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When I sold my company, Aviato, I wanted to give back, that's why I started this place.

I checked the meanings of give back and none matched this.

Does "give back" in this sentence mean 1) helping novices as a kind of charity? 2) Investing in a new business? 3) Starting off once again and more strongly?

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What is the context of "This place"?

Usually "give back" is used in the context of "Giving back to the people, as a charity"

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"give back" in this kind of context is almost always used in reference to charity.

Specifically, the sentence you give could be more clearly conveyed like so:

"When I sold my company, Aviato, I wanted to give back to the community. That's why I started this place."

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