The LIA has introduced programs to support business leaders and industry sectors of our economy.
Accelerate Long Island
Accelerate Long Island a non-profit organization founded in 2012 by the leaders of Brookhaven National Laboratory, Cold Spring Harbor Laboratory, Hofstra University. Northwell Health Feinstein Institutes, Stony Brook University, the Long Island Association, Farrell Fritz, Ernst & Young, Topspin Partners, Jove Equity Partners, and the Rauch Foundation. This collaboration seeks to foster commercialization of research and support early stage startup companies. It launched two successful seed funds with New York State support:
- Accelerate Long Island received a grant from the first round of the Long Island Regional Economic Development Council and matching funds from the Long Island Emerging Technology Fund and offered a combination of grants/investment in ten companies, which has resulted in $34 million follow-on funding and 32 full-time jobs and counting.
- The Accelerate NY Seed Fund supported over 20 science and technology-based early stage ventures in partnership with Empire State Development and venture capital firms and has completed its investments. The companies are located on Long Island, in New York City, and in the Hudson Valley region.
For more information visit www.accelerateli.org.
LIA Women's Collaborative
The Long Island Association’s Women’s Collaborative has engaged Long Island’s leading businesswomen by encouraging partnerships and providing growth opportunities. The group has focused on issues important to them and the region's economic vitality, including equal pay for equal work and making child care and early education opportunities more affordable and accessible to working families, has held networking events, and has heard from prominent women leaders in business, government, and non-profit organizations.
LI-BIO Initiative
This is a special committee Co-Chaired by Bruce Stillman, President, Cold Spring Harbor Laboratory and Seymour Liebman, Executive VP, Chief Administrative Officer & General Counsel, Canon U.S.A., Inc. and Vice-Chaired by Stratis Philippis, Senior Vice President, General Counsel, Nature’s Bounty. LI-Bio serves as a platform to help expand Long Island's burgeoning sector of companies focused on biotechnology, pharmaceutical, nutraceutical, cosmeceutical and life sciences.