Last week, Gov. Cuomo announced the launch of what he called the “largest business competition in the United States.” The 43North competition, which is named after the latitudinal line that runs through Western New York—features $5 million in cash prizes. The program will include three round, culminating at the end of October.

 

Governor Cuomo said:

 

“We are calling entrepreneurs to pitch their business plan to us, and in response, we will provide mentoring and other services to help turn their idea into what can potentially be a real business. 43North is a win-win for both aspiring entrepreneurs and the region, providing important capital to winners of the competition and creating new economic opportunities for Western New York.”