Technology incubators support startups by providing resources like mentorship, funding, and networking opportunities. They create an environment conducive to innovation by offering guidance on business strategies, product development, and market research. Additionally, incubators often provide access to shared resources, such as office space and technological infrastructure, which can significantly reduce operating costs for startups. By fostering collaboration and providing essential support, technology incubators help startups refine their ideas and prepare for successful market entry.