43North is an annual startup competition offering $5 million to truly remarkable startups around the world. They’ve crowned 29 winning startups from across North America and as far away as Taiwan and Israel. In addition to the sizable amount of capital, 43North provides winning startups with incubator space and expert mentorship to help grow their company. The goal of the competition is to foster the economy of the Buffalo area, which is made apparent by the necessity for company founders, along with at least half the staff to move to the area for at least a year.
In addition to the plentiful resources being made available through the competition, 43North also allows the winning startups to apply to START-UP NY, which allows New York-based companies to operate without paying state taxes for ten years on or near eligible university or college campuses in the state of New York. Not a bad perk for a startup competition. If you’re interested in applying to the competition, you can head to their website and register here. Applications for the 2017 application period are being accepted until May 24. Make sure to read the terms and conditions before applying.
