A business incubator is an organization designed to support the growth of new businesses, particularly startups. They provide resources such as office space, mentorship, and access to funding, helping entrepreneurs develop their ideas into viable companies. Incubators often focus on specific industries or sectors, offering tailored guidance and networking opportunities. These programs typically last for a set period, during which startups receive training and support. By fostering innovation and collaboration, business incubators aim to increase the chances of success for new ventures, contributing to economic development in their communities.