In The News

Accelerate LI, Topspin join forces to aid local startups

Newsday  By Joe Ryan Accelerate Long Island, a nonprofit organization trying to build a network of high-tech startups, has forged a potentially lucrative alliance with the region’s largest venture capital firm, Topspin Partners. The partnership, expected to be formally announced Thursday, equips the three-year-old nonprofit with a direct conduit to introduce aspiring entrepreneurs from local [...] read more

Startup Survival Advice: Follow A Market, Not Just A Dream

Forbes, November 6, 2013 The following guest post is by Mark Lesko, executive director of Accelerate Long Island, which supports early-stage startup technology companies. Many startups, particularly in the social media space, start out by wanting to change the world through the dissemination of important content, the creation of new networks, or by offering socially [...] read more

Long Island Hopes New Moves Spark Technology Start-ups

Wall Street Journal August 4, 2013 Will James For years, Long Island’s leaders have dreamed of transforming the suburbs east of New York City into a Silicon Valley-esque hub of technological innovation. That vision received a jolt of energy recently, when Canon Inc. executives said the camera and copier giant would consider conducting research and [...] read more

Accelerate LI reaches more than 100 local start-ups

Newsday June 13, 2013 Accelerate Long Island, the nearly year-old effort to nurture the growth of high-tech companies here, has more than 100 local start-ups in its network of contacts, the organization said. Mark Lesko, the executive director of Accelerate, said he included a business as part of the “ecosystem” of start-ups on Long Island [...] read more

Accelerate Long Island Hits Major Milestone of 100 Technology Startups

Wall Street Journal June 13, 2013 Click here to read more read more

Accelerate LI’s Lofty Goal: Create the Next U.S. Innovation Cluster

May 20, 2013 Xconomy  Ben Fidler When Astellas Pharma shuttered the labs of OSI Pharmaceuticals last week, no one felt that loss as acutely as the residents of Long Island, NY. OSI, famed for its lung cancer drug erlotinib (Tarceva), had shown that it was possible to create a large pharmaceutical company on Long Island. [...] read more

Philip Rugile joins Accelerate Long Island

Newsday February 27, 2013 By Lisa Du A digital media specialist has joined the ranks of Accelerate Long Island to aid its efforts to help local technology companies grow. Philip Rugile is the third entrepreneur-in-residence at Accelerate. He will work as part of Accelerate Assist, a program that offers mentoring from the entrepreneurs-in-residence as well [...] read more

Accelerate LI launches three initiatives

Newsday 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 [...] read more

Accelerate LI appoints Jove Equity’s Calone to board

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 [...] read more

Editorial: Long Island can rebound from high-tech setback

Editorial: Long Island can rebound from high-tech setback
Newsday It’s no fun to lose a high-stakes bid to win federal dollars. Yes, Stony Brook University and Brookhaven National Laboratory failed to be designated an energy innovation hub for battery research. But there’s still a chance that future battery breakthroughs — so vital to harnessing solar and wind energy, and powering energy-efficient autos — will happen [...] read more