Makerspaces are community workspaces where people can gather to work on projects using a variety of tools. They involve people from various backgrounds collaborating and sharing resources to learn, create, and innovate. Makerspaces provide access to tools and equipment like 3D printers, laser cutters, woodworking tools, and electronics workstations that allow people to work on projects that would be difficult at home. They also offer training opportunities through classes, seminars, and peer learning. Makerspaces can be started with a modest investment and have various funding models, with the goal of inspiring innovation.