The cross-border Minho area increased the rate of entrepreneurship for five consecutive years

The entrepreneurship rate is an indicator of the territory's potential to generate wealth, at the same time as it measures the potential for business creation and employment by the territory's social agents. It is measured by the number of existing companies per thousand inhabitants. To calculate it, divide the total number of companies in the year by the population in thousands of people.

Through the illustration, we can see that there is an increase in the entrepreneurship rate that goes from 95.6 to 104.3, that is, there are more than 100 companies for every 1000 inhabitants in the territory. These data indicate that there is an improvement in the entrepreneurial attitude with potential for economic growth.

Illustration. Entrepreneurship rate in the EGTC