Earlier this year, Buffalo announced the 43North project, which is allocating $5 million to developing startup companies in the area: with a $1 million grand prize, there are six additional awards of $500,000 and four worth $250,000.
Winners get a free “incubator” space in downtown Buffalo where they can develop their startup, the help of local mentors, and other incentives. ?But these entrepreneurs?must be willing to relocate to Buffalo.
Some 68 countries have entered the competition from all corners of the globe: from Rwanda to Vietnam, Argentina to Romania. ?Check out the map to see the number of countries and submissions grow.