Repost from the Buffalo News About $19 million worth of checks are in the mail to small businesses in Erie County chosen for grants from a Covid-19 relief program. The “Back to Business” program has started notifying 1,366 businesses that their money is coming. The recipients are among 5,000 small businesses that applied for grants and were
Repost from Buffalo Business First The message has been plastered on buses, billboards and the airwaves. Erie County businesses heeded its call. A shade more than 5,000 small businesses applied for Erie County’s Back to Business relief program, which is seeking to award $20 million in grants this month. Erie County turned to 43North to
Starting a company is filled with ups and downs. Products and features don’t always work, customers may have no interest in something you thought was extremely valuable or a global pandemic might completely change the way the world does business. Part of being a strong founder is knowing when something isn’t going to work and
43North Y4 portfolio company Squire announced a Series C raise of nearly $60 million at a $250 million valuation, nearly triple the company’s valuation of its June 2020 Series B raise. The raise, which ICONIQ Capital led with participation from Tiger Global, Charles River Ventures, Trinity Ventures, New General Market Ventures and SoftBank Opportunity Fund,
43North – the business competition and incubator – has moved its staff members and portfolio companies into newly renovated space on the 24th floor of Seneca One Tower. That includes seven new 43North companies – the winners of prize money in its annual competition last October – and 11 companies that won 43North prizes in recent years.
Today, the 43North Board of Directors announced the appointment of Colleen E. Heidinger to President. The move for Heidinger comes after nearly five years with the organization, where she most recently served as VP of Programming Strategy and Community Engagement.
Hundreds of local jobs created. Over $175M in venture capital investment. And the first tech unicorn in our portfolio (and in Buffalo). We take a look back on all that happened in 2019, as we excitedly look forward to what’s to come in 2020.
For the third year in a row, at least 20 local startups have attracted growth-oriented financing from private sources. In 2019, the cumulative amount of money raised has already eclipsed $220 million, enabling companies to hire engineers, customer service reps, sales personnel and business executives.
43North is relocating its headquarters to Seneca One, officials announced today. With the support of a $1.5 million grant from Empire State Development, 43North will become the latest addition to a new tech hub that Douglas Development is creating in the building.
There are lots of great startup competitions, incubators, and accelerator programs out there, so you might be wondering, “What makes us different?” Aside from the investment of $500K or $1 million, what else do you get? Here’s why you should apply to 43North.
Today, 43North, the $5 million startup competition, announced that Alex Gress will soon join the organization as its Executive Director. Gress comes to 43North with more than 20 years of international finance, capital markets and early stage investment experience with a background in building and leading high performing teams.
Governor Andrew M. Cuomo today announced applications are now being accepted for the fourth year of 43North.