NDA: Protection of confidential information

A Non-Disclosure Agreement (NDA), or non-disclosure agreement, is a legal document that obligates the parties not to disclose confidential information shared in the context of business relationships. NDAs are crucial in the startup world to protect innovations, business strategies and sensitive data from competitors and the public. By signing an NDA, startups and their partners ensure the confidentiality of their collaboration, which promotes the free exchange of ideas while ensuring the protection of intellectual property.