Inc. Magazine Data Is Good News for Startups - Innovate New Albany | New Albany, Ohio

Inc. Magazine Data Is Good News for Startups

In its July/August issue, Inc. magazine’s monthly data bank demonstrates the bright spots for startups in what has often been a bleak business outlook.

  • 14% increase in the dollar amount of angel investment, from 17.6 billion to $20.1 billion in 2010.


  • 8.2% increase in the number of companies receiving angel investments, from 57,200 to 61,900 in 2010.


  • 35% percentage of small business owners planning to hire full-time or part-time staff in 2011, up from 9% in 2010.


  • 10.3% percentage of large banks that have eased approval standards for commercial and industrial loans to small businesses.
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