Coventry and Warwickshire has been named as the most enterprising area of England by a new study.
A survey by BankSearch researched how many new businesses are being launched in various areas of the country.
And it found that while across England generally there was a growth of 1.2% in the number of start-ups, in our area it was a whopping 11.9%.
“These figures bode very well for our regional economy. Of course, everyone knows some of the wonderful names we have in this region – from Jaguar Land Rover through to Holland & Barrett,” Craig Humphrey, managing director of the CWLEP Growth Hub, told the Leamington Observer.
“And while they are key to our regional success, smaller companies account for a huge number of jobs and have a major economic impact on our area.
“So to see our LEP area coming out strongest when it comes to business start-ups over the past year is extremely positive news.
“We will continue to create the right conditions for entrepreneurs to flourish and we recognise the challenges involved in starting and then moving a business on to the next level.”