Tech incubators are organizations designed to support the growth of startup companies, particularly in the technology sector. They provide resources such as office space, mentorship, and access to funding, helping entrepreneurs turn their ideas into viable businesses. By fostering innovation and collaboration, tech incubators aim to accelerate the development of new technologies and services. These incubators often host a cohort of startups, offering structured programs that include workshops, networking events, and guidance from experienced professionals. Notable examples of tech incubators include Y Combinator and Techstars, which have successfully launched numerous companies that have gone on to thrive in the market.