A startup is a newly established business that is in the early stages of its operations, typically focused on bringing an innovative product, service, or solution to market. Startups are often founded with the goal of addressing a unique problem or filling a gap in the market. These businesses are characterized by their high potential for growth, scalability, and the need for external funding to support their development. Startups are typically more agile and flexible than established companies, allowing them to adapt quickly to market changes. They often rely on venture capital, angel investors, or crowdfunding to finance their growth until they become profitable or are acquired by larger companies. Due to their innovative nature, startups are often associated with industries like technology, e-commerce, healthcare, and biotechnology, but they can exist in virtually any sector.