Venture studios provide a structured process for identifying promising business ideas, building and testing prototypes, and launching new companies. In a venture studio, a team of experienced entrepreneurs, engineers, designers, and business professionals work together to identify business opportunities and develop new products or services. Unlike traditional startup accelerators, which typically provide mentorship and funding to existing startups, venture studios create their own startups and build them from the ground up. Venture studios typically provide a range of services to their startup companies, including office space, access to funding, legal and accounting support, marketing and branding expertise, and mentorship from experienced entrepreneurs. They may also provide access to a network of potential investors and customers. The goal of a venture studio is to create a portfolio of successful startups that can be spun out into independent companies or sold to larger companies. Venture studios may also retain ownership stakes in their startup companies and continue to provide support and guidance as they grow and scale.