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 […]
EFFORT URGED TO ATTRACT BIOPHARM JOBS
Originally published: September 28, 2011 8:56 PM Updated: September 28, 2011 9:01 PM Bringing more high-paying biopharmaceutical research and manufacturing jobs to Long Island won’t happen without a concerted statewide effort to compete in the sector, research and educational leaders and industry advocates said Wednesday. “Not only are we facing increased competition from other states,” […]
LOCAL INVESTORS PUT UP $500K FOR TECH TRANSFER
Surrounded by examples of past technological achievements at the Cradle of Aviation Museum in Garden City, more than 100 scientists, entrepreneurs, financiers, and public officials heard Senator Chuck Schumer announce the September 26 kickoff of the Long Island Emerging Technology Fund. With an initial investment of $500,000 from two Long Island investment firms — Canrock […]
REPORT: LI CAN BE ‘INNOVATION POWERHOUSE’
Long Island has some ingredients needed for it to become a major “innovation powerhouse” — the Brookhaven National Laboratory and Cold Spring Harbor Laboratory research centers, growing federal investment in research and development, and a growing science and engineering workforce, noted the first Long Island Innovation Index report out Wednesday. Yet, to reach its potential […]
A REGIONAL EFFORT CAN BUILD LONG ISLAND
The Long Island Index delivered both good and bad news yesterday. Its survey showed that 61 percent of Long Islanders are having problems paying their rent or mortgages. But in rolling out its ninth annual report, the Index — a data-gathering project of the Rauch Foundation — held out hope that we may finally be on the verge of […]
BNL TO STREAMLINE COMMERCIALIZATION
Brookhaven National Laboratory announced today that it will be one of eight national laboratories to implement a new pilot initiative making it easier for private companies to commercialize lab research. While BNL, like other national lab facilities, currently has research agreements in place allowing private companies to work with its researchers to commercialize new discoveries, these […]
HICKSVILLE POST OFFICE EYED AS TECH SPARK
Originally published: February 23, 2012 7:56 PMUpdated: February 23, 2012 9:52 PM Sen. Charles Schumer has asked the United States Postal Service to sell or lease its Hicksville office to a Long Island company hoping to start a high-tech business incubator. “Long Island could become a new hub for technological innovation — if we commit […]
ACCELERATE LONG ISLAND GETTING SOME HELP
Federal Reserve Bank of New York CEO William Dudley today offered his assistance in helping accelerate Accelerate Long Island. Dudley, who was speaking in Melville as part of a Long Island Association event, endorsed Accelerate Long Island’s collaborative approach to boosting the local economy and offered to be a partner in some capacity, although it is still unclear […]
SMALL MED FIRMS PITCH TO NORTH SHORE-LIJ
They came from as close as Brookhaven Town and as far away as Hawaii, all to familiarize themselves with the workings of the North Shore-LIJ Health System, and to find out something vital to their futures: Could they eventually sell products or services to the giant Manhasset-based health care provider? They were executives from small […]
NEW STONY BROOK UNIVERSITY VP TO FOSTER HIGH TECH JOBS ON LI
Stony Brook University chemistry professor Benjamin S. Hsiao has been appointed to a new position as the school’s vice president for research, a role that will put him front and center in the Accelerate Long Island initiative. News of Hsaio’s appointment came in a Monday news release from Dr. Samuel L. Stanley Jr., the university […]