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.

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