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Ohio New Business Creation Marches On

COLUMBUS – Ohio recorded 15,230 new business filings in the month of July, continuing Ohio’s torrid pace of new business creations for 2021, coming off the heels of 2020’s record setting year.

“As I travel the state and speak with business leaders and chambers of commerce, I am continuously amazed by the pioneer spirit and resolve Ohioans continue to display amid times of economic uncertainty," said Ohio Secretary of State Frank LaRose. "Ohioans have an innate sense of entrepreneurship that has kept our economy strong despite the headwinds our job creators have faced. It makes me all the more proud to be a Buckeye.”

Establishing a new business in Ohio has become increasingly quick and easy through the Ohio Secretary of State’s Ohio Business Central website, OhioBusinessCentral.gov. Ohio’s business-friendly climate and the array of resources available to Ohio entrepreneurs has helped Ohio break new business filing records every month in 2021.

NOTE: New business filings are classified as forms filed with the Ohio Secretary of State that declare the formation of a business entity, including for-profit, non-profit and professional corporations, limited liability companies, partnerships, limited partnerships and limited liability partnerships. Filing as a business in Ohio does not guarantee the company will begin operations, be profitable or create jobs.

QUICK FACTS:

  • 15,230 new businesses were created in Ohio in July 2021
  • 126,665 new businesses have been created in the first seven months of 2021
  • New business filings through July of this year show a 32% increase from the first seven months of 2020 (95,671).
  • New business filings in 2020 totaled 171,073, beating 2019’s previous record of 130,621
  • Ohio entrepreneurs can visit OhioSoS.gov/BusinessResources to discover the helpful opportunities available to them that can help them start and grow their business

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Media Contact

Rob Nichols
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330.760.7582