One in five Mayo businesses are at a start-up stage and 78 per cent of businesses in the county say they expect to grow over the next 12 months.
That is according to the findings of a wide ranging survey of the Mayo business community, carried out by Mayo County Council and the Local Enterprise Office at the end of last year.
The full survey results are being released to coincide with Mayo Day (May 2 ).
LEO, which provides a range of supports to promote business growth in the county, said it carried out the ‘four minute business survey’ to firstly identify the businesses in Mayo, find out in which industries they are operating, and learn more about how the LEO team could help them to grow their businesses.
LEO said it has found there are more than 4,000 businesses in Mayo, employing more than 49,000 people.
Other survey findings included that one in four Mayo companies are exporting internationally.
Some of the barriers to business identified in the survey included access to finance, internet sales, broadband, overheads, skilled staff, and mentoring advice.
LEO says it has developed a range of responses to address these barriers.