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‘It’s people being resourceful’: Why business startups are booming

‘It’s people being resourceful’: Why business startups are booming

Loading...Here in Waltham, Massachusetts, a Boston suburb known for its eateries, new shops are popping up – a small piece of a national entrepreneurial boom that’s unprecedented in this century. There’s the Pakistani kebab restaurant that opened a month and a half ago on Main Street, the multiethnic bakery Indulgenza on trendy Moody Street, and a Haitian-run grocery next door to a Central American bakery on less trendy Prospect Street.In 2020, American entrepreneurs applied to start a record number of new businesses, almost a quarter more than a year earlier. Economists say the boom is...

March 23, 2021
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