Newsday
Originally published: December 19, 2012 8:23 PM
Updated: December 19, 2012 8:36 PM
By LISA DU
A key Long Island effort to nurture high-tech companies and revitalize the regional economy added David Calone, a venture capitalist, to its board.
The board of Accelerate Long Island voted last night to appoint Calone, the chief executive of Setauket venture capital firm Jove Equity Partners, as its 12th member.
Accelerate, which launched in September after a year of planning, works to connect local entrepreneurs with scientists at the island’s laboratories and universities working on research that has commercial potential. The effort, led by former Brookhaven Town Supervisor Mark Lesko, also seeks to attract more start-up funding and early-stage businesses to the island.