NCET

Now in its fourth year of data collection, the world’s largest longitudinal survey of new businesses shows that external debt markets become increasingly important during startup companies’ early growth years. In 2007, the 2,915 entrepreneurial firms surveyed injected an average of $53,000 into their businesses, with 62 percent of that capital coming from outside debt markets. By comparison, external debt markets provided 40 percent of financing in these companies’ first year of operation.

These and other data were released today in the latest Kauffman Firm Survey (KFS), a Ewing Marion Kauffman Foundation-funded study of new businesses founded in 2004 and tracked over their early years of existence. The KFS fills a void in valuable data collection on young U.S. businesses, providing an understanding of how businesses are organized and operate in their early years, and shedding light on survival and growth indicators. Read more:

Technorati Tags: Kauffman Firm Survey, Ewing Marion Kauffman Foundation, entrepreneurs, NCET, Nevada’s Center for Entrepreneurship and Technology

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