Accelerate Long Island Board Names Mark Lesko as Executive Director

Today, Accelerate Long Island’s Board of Directors announced Brookhaven Town Supervisor Mark Lesko as the first Executive Director of Accelerate Long Island. Lesko will start in mid- September 2012.

Accelerate Long Island is a groundbreaking regional collaboration between the Long Island Association, Brookhaven National Laboratory, Canrock Ventures, Cold Spring Harbor Laboratory, CA Technologies, Ernst & Young, Farrell Fritz, Hofstra University, North Shore-LIJ Health System, the Rauch Foundation and Stony Brook University to commercialize the region’s research innovations. Long Island’s world class research institutions collectively conduct over $1 billion in research annually and Accelerate Long Island will work to commercialize that research into start-up companies and high-tech jobs to transform Long Island’s economy.

Mark Lesko spearheaded with the development of Accelerate Long Island as Brookhaven Town Supervisor in 2010 and it became a regional effort under the auspices of the Long Island Association. Accelerate Long Island was created as a non-for-profit organization, was named a “transformative project” in 2011 by the Long Island Regional Economic Development Council and received a $500,000 grant to start a seed fund for early stage companies. This seed fund is matched by $750,000 from the Long Island Emerging Technologies Fund, a partnership of venture capitalists seeking to invest in early stage companies on Long Island.

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