Techstars is giving its alumni a chance to apply for another round of funding. The program, 43North, a $5 million startup competition that attracts startups to Western New York and accelerates their growth. Techstars alumni are able to apply for free until the July 8 deadline.
Winners will receive either a $1 million investment or one of seven $500,000 investments—along with a year of free incubator space, a chance at a cut of $500K in follow-on funding, freedom from state taxes for 10 years, mentoring, and support for hiring, business development, and marketing.
Since arriving on the scene in 2014, 43North has invested in 44 companies, which have raised more than $220 million and created over 425 jobs in Buffalo. Non Techstars alumni are also encouraged to apply for funding.
Get more details about funding at Techstars.com