What are startups?

Startups are companies designed to grow very quickly, often through innovative and disruptive means. They aim for rapid growth using technology and external capital, differentiating them from small businesses, which typically grow organically through revenue generation 1 2.

Startups often focus on solving widespread problems with novel solutions, maintaining the ambition to scale nationally or globally. They rely on raising capital to fund their growth, even if it means operating at a loss for many years. This approach allows them to disrupt existing markets or create entirely new ones 2.