January 17, 2013
By Lisa Du
Accelerate Long Island, the four-month-old effort to bolster the regional economy by encouraging growth of high-tech companies, now has a blueprint for commercializing new technology and fostering start-up companies.
The organization plans to announce Friday three new initiatives — Accelerate Assist, Accelerate Funding and Accelerate Ecosystem — that will help nurture early-stage companies. Accelerate also announced a new entrepreneur-in-residence program.
The new initiatives are “tailored to address gaps in the entrepreneurial ecosystem” of Long Island, said Mark Lesko, executive director of Accelerate.