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Ireland Records Surge in Business Startups Amid Rising Insolvency Rates
1722+ Words Refined into 7 Facts by AI • 1 source • 4h ago
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- 2024 recorded a 5.5% increase in new business startups in Ireland.
- Industries like motors and real estate saw significant startup growth.
- Christine Cullen stated, 2024 recorded the second-highest number of new companies.
- Insolvency rate increased by 25%, totaling 838 insolvencies in 2024.
- Ms. Cullen emphasized the need for government support to maintain startup momentum.
- Dublin had 10,680 startups, highlighting its role as a business hub.
- The new government program aims to support SMEs with proposed tax changes.
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