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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…

Business

Joshua Aviv said he can't wait to get SparkCharge established in Buffalo, after winning the $1 million grand prize in the 43North competition on Wednesday. In fact, Aviv, the founder and chief executive officer, said the company will be at a University at Buffalo job fair on Thursday, recruiting for talent. "We're super excited to be here and we can't get wait to get…

Business

The 43North business plan competition has cut its field of contenders to 10. Judges evaluated pitches the 18 finalists made on Wednesday morning and afternoon during the qualifying round at Shea's Performing Arts Center. The judges then deliberated before reducing the field by eight entrants. The 10 remaining teams will compete Wednesday night at Shea's for prize mon…

Festivals

From a food event dedicated to healthy options to a nice lineup slotted for Buffalo's indie station's birthday show, there are ample activity options in Buffalo from Oct. 1 to 4. Although Modest Mouse has sold out the University at Buffalo Center for the Arts, tickets remain available for several other worthy events. Taps and Apps 5:30 to 8:30 p.m. Oct. 4 in Buffalo R…

Business

If you want to see the winner of the 43North business competition awarded $1 million at Shea's Performing Arts Center Wednesday night and don't yet have a ticket, you're out of luck. The event is at capacity. But the daytime session, where finalists will make their pitch for the prize, is still free and open to the public. Walk-ups are encouraged. The daytime event goes…

Business

43North is preparing for a full house Wednesday night. More than 3,000 tickets were distributed for Wednesday night's final presentations at Shea's Performing Arts Center, putting the audience for the business plan competition at capacity for the first time. The tickets were free. This year, 43North provided reserved seats for the event, instead of general admission …

Business

Just over a year after its launch, the Western New York Impact Investment Fund has purchased its third stake in a local company. The fund is investing $750,000 in a cellulose insulation company that had moved from Massachusetts to Buffalo after winning a $500,000 award in the 43North competition. CleanFiber Buffalo LLC – formerly UltraCell – uses recycled corrugated …