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Minnesota Office of the Secretary of State

News Review
Minnesota on Track for Record Number of New Business Filings in 2012
Posted Date: 10/9/2012

Office of the Minnesota Secretary of State

***News Release***

FOR IMMEDIATE RELEASE
CONTACT: Patricia Turgeon
651-201-1332

Minnesota on Track for Record Number of New Businesses Filings in 2012
- Business Filings up by 15% over 2011


ST. PAUL, Minn.—October 9, 2012 – The Minnesota Office of the Secretary of State reported today that business filings for the first three quarters of 2012 were 47,069, compared to 39,977 for the same time period in 2011.

"At this pace we will set a new all-time record for new business filings in 2012, another sign of the robust recovery underway in Minnesota," said Mark Ritchie, Minnesota Secretary of State. "Start-up businesses in Minnesota have always been strong, even during the most difficult recent economic times, reflecting the very supportive new business climate in our state. Minnesota has seen a steady increase in start-ups over the past decade and with a projected new all-time new business filing record in 2012 should this trend continue."

Editor's note: Mark Ritchie is Minnesota's 21st Secretary of State. A downloadable press photograph is available at: http://www.sos.state.mn.us/Modules/ShowDocument.aspx?documentid=4142.