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Startup company facts for kids

Kids Encyclopedia Facts

A startup company (often just called a startup) is a brand new company that aims to grow very quickly. These companies usually try to solve a problem or meet a need in the market by offering something new. This could be an innovative product, a special way of doing things (a process), or a helpful service.

Startups are typically small businesses, partnerships, or organizations. Their main goal is to expand rapidly. Many startups use the internet, e-commerce (buying and selling online), computers, and telecommunications to help them grow fast.

The word "startup" became very popular in the late 1990s during the dot-com bubble. This was a time when many new companies focused on the internet were created.

Images for kids

  • StartupEcosystem

    A strong startup ecosystem helps new businesses grow in a local area.

  • Startup Financing Cycle

    This diagram shows how a startup company typically gets money to grow.

See also

Kids robot.svg In Spanish: Empresa emergente para niños

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