An incubator is a supportive environment designed to help new businesses, often called startups, grow and develop. These facilities provide resources such as office space, mentorship, and access to funding, allowing entrepreneurs to focus on refining their ideas and building their companies. Incubators typically work with early-stage businesses, helping them navigate the challenges of starting a new venture. Many incubators also foster a community of like-minded individuals, encouraging collaboration and networking among entrepreneurs. Some incubators specialize in specific industries, such as technology or healthcare, while others may focus on social enterprises. Notable examples of incubators include Y Combinator and Techstars.