last forever, there might be some people forming companies because they lack other employment options and so on. However, it is remarkable seeing the sheer number of companies being formed around Sussex, especially the boom in digital companies. It’s going to be interesting to see what happens with this trend.

By Brian