Startups

Dorset Biz News is now part of Insider Media!

From now on, all content produced by Dorset Biz News journalists will feature in Insider magazine and on the Insider website - bringing you even more in-depth business news, exclusive insights, and key regional deals.

What is Insider Media?

Insider is the UK’s biggest regional B2B publisher, delivering breaking business news, expert analysis, and exclusive interviews across key industries.

With a national reach and deep regional focus, Insider connects businesses, decision-makers, and entrepreneurs with the latest opportunities and insights.

Looking for the latest business news from Insider’s south west team? CLOSE
 

Dorset startups reach record numbers in 2023 with 8.5k new formations

By Sam Pither [email protected]

Published: January 25, 2024 | Updated: 25th January 2024

The number of new startups formed in Dorset reached 8,565 in 2023 – more than in any previous year to date.

The numbers, which make Dorset one of the most successful counties in the UK, are increase on the 8,427 recorded in 2022 and bring the total number of registered businesses in the region to an all-time high of 63,266.

The statistics are taken from the Inform Direct Review of Company Formations, using data from Companies House and the Office for National Statistics.

Across the county’s districts, Bournemouth formed the highest number of new businesses (2,399), followed by Purbeck (1,896) and Poole (1,458).

John Korchak, Managing Director at Inform Direct said: “It is excellent news that Dorset can celebrate a record year for new company formations during 2023.

“The year undoubtedly presented a range of challenges for business including tepid predictions of economic growth, volatility in energy prices and uncertainty from world events.

“However, the formation figures demonstrate very clearly that Dorset entrepreneurs remained undeterred and pursued their ambitions to establish new ventures.

“This positive picture is mirrored in the overall position for the UK which saw the highest ever number of new companies established during 2023. The total number of UK formations exceeded 900,000 for the very first time.”

To see a more detailed picture of company formations in Dorset – including a full local breakdown – visit: https://www.informdirect.co.uk/company-formations-2023/dorset/

Latest Posts

Business mentor Erin to host 7th annual event backing women entrepreneurs in Bournemouth

iPads on offer for four Dorset startups keen to attend entrepreneurship masterclass with STRIDE

Innovative healthcare & wearable tech catch investors’ eyes at Dorset Business Angels event

Dorset Business Angels to debut ‘meet the founder’ format for investors with five new ventures

Latest network event celebrates entrepreneurs in Dorset's armed forces community

All Law Stories »

Latest Posts

Saffery Senior Manager Matt Trowbridge looks at business exit planning and we meet Audit Assistant Elisa Cordial

Skyborne to launch second UK pilot academy in Bournemouth after flyaway success in Gloucs

Podcast which has hosted football royalty and SAS legend finds new home at Smartbase

Business mentor Erin to host 7th annual event backing women entrepreneurs in Bournemouth

Biz Roundtable: Dorset business community must champion county’s economic strengths

All Latest News »