Jove Equity Partners

Infrastructure, Big Data: It’s all in a day for busy Bill

By GREGORY ZELLER // These are busy days for William Biamonte, a forward-thinking entrepreneur with multiple oars in promising waters. Bustling Bill heads not one but two startups with breakout potential, each looking to capitalize on an industry that figures prominently on national levels. First there’s Green SulfCrete LLC, which is leveraging decades of Brookhaven National Laboratory research and multiple small-scale grants in its quest to remake the construction trades with sulfur polymer, a next-level…


Lesko, SBU’s Donnelly to run $6M+ seed fund

By GREGORY ZELLER // Accelerate Long Island is back in business, and it’s main private-investment partners are coming along for the ride. The seed-funding business accelerator, which has been publicly quiet since awarding its 10th and final first-round stipend in December, has been awarded $3 million by Empire State Development to establish the Accelerate NY Seed Fund, with matching private investment planned. Unlike the original Accelerate Long Island charter – through which Accelerate teamed with…


The Debrief: David Calone, Jove Equity Partners

Chief executive of Setauket investment firm Jove Equity Partners, founder of the Long Island Emerging Technologies Fund, chairman of the Suffolk County Planning Commission, candidate for the U.S. House of Representatives … and that’s when he’s not running a Colorado-based healthcare company recently ranked among the nation’s fastest-growing firms. It’s fair to say David Calone has a full plate – but nurturing Long Island’s innovation economy remains a top priority. In his words: BUSY MUCH?…


Envisagenics gets $100K in seed funding

By GREGORY ZELLER // Cold Spring Harbor Laboratory spinoff Envisagenics has landed a $100,000 investment from Accelerate Long Island and the Long Island Emerging Technology Fund. Envisagenics, which uses proprietary algorithms to dramatically reduce the complexity of biological datasets resulting from ribonucleic acid sequencing, will use the funds “to create the most talented team possible for Envisagenics and Long Island,” CEO Maria Luisa Pineda told Innovate LI. Pineda founded the firm in 2013 with Chief Technology…