A startup is a newly established business venture, typically founded by entrepreneurs or small groups of individuals, with the aim of developing and delivering innovative products, services, or solutions to address specific market needs or opportunities. Startups are characterized by their agility, flexibility, and focus on growth, often operating in dynamic and rapidly evolving industries such as technology, biotech, e-commerce, or fintech. Unlike traditional businesses, startups often face high levels of uncertainty and risk, as they work to validate their ideas, acquire customers, secure funding, and scale their operations. Many startups operate with limited resources and rely on creativity, experimentation, and disruptive strategies to gain a competitive edge and achieve sustainable growth. Successful startups may eventually evolve into established companies or be acquired by larger organizations.
