Share this article

print logo
Business

43North has a bigger pool of contenders to choose from this year. The business plan competition with the "Shark Tank"-like finale attracted 528 entries this year, up 9% from last year. The sixth edition of the competition, featuring $5 million in prize money, will culminate Oct. 30 onstage at Shea's Performing Arts Center. The grand prize winner will receive $1 million.…

Business

An upcoming coding "hackathon" will offer a total prize package of $14,500. Code:Buffalo is scheduled for June 14 to 16. The event is free and open to the public, but registration is required. Professionals and students who have at least basic coding skills are invited to attend. The first-place prize is $10,000. The second-place entrant will receive $3,000, and thir…

Business

43North is looking for its next $1 million prize winner. The business plan competition is accepting applications for its 2019 edition, which concludes Oct. 30 with judging onstage at Shea's Buffalo Theatre. The grand prize winner that night will walk away with $1 million, and seven other companies will win $500,000 each. The prize winners will be eligible for a cut of $…

Business

EagleHawk is looking forward to a lucrative week. The Blasdell-based company has made a name for itself flying drones that inspect flat roofs, using thermal imaging to detect problems. On Tuesday, EagleHawk will be one of five finalists pitching to judges in the Genius New York competition in Syracuse. The grand prizewinner will walk away with $1 million, while the othe…

Business

The 44 startups in 43North's portfolio have created more than 400 jobs in the region since 2014, and many of those companies want to hire more. The business plan competition highlighted the job-creation milestone at Thursday's "Jobcade," a job fair at 500 Seneca presented by Ignite Buffalo. More than three dozen startups and small businesses, including some 43North priz…

Business

Startups and small businesses looking to fill more than 200 jobs will participate in the first Ignite Buffalo JobCade, a job fair that will be held 3 p.m to 7 p.m. on March 7 at the 500 Seneca building in Buffalo. The event is free and open to the public. Job seekers will be able to meet face to face with prospective employers, receive advice about their resume and inte…

Daniel Greene, a litigator who served as chief operating officer at Formarum, has joined the law firm Beckage PLLC. Greene was previously an attorney with Connors & Vilardo and the federal public defender's office for the Western District of New York. He also clerked for a federal judge in Florida. He was also previously 43North's director of operations and a…

Business

Techstars, which supports the growth of startups around the world, has established ties to Buffalo. Techstars has announced a partnership with 43North, the business plan competition. Their goal is to build on efforts underway to promote a stronger startup culture in the region. Alexander Gress, 43North's president, said he viewed Techstars and 43North as "closely ali…

Business

CleanSlate UV sees great promise in its product that uses ultraviolet light to disinfect mobile devices in settings like healthcare, food and biotech facilities. But the Buffalo company argues a competitor, PhoneSoap, has made deceptive claims in marketing materials about its own product. As a result, CleanSlate on Wednesday filed a Federal Trade Commission complaint…

Business

When we last saw the winners of the 2018 edition of the 43North competition, they were celebrating onstage at Shea's Buffalo Theatre. On a chilly Monday, they were settling into their new digs at 43North's offices on Ellicott Street and received an invitation from the mayor to drop by. It was move-in day for the startups, as they try to convert their success before a pa…

Business

ACV Auctions, a past 43North champion, has received a new jolt of funding to fuel its rapid growth. The Buffalo-based online auto auction business has secured $93 million in venture capital funding. The latest round of funding was led by Bain Capital Ventures and early investor Bessemer Venture Partners. Since 2015, ACV has raised more than $145 million, including th…

Business

In the world of venture capital, some investments pan out, and others don't. Witness the example of two past grand prize winners of the 43North business plan competition, SomaDetect and ASi. SomaDetect, which took home the $1 million prize in 2017, said it is installing its milk monitoring systems at 28 farms over the next four months. The installations represent the…

Business

Cytocybernetics, a University at Buffalo spinoff and a past 43North winner, has received a $250,000 research award. The company received the Small Business Innovation Research award from the National Institute of Mental Health, to support its expansion into neuronal drug development. The company makes a device that focuses on cardiac applications, but wants to extend th…

Local News

Contestants in the 43North competition had to be fast on their feet at Shea's, answering questions from judges. Big money was on the line. Lindsey Tropf faced a doozy. A judge questioned why someone from Gainesville, Fla., would choose move her company, Immersed Games, to Buffalo. "I won't have to lose two weeks of development every year fleeing the state from a hurr…

Business

SparkCharge made bold job-growth pronouncements as the winner of the $1 million grand prize in this year's 43North competition. Joshua Aviv, the founder and CEO of the Syracuse-born company, said he aims to have 90 jobs by the end of 2019, and 120 by the end of 2020. "We're 100 percent dedicated to Buffalo, and we're here to hire world-class talent," Aviv told the ju…