Press the icon to view the playlist

Accelerate Long Island: An Example of Partnership

On Tuesday, January 25, 2011, leading research institutions and the Long Island Association announced the launch of the groundbreaking "Accelerate Long Island” initiative, which brings together the leaders of Stony Brook University, Hofstra University, Cold Spring Harbor Laboratory, Brookhaven National Laboratory, and North Shore-LIJ Health System in a regional effort to commercialize innovations at Long Island’s major research institutions.

Long Island has an abundance of research and ideas, but as a region needed a strategy to take those ideas and turn them into entrepreneurial successes. Long Island’s major research institutions – Stony Brook University, Cold Spring Harbor Laboratory, Brookhaven National Laboratory, and the North Shore - LIJ Health System’s Feinstein Institute for Medical Research collectively spend over $1 billion dollars on research. The group determined that Long Island needs a regional strategy to unlock the economic potential of the world class research conducted at these institutions. Accelerate Long Island will assist in the creation of an entrepreneurial ecosystem where the potential of research at these institutions is harnessed by entrepreneurs who start companies and create jobs on Long Island. It will increase commercialization of research, promote entrepreneurship, and foster business creation and retention on Long Island.