Between March and October of 2020, more than 26,000 businesses started in Connecticut, the largest number during that eight-month period in at least the past decade, and nearly 10,000 more than during the same period a decade ago, in 2010.
In September, PBS reported that “applications to start new businesses have surged significantly above normal in the last few months, as ‘pandemic entrepreneurs’ look to make money on their own in a tight labor market, or see the crisis as an opportunity to realize a long-held dream.”
“The silver lining during COVID-19 is that we have seen amazing innovations across industries,” said reSET Executive Director Sarah Bodley. “People are recognizing that times of crisis can also unlock creativity and innovation, and in this case, new ways of doing business.”