New York Tech president joins Accelerate LI board
Henry “Hank” Foley, the president of New York Institute of Technology, was elected as a board member of Melville-based Accelerate Long Island, a collaboration of research and academic institutions and business leaders that aims to support the growth of high-tech startup companies. New York Tech is an accredited not-for-profit university with undergraduate and graduate programs across […]
Accelerate Long Island scores $1.25M from ESD
Accelerate Long Island was awarded $1.25 million in funding, over five years, from Empire State Development. ESD awarded the funding through round XII of New York State’s Economic Development Council Initiative. Accelerate is a regional collaboration of research and academic institutions as well as the business community. The organization aims to develop innovation and support […]
A STRATEGY TO MARKET LI’S TECH BUSINESSES AGGRESSIVELY
Originally published: January 25, 2011 6:36 PMUpdated: January 26, 2011 8:58 AM The effort to produce businesses and jobs from the high-level research institutions on Long Island continued to gather momentum Tuesday, as Brookhaven Supervisor Mark Lesko and the Long Island Association unveiled an effort to commercialize research done here. The initiative, called Accelerate Long […]
GROUP EFFORT TO REV UP ECONOMY
Losing both young people and young companies is not exactly a prescription for a healthy Long Island economy. Now, at least, we’re on the verge of making progress on one of the two: spawning and keeping high-tech companies here. To stop being a net exporter of start-up firms, and to make Long Island competitive, as President Barack Obama urged the nation […]
BIG FIVE TURN KEY ON ACCELERATE LI
Originally published: March 17, 2011 6:48 PMUpdated: March 17, 2011 6:51 PM They said it couldn’t be done — getting the Big Five together in the same room at the same time, that is. But earlier this week, at CA Technologies in Islandia, it was done. Sam Aronson, director of Brookhaven National Laboratory; Michael Dowling, […]
LI BUSINESS LEADERS SEEK SILICON VALLEY INSPIRATION
How did Silicon Valley become Silicon Valley? Long Island business and political leaders are hoping to get some answers at a meeting Thursday with officials of the Silicon Valley Leadership Group, which represents companies in America’s top tech spot. The meeting was arranged by Rep. Steve Israel (D-Dix Hills) and will include Israel, Long Island […]
ACCELERATE LI TO SHOWCASE BNL TECH
As part of its mission to create start-up companies through the commercialization of research performed at the region’s larger institutions, Accelerate Long Island is holding its first event aimed at attracting entrepreneurs to invest in local technology. The Accelerate Long Island crew will be at Brookhaven National Laboratory on Monday showcasing several patent and technology opportunities available […]
BROOKHAVEN LAB’S RESEARCH HEADS TO MARKET
Venture capitalist David Calone of Babylon-based Jove Equity Partners brought along his checkbook, just in case there was something in which to invest. Nancy D. Lieberman of the Uniondale-based law firm Farrell Fritz brought along an open mind. Calone and Lieberman were among about 30 select Long Islanders invited to Brookhaven National Laboratory in Upton […]
FIRMS OFFER $500G TO HIGH-TECH LI BUSINESS
Originally published: September 26, 2011 7:34 PMUpdated: September 27, 2011 9:46 AM Long Island’s struggling efforts to produce businesses and jobs from the high-level research institutions in Nassau and Suffolk counties got a boost Monday with an announcement that two local venture capital firms have committed $500,000 in hopes of creating more than a dozen […]
NEW FUND CREATED FOR LI TECH STARTUPS
Two Long Island-based investment firms have teamed up to provide $500,000 in seed funding for technology startups. Mark Fasciano, co-founder of Jericho-based Canrock Ventures, and David Calone, president and CEO of Jove Equity Partners, shared a stage at the Cradle of Aviation Museum in Garden City this morning with Sen. Charles Schumer and several members of Accelerate Long Island to […]