Western New York's startup ecosystem and greater WNY community come together every fall for 43North’s annual startup competition, where 16 semi-finalists pitch and five high-growth companies walk away with $1M each. In 2024, three of the 16 semi-finalists hail from Buffalo, all of which have been supported in various ways by UB's startup initiatives.
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A Simple Agreement for Future Equity (SAFE) offers early-stage startups a flexible investment option, providing funds in exchange for future equity when the business grows. Learn more about what a SAFE is, how it works, and about UB's standard terms for investments made through its Cultivator program.
Founders should consider diversity from the very beginning. Studies have shown that diverse companies are more successful, diversity leads to healthy disagreement that makes teams better, and there is even evidence that startup teams with female founders perform better than all-male teams.
By being aware of – and avoiding – the following top five legal mistakes startups make, entrepreneurs can increase their chances of building a successful business.
As a founder of a startup, you’ve probably been told that it’s important to find co-founders and that eventually you need to go full time if you want your business to grow. But many struggle with how and when to make these leaps. Asking someone to join you on the journey sounds like the biggest sale you’ll ever make. Raising the stakes by letting go of a job that feeds your family sounds even harder. Yet every founding team has done it.
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Additional resources for startup growth
Build your business and connect with a diverse network of entrepreneurs in our two business incubators—the Incubator @ CBLS downtown and the Incubator @ Baird near North Campus.
Get up to $100,000 in pre-seed startup capital and help from experienced entrepreneurs through the UB Cultivator.
Take your business to the next level with up to $250,000 from our venture capital fund, the Buffalo Innovation Seed Fund.