Android Bootstrap provides tools and frameworks to simplify Android development. It includes libraries for dependency management (Maven), UI components (ActionBarSherlock, ViewPager), network requests (HTTP support), and more. Setting up the tools takes 3-5 days for experienced developers and 1-3 weeks for beginners. The code is hosted on GitHub and the app architecture uses Maven with modules for the parent and app. It implements features like account management and JSON parsing to reduce boilerplate code.