Sep 28
2018
Successes and stumbles for 43North program
As the 43North startup competition, funded by the Buffalo Billion, enters its fifth year, organizers have made progress in addressing the program’s weak link: winning companies leaving Western New York after their mandatory year here is up. But, in a notable stumble, one company singled out to receive extra funding slipped through organizers’ fingers, moving all but one of its employees to Toronto earlier this year – despite receiving a total of $1 million in investment from 43North. “Jobs moving to Toronto after a year and a half doesn’t seem like a good investment,” said Kirk Laubenstein, executive director[...]
Posted 6 years ago