Techstars Alumni Can Apply to the $5 Million 43North Startup Competition for Free
This post originally appeared on blog.up.co
The startup ecosystem in Buffalo, NY is on the rise. Today, Buffalo has more startups than ever, as well as a growing community of enthusiastic startup employees, customers, suppliers, mentors, and storytellers, all supporting this groundswell of entrepreneurial activity—more than Buffalo has seen in generations. VCs are noticing, too, and showing their approval with increasing investments.
A key member of this community—and a big reason for its current momentum—is 43North, a $5 million startup competition that attracts startups to Western New York and accelerates their growth. Since arriving on the scene in 2014, 43North has invested in 44 companies, which have raised more than $220 million and created over 425 jobs in Buffalo.
All this made Buffalo the perfect city to launch our inaugural Techstars Startup Ecosystem Development Program—and made 43North the perfect partner.
For the last several months, the Techstars team has been working hand-in-hand with 43North and the Western New York startup community to help them take their ecosystem to the next level. We started by conducting research and creating an ecosystem roadmap report, and now we’re diving into producing year-round programming, offering mentorship for Buffalo startups, and providing coaching and facilitation for Western New York mentors, community leaders, and investors.
A Special Offer for Techstars Alumni
This year, 43North is waiving the application fee to its $5 million startup competition for any Techstars alumni. Winners will receive either a $1 million investment or one of seven $500K investments—along with a year of free incubator space, a chance at a cut of $500K in follow-on funding, freedom from state taxes for 10 years, mentorship, and support for hiring, business development, and marketing.
The July 8, 2019 application deadline is coming up soon, so apply now, and use the code TECHSTARS-XQB44 to take advantage of this special offer.
Learn more about the Techstars Startup Ecosystem Development program.