Foot wear brand Forsake was selected as one of seven startup companies to receive $500,000 and a year-long onsite mentorship from 43North in Buffalo, New York.
Founded in 2014, 43North is made possible by Governor Andrew Cuomo’s Buffalo Billion initiative, with support from the New York Power Authority and corporate sponsors. Each October, up to 18 finalists pitch their business to a panel of judges with only eight teams being awarded an investment. Seven teams receive a half a million dollar investment and one team receives the grand prize of a million dollar investment; all winning teams relocate to Buffalo, NY for a 12-month mentorship at the 43North incubator space.
“Buffalo has an exciting start-up culture and diverse talent pool, while offering an economically friendly and efficient environment to grow. This award/investment gives Forsake the resources we need to expand our team and operational infrastructure to support our accelerating growth.”, said Jake Anderson, CEO and co-founder of Forsake, “We’ve always kept close ties to Western NY through advisors and partners, so we’re thrilled to now have the opportunity to establish a larger presence there.”
