A technology incubator is a supportive environment designed to help new and innovative businesses, often called startups, grow and succeed. These incubators provide resources such as office space, mentorship, and access to funding, allowing entrepreneurs to focus on developing their ideas and products. Typically, technology incubators foster collaboration among startups, encouraging networking and sharing of knowledge. They may also offer training programs and workshops to enhance skills in areas like business management and marketing, ultimately aiming to increase the chances of success for emerging companies in the technology sector.