The startup ecosystem is made up of people, start-ups at various stages and various types of organizations in a given location (physical and/or virtual) that work together as a system to create new startup companies. These organizations can be further segregated into different categories: universities, financing organizations, supporting organizations (such as incubators, accelerators, coworking spaces, etc.),
In addition, resources such as skills, time and money are also important elements of the start-up ecosystem. Although events and meetings with different companies and different people, these interactions play a vital role in the flow of resources through the system, helping to create new potential startups or strengthening existing ones, thus affecting the number of startups being built. Failures of start-ups, release people to improved skills and time to set up a new start-up or join an existing one.