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New Business Filings Year-to-Date Suggest Potential Increase Over 2012
SAINT PAUL, Minn.—May 2, 2013—April was another robust month for new business creation in Minnesota, with 5,548 new entity filings reported by the Minnesota Secretary of State.
“With 21,294 total new filings already in 2013, January through April, we are on track to create nearly 64,000 new businesses and associations this year. This would be significantly higher, about 5 percent, than our total of 60,827 in 2012,”says Secretary of State Mark Ritchie.
The monthly totals of new filings for the year to-date are 5,519 in January; 4,779 in February; 5,448 in March; and 5,548 in April.
“If we continue at this pace, we will exceed our all-time record of 63,338 new business filings set in 2009,” notes Ritchie. “We continue to outpace other states in our region in new business filings on a per capita basis, reflecting the strong business climate for startups here in Minnesota.”
EDITOR'S NOTE: Mark Ritchie is Minnesota’s 21st secretary of state. A press photo for media is available online.
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