Moonpreneur
We know well that the United States has long been regarded as the land of opportunities, and this reputation has further solidified its position as the premier destination for startups in 2023, as supported by data from StartupBlink.
New business statistics indicate that more and more people in the United States have started their businesses over the past decade.
Thanks to its wonderful startup ecosystem, the United States received a commendable rating of 91.6 out of 100 from the World Bank for its business-friendly environment.
New business application filings have generally been rising over the past decade. In 2012, the number of new business applications was 2.58 million. Fast forward five years to 2017, and this figure had increased by 24.1% to 3.2 million.
These new business statistics show that the most significant growth over the past decade came in 2020 when the total number of applications grew by 24.6% to 4.38 million.
To validate the reports and ratings, we have compiled data that offers an overview of the startup growth in the United States from 2011 to 2021.
If you find yourself in this land of opportunity, brimming with business ideas in your mind, take the plunge. You never know, you may sail through and leave a lasting mark.
Moonpreneur is on a mission to disrupt traditional education and future-proof the next generation with holistic learning solutions. Its Innovator Program is building tomorrow’s workforce by training students in AI/ML, Robotics, Coding, IoT, and Apps, enabling entrepreneurship through experiential learning.
How much did startup applications grow in the US during this period?
There was a significant increase. In 2012, there were about 2.58 million new business applications. By 2021, that number jumped to nearly 4.4 million, reflecting a growth of almost 70%!