Bradford’s got hustle. with the city once more in the news as a startup hub, being ranked second amongst the country’s most entrepreneurial cities. Based on how many new businesses formed in ratio with population size, Bradford saw 32% more businesses launch in 2020, compared to 2019.
The news follows the city’s status as Barclays favoured place to start a new venture in the UK and its place amongst PriceWaterhouseCooper’s Growth Factors Index.
Interestingly, of the 672,890 businesses formed across the UK last year, over 85,000 were launched online, suggesting that while the COVID-19 outbreak has depressed much of our economy, businesses are quickly adapting to digital operations.
Bradford’s come through some tough times in recent years, but it’s heartening to see our entrepreneurial spirit endures and indeed is thriving even under great strain.