Breadcrumb Navigation

Media Center

Ohio Entrepreneurs Start Off 2022 With a Bang

Following another record-breaking year of new business filings, Ohio Secretary of State Frank LaRose announced 16,571 new businesses were created in the first month of 2022. This is a 32% increase from December (12,516), higher than January 2021, and serves as a remarkable start to the new year for new Ohio businesses. In 2021, 197,010 new businesses formed in Ohio, breaking 2020’s record numbers by more than 25,000 filings.

“The pandemic and record-breaking inflation are certainly making it a challenge for job creation, but Ohio entrepreneurs are showing that they are optimistic about what they can accomplish in our great state,” said LaRose. “As I travel Ohio, I’m always on the lookout for new small businesses to support. That’s what it’s all about – supporting your community and the people in it who are taking a chance to realize their dream, and more people than ever are doing it right here in Ohio.”

Establishing a new business in Ohio has become increasingly quick, easy, and inexpensive 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 helped Ohio maintain our economic momentum throughout 2021, and 2022 is off to a promising start.

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:

  • 16,571 new businesses were created in Ohio in January 2022
  • New business filings in January of this year show a 32% increase over December 2021 (12,516)
  • 197,010 new businesses were created in 2021, averaging 16,417 per month
  • Ohio entrepreneurs can visit OhioSoS.gov/BusinessResources to discover the helpful opportunities available to them that can help them start and grow their business

# # #

Media Contact

Rob Nichols
[email protected]
330.760.7582