Governor Hochul Announces Winner of $ 1 Million Grand Prize at 43North’s 7th Annual Startup Competition
Governor Kathy Hochul today announced the winners of the seventh annual 43North $ 5 million startup competition, including the top winner of a $ 1 million investment and the other seven companies that have each won investments from $ 500,000. In addition to financial investments, winners will receive one year of free space in Seneca One where 43North is headquartered, guidance from experienced mentors, local contacts with potential clients, access to 43North’s investor network and other business incentive programs. The winners were announced at an awards ceremony at Shea’s Performing Arts Center in Buffalo.
“Over the past seven years, the 43North startup competition has put Buffalo and the region of Western New York State on the map of innovation and entrepreneurship. Governor Hochul said. “I want to congratulate Top Seedz on their well-deserved success, as well as the hard work and creativity of each of the finalists on display at tonight’s competition. Through initiatives like 43North, we are attracting innovative startups to New York State. and creating a more prosperous future. ”
The winners of the 43North 2021 competition are:
Top Seedz – Buffalo, NY – Winner of $ 1,000,000
Top Seedz makes artisan crackers and roasted seeds rich in nutrients and flavors using the simplest ingredients provided by nature.
BetterMynd, Inc. – Buffalo, NY – Winner of $ 500,000
BetterMynd is an online therapy platform for students. They partner directly with colleges to give their students access to their diverse network of licensed mental health counselors with the privacy and convenience of their laptops and mobile devices.
Large Wheelbarrow, Inc. – Austin, Texas – Winner of $ 500,000
Big Wheelbarrow is a SaaS company that enables food distributors and grocery chains to build and maintain decentralized supply chains to meet consumer demand for local food cost-effectively, efficiently and safely.
FLOX – The Healthy Chicken Company – London, UK – Winner of $ 500,000
FLOX – The Healthy Chicken Company is an income-generating business using machine vision to enable welfare-oriented agriculture with initial applications in chicken farming. Their product helps improve the health and welfare of chickens, so that farmers operate more ethically, profitably and sustainably; and better visibility across the entire supply chain – down to (increasingly aware) consumers.
Infiuss Health – San José, CA – Winner of $ 500,000
Infiuss Health is a SAAS platform that powers remote research / clinical trials in Africa, connecting researchers (in industry and academia) to patients, participants in Africa to pharmaceutical and science companies US and EU based life for clinical research and clinical trial studies.
ShearShare, Inc. – McKinney, Texas – Winner of $ 500,000
ShearShare is the first B2B mobile marketplace to monetize underutilized assets in the beauty and barber industry, starting with space to work. Stylists rent out suites / resorts by the day, week or occasion with no contracts or commissions, and salon, spa and barber shop owners make money on the empty space they have. already.
Interactive Zealot – Arlington, VA – Winner of $ 500,000
Zealot Interactive offers augmented streaming video lessons for musical instruments combined with state-of-the-art optional equipment. They are a “Platoon for Music”. The organized content marketplace complies with the law with record companies and allows creators to host videos that they would not otherwise have the ability to license.
Verivend – Buffalo, NY – Winner of $ 500,000
Verivend is the fintech that modernizes the way companies do business. True network, Verivend offers the fastest way available to pay and get paid, no entry barriers allowing businesses to deal with all customers and suppliers, unbiased reputation transparency and a digital portfolio fueling B2B and B2C payments. snapshots.
The winners of 43North were selected by the following final judges:
- Brian Brackeen, General Partner at Lightship Capital
- Peter Boyce II, Founder and Managing Partner of Stellation Capital
- Howard Draft, Executive Chairman of Draftfcb
- Scott Omelianuk, editor-in-chief of Inc.
- Jackie Reses, Chairman of the Economic Development Board of the Federal Reserve Bank of San Francisco
- Rudina Seseri, Founder and Managing Partner of Glasswing Ventures
43Nord Council Chairman Eric Reich said: “Each year, we are blown away by the excitement, talent and innovation demonstrated by companies competing for a place in the 43North portfolio. We are delighted to see tonight’s winners making their mark in Buffalo as they grow their business and take advantage of the rich resources offered by the city and our program.
43North President Colleen Heidinger said: “The energy at Shea’s Performing Arts Center was palpable tonight as the West New York community stepped forward to cheer on our incredible finalists. playing tonight. I can’t wait to see the winning companies discover all that our growing startup ecosystem has to offer. ”
Over the past seven years, 43North has invested in a diverse portfolio of 51 companies, 31% of which have founders of color and 23% have women. Almost half of these companies maintained a physical presence in the queen city, creating more than 800 local jobs. Among the ranks is tech unicorn ACV Auctions, which took 43North to new heights as the first publicly traded holding company, following an IPO on March 24, 2021.
43North is an acceleration program 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 incubation space in Buffalo for one year, mentor advice in related fields, and access to other business incentive programs such as START-UP NY. 43North operates with the support of Governor Kathy Hochul, Empire State Development, the Ralph C. Wilson, Jr. Foundation and several other sponsors. For more information on 43North, visit www.43north.org.