43North Million Dollar Winner

2015 43North winners on stage celebrating.

Founders Joe Neiman, Jack Greco and Dan Magnuszewski celebrate their win at the 2015 43North business plan competition.

by Jane Stoyle Welch

Published November 2, 2015 This content is archived.

For the second year in a row, a hometown team led by alumni from the School of Engineering and Applied Sciences won the $1 million grand prize in the 43North annual business plan competition.

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“It is great to see how the thinking has changed in Buffalo about starting new companies and supporting entrepreneurship.”
Dan Magnuszewski, Co-founder and CTO
ACV Auctions

ACV Auctions surpassed a global field of 11,350 applicants with their idea for a live wholesale marketplace for dealer-only automobile auctions, implemented as an easy-to-use smartphone app. ACV is led by Joe Neiman (BS Management 2008), Jack Greco, and Dan Magnuszewski (BS Computer Science 2005).

Magnuszewski is also the winner of the 2015 Outstanding Young Alumnus Award, which is given to a young alumnus or alumna to recognize outstanding contributions to their career field, academic area and/or community. Among his many volunteer activities, Magnuszewski is co-organizer of the Buffalo OpenCoffee Club, a member of the WNY Computer Science Teachers Association, co-founder of the WNY OpenData Working Group, and is endeavoring to consolidate the region’s growing number of technology companies in an effort to build a technology corridor in downtown Buffalo.

“It is great to see how the thinking has changed in Buffalo about starting new companies and supporting entrepreneurship,” said Magnuszewski. “I am integrating UB students into as many of these activities as possible.”

Magnuszewski earned a BS in computer science from UB in 2005, and is an active member of the Department of Computer Science and Engineering’s advisory board.