Startup refers to a business entity that is usually focused on developing new products or services. Generally, startups are small businesses which are established to bring a creative and innovative product or service to the market. The founders usually have the purpose of creating something that would fill a need or provide a solution to a problem.
Startup businesses are usually funded by venture capital, Angel Investment or through government grants. This helps the startup to grow quickly and build a successful business.
Some of the resources that might help understand the concept of a startup more clearly are as follows:
• What is a Startup – Forbes
• The Anatomy of a Startup – Entrepreneur
• What Is the Definition of a Startup? – Investopedia
• Understand What Is a Startup Business – The Balance