01/13/2007

2006 Belgian TEA declined to 2.7 %

The 2006 Global Entrepreneurship Monitor reports a substantial decrease of the entrepreneurial "mindset" in Belgium for nascent as well as new companies. The Total Entrepreneurial Activity (TEA) declined from 3.9 % (2005) to 2.7 % (2006).
Belgium has now the lowest rate of early-stage entrepreneurial activity and the fifth lowest rate of established business ownership.

The 2005 TEA showed a small increase at 3.9 % from 3.5% (2004).

Source : Global Entrepreneurship Monitor

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