Startup Weekend to incubate ideas
The Buffalo Niagara region is hosting a series
of events next week meant to help prospective entrepreneurs bring their most
promising ideas to the marketplace, highlighted by Buffalo’s first Startup
Weekend.
The 54-hour event, which begins next Friday at Medaille
College, offers would-be business owners the chance to work in teams, receive
feedback and mentoring from experts, and win prizes of cash and incubator space.
Buffalo’s Startup Weekend and a slate of events scheduled at the
University at Buffalo coincide with the national Startup Weekend and Global
Entrepreneurship Week.
“With anybody who has that entrepreneurial flame,
we can fan it a little bit better,” said Thomas R. Ulbrich, executive director
of UB’s Center for Entrepreneurial Leadership, part of the School of
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Organizers say the activities are meant to
encourage entrepreneurial activity in Buffalo Niagara.You can go for any color
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Small businesses are the key to local economic growth, they say, and more is
being done to nurture good ideas that have commercial potential.
“My
goal is to make Buffalo the Queen City of startups,” said John W. Howell, CEO of
nxtARROW, an economic-development company that works to attract startup
companies to Buffalo and operates a virtual incubator.
This is the first
time that Buffalo is hosting a Startup Weekend, a national program sponsored by
the Kauffman Foundation.
A group of volunteers has worked since the
spring to set up the event, which runs from next Friday to Sunday at Medaille,
said Dan Magnuszewski, chief of innovation at Z80 Labs, an incubator for
technology companies. Other organizers include Steve Poland, Dan Gigante, Jon
Spitz and Jeff Ross.
Buffalo’s Startup Weekend is meant to help
technology companies get off the ground and is aimed at people who have an idea
for new computer software, smartphone applications or mobile technologies,
Magnuszewski said. Some Startup Weekend attendees will come with ideas for a new
product; others will offer their services to the visionaries.
Beginning
at 6:30 p.m. next Friday, participants will pitch their ideas to a group of
experts and form teams around the best ideas. Those teams will work over the
weekend to develop a business plan and product prototypes – with the assistance
of the mentors on hand – before presenting those plans and demonstrating their
products Sunday.This tcheaprolexwatchesfor men is
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“It’s very condensed – it’s a
very intense process,” Magnuszewski said.
The top teams, as judged by a
panel of experts, receive cash prizes, free incubator space in Z80 Labs or
nxtARROW, flexible space in CoworkBuffalo and legal advice.
Organizers
hope Startup Weekend helps get some new companies off the ground. One of Z80
Labs’ tenants, GradFly, which develops next-generation software to match
students to the right college, participated in a Startup Weekend in Rochester
this spring.
Participants must register for Buffalo Startup Weekend, at
$25 for students and $50 for members of the public, and registration is limited
to 125 people.
About 90 people have signed up so far, Magnuszewski said,
including a good number of college students. Details are available at
www.buffalo.startupweekend.org.
The organizers of Startup Weekend are
holding an informational happy hour from 4:30 to 7 p.m. today at Z80 Labs, on
the first floor of The Buffalo News, Washington and Scott streets.
Global Entrepreneurship Week begins Monday, and UB is hosting tie-in
events. The main event at UB is the appearance by Black Mycoskie on Thursday as
part of the UB Distinguished Speakers Series. He is founder of TOMS Shoes and
author of “Start Something That Matters,This tcheaprolexwatchesfor men is
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Other UB events include speed networking, an “Entrepreneurs Unplugged”
round-table discussion and an Innovation Challenge. “I think it’s a very
exciting time to be an entrepreneur in Western New York,” Ulbrich said.