Snapshot
December 29, 2016

Uber signs on as official sponsor for 43North

Participating in this sponsorship deal:

Uber logo Open uri20141112 64162 4gc040?1415811426

About Sponsor:

Uber is a peer-to-peer ridesharing, food delivery, and transportation network company headquartered in San Francisco, California, with operations in 633 cities worldwide. Its platforms can be accessed via its websites and mobile apps.

About Property:

With $5 million in cash prizes, including a top award of $1 million, six $500,000 awards and four $250,000 awards, 43North is setting out to turn the best new business ideas from around the globe into reality. Winners also receive free incubator space for a year, guidance from mentors related to their field and access to other exciting incentive programs. Winners agree to operate their business in the Buffalo, New York for a minimum of one year and provide 43North with 5% non-dilutive equity in their company. 43North is part of New York Governor Andrew Cuomo’s Buffalo Billion initiative, which is driving new economic opportunities throughout Buffalo and Western New York. The competition operates through the support of New York Power Authority and Launch NY.

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The timing of the announcement is no accident, as the advocacy effort to bring Uber to the entire state has provided a steady drip of news in recent days. A group of local beer companies and distributors announced their support for Uber on Thursday, and Pegula Sports & Entertainment President Kim Pegula did so Wednesday.
Read more at www.43north.org/uber-ny-and-43north-announce-partnership/.com »
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