ECON 5: No of business gateway start-ups per 10,000 population
Summary definition

This indicator provides the rate of business gateway start-ups per 10,000 population.

Why do we measure this?

This high level indicator is important because new business formation is a good indicator of how conducive we are to entrepreneurship in the business environment. Small businesses are the lifeblood of local town centres and communities. A fundamental aim of Local Government is to improve the business creation and growth of small businesses in their areas. The provision of good quality support and assistance remains crucial to increasing new business formation and sustainable growth of enterprises.

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