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Shark Tank – ever heard of it? Cool concept, right? Well, if you’re into Shark Tank at all or enjoy learning about innovative startup businesses, you need to know about Buffalo’s own version.
What is 43North?
Well first of all, it’s NOT a brewery – that’s 42 North. 43North is a startup competition dedicated to fueling Buffalo’s renaissance, and the finals competition happening at Shea’s on October 3rd is as close as you’ll probably ever get to experiencing a live episode of Shark Tank IRL. And with a twist – the winning startups (and let me tell you these are legit startups doing legit things) have to move their companies to Buffalo, NY.
2018 marks the fifth year in a row of 43North’s existence. Here’s a little backstory: Since inception, 43North has crowned 37 winners thanks to Governor Andrew Cuomo’s Buffalo Billion initiative in 2014. Winning companies have gone on to raise more than $90 million since becoming 43North winners.
The competition starts off with several rounds of judging until they finally narrow it down to 18 finalists who make their way to Buffalo for 43North Finals. From there, the finalists pitch to an esteemed panel of judges who select a total of 10 finalists to move forward in the competition, and this is who you’ll get to see pitch on Wednesday, October 3rd at Shea’s.
The Main Event
The show, which is huge and open to the public for freeee (just make sure you register to snag a seat!), begins at 6 p.m. sharp. All 10 startups will get 2 minutes in the limelight to wow a panel of star judges. Then finalists must run through 4 minutes of Q & A with the judges – this is where things get interesting, trust us.
In the end, only one startup will win the grand prize of $1,000,000. 7 other startups will walk away winners too, receiving $500,000 prizes. Then all 8 of these startups will relocate to Buffalo by January 2019 – the beginning of 8 success stories right here in our city.
Why Should You Go?
This event is exciting for the finalists, but even more so for the Buffalo community. Not only is 43North Finals free and entertaining to attend, it’s one of those events that gives you serious Buffalove vibes throughout the entire show.
Don’t forget to register here beforehand to reserve your seat!
Date: Wednesday, October 3, 2018
Where: Shea’s Performing Arts Center
Doors Open: 5pm, Event Starts: 6pm
Cost: Free (register to save your seat!)