Buffalo entices startups to relocate with $5 Million contest

Mr. Callwood’s company, Painless1099, was one of 11 finalists in 43North, America’s largest business-idea contest, which recently held its second annual competition. With $5 million in prize money, the venture aims to retain local entrepreneurs and attract new ones to Buffalo, a city that has lost more than half its population, and many of the industrial giants that once fueled its economy, over the last 65 years.

View source version on The New York Times.