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Buffalo Urban Development
About
Buffalo Urban Development is a City of Buffalo's not-for-profit development agency.
- 1 - 10
Details
- Last Funding Type
- Grant
- Last Funding Money Raised
- $2.80M
- Industries
- Non Profit
- Founded date
- May 18, 1978
- Number Of Employee
- 1 - 10
- Operating Status
- Active
The Buffalo Urban Development Corp. has acquired a 90-year-old former industrial site that officials hope will be home to a new manufacturing or high tech business in the coming years.Buffalo Urban Development Corporation (BUDC) is the City of Buffalo's not-for-profit development agency, reclaiming distressed land and buildings for future development. BUDC seeks to create an environment conducive to private investment, provide oversight and visioning for projects of regional significance, serve as a liaison among various public and private stakeholders, serve as a conduit for public funding of significant projects and serve as a real estate holding company for certain public-sector projects.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Apr 1, 2019 | Grant | $2.80M | 1 |
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
|
Yes | Grant |
