BUFFALO, N.Y. (WIVB) — Entrepreneurs from more than 110 countries and all 50 states are vying for seats at an incubator in downtown Buffalo.
“An entrepreneur is the type of person who wants to own something and you can own a piece of this city,” said Peter Burakowski, the Director of Marketing for 43North.
They’re participating in 43North’s start up competition which awards $5 million to 10 budding businesses. The competition is drawing in business from almost every sector with new apps, renewable energy and biotech.
Clark Dever’s start up, Heads Up, is working to create glasses that make industrial workers aware of hazardous conditions. They’re now semifinalists in the competition.
“We’re happy,” said Dever, a Buffalo native who started working in the space with Z80. “We’re excited to bring all of these new companies to buffalo and get them entrenched into the ecosystem and get them working with all of the other start ups and businesses in the community and get them working in this environment.”
“The more our community can embrace these entrepreneurs, it will benefit us as well as them,” said Burakowski.
The final round for the 43North competition is October 29th. Teams will pitch their start up ideas to panels and they will award the prize money to 10 companies. The winners must relocate to Buffalo for at least a year as they build their business in Western New York.