The Secretary of State’s Office handles a wide range of paperwork, including new business filings, which are up 70% since the pandemic. Like a lot of state agencies, its head is begging for a funding boost.
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Threat of recession, rising interest rates and other economic worries such as labor shortages and supply chain issues have failed to reduce the desire of entrepreneurs in North Carolina to launch new business. Creation of companies continues at a near record pace, says Secretary of State Elaine Marshall.
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North Carolina is tracking ahead of its record-setting 2021 when it comes to the number of new business formations, the Secretary of State said this week.
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In 2021, a new record for the total number of new business registration filings for businesses based in North Carolina was set, smashing the previous record.
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Entrepreneurs across North Carolina continue to create new businesses, setting an annual record of more than 129,000. And most of these firms are not being launched due to loss of a job.
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Elaine F. Marshall, North Carolina Secretary of State, said we’re in a ‘new era of entrepreneurship’ for the state, and revised projections for new businesses formed in 2021 upwards to nearly 200,000.
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New businesses are being launched at a record pace across North Carolina despite the lingering effects of the pandemic, according to new data from NC Secretary of State Elaine Marshall.
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PayPal has agreed to make reforms to disclosures on its online fundraising platform after an investigation by charity regulators disclosed some inadequacies in the company’s activities.
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WRAL TechWire just made an another round of updates to our Triangle Startup Guide. Check out our summary of what was added last week.
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