43 North
http://dbpedia.org/resource/43_North an entity of type: Thing
43 North is an accelerator program, founded by Empire State Development and the State of New York, that hosts an annual startup competition, investing $5 million per year to attract and cultivate high-growth companies in Buffalo, NY. 43North portfolio companies also receive free incubator space in Buffalo for one year, guidance from mentors in related fields, and access to other business incentive programs such as START-UP NY. To date, 43North has invested $35 million in 59 companies, created over 1,000 jobs in the Western New York region - nearly 3,000 globally, and has a portfolio valuation of over $4 billion. 43North's portfolio has gained traction in recent years including notable growth by ACV Auctions who achieved "unicorn" status in 2019 and went public, listing on Nasdaq in March 2
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43 North
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43North
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2014
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Investments
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43 North is an accelerator program, founded by Empire State Development and the State of New York, that hosts an annual startup competition, investing $5 million per year to attract and cultivate high-growth companies in Buffalo, NY. 43North portfolio companies also receive free incubator space in Buffalo for one year, guidance from mentors in related fields, and access to other business incentive programs such as START-UP NY. To date, 43North has invested $35 million in 59 companies, created over 1,000 jobs in the Western New York region - nearly 3,000 globally, and has a portfolio valuation of over $4 billion. 43North's portfolio has gained traction in recent years including notable growth by ACV Auctions who achieved "unicorn" status in 2019 and went public, listing on Nasdaq in March 2021; Squire who closed a series C in 2020 at a $250 million valuation, and Circuit Clinical whose latest raise was supported by LabCorp. 43North operates through the support of Governor Kathy Hochul, Empire State Development, the Ralph C. Wilson, Jr. Foundation, and several other sponsors.
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9704
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2014
