In today’s world, cities and corporations actively collaborate to create innovative startups. This allows them to develop new technologies, improve the quality of life and increase competitiveness in the market.
Cities provide startups with access to infrastructure, educational resources, and business partners. They also create favorable conditions for development of startups, such as tax incentives, access to financing and support from local authorities. Corporations, for their part, invest in startups to gain access to new technologies and ideas. They also partner with startups to improve their products and services.
Such support tools in many ways help startups to develop, test and implement their products, attract investment, scale up and go to the market.