A new, scrappy business that survives primarily by creating an innovative product or service. In this way, startups often drive change in an industry. Typically, such companies are less than five years old and have under $1M revenue.


For our purposes, we are defining startups as for-profit companies that are under $1M yearly revenue and less than 5 years old. They typically use the most contemporary technology, designs and processes to drive their business.

Some of these companies begin in "incubators," such as Imagine K12 (in the education field). Many seek "angel" funding, or initial support from wealthy investors or individuals.

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