LIHTI

SBU commercialization shines at Incubator Showcase

By GREGORY ZELLER // Innovation is always on display at the Center of Excellence in Wireless and Information Technology, but it truly shined this week, when the stars of Stony Brook University’s economic-development universe soaked up some spotlight. The university’s fourth-annual Incubator Showcase, a one-day ingenuity bazaar highlighting Stony Brook’s complex commercialization ecosystem, filled CEWIT with imagination Wednesday, as residents and clients of SBU’s myriad incubators and business-development programs shared their progress with potential investors,…


Breakfast of champions

Hundreds turn out to honor LI’s brightest innovators (photos by Bob Giglione) In a rare breakfast networker that delivered all the feels, Innovate Long Island saluted its 2019 Innovators of the Year Tuesday at the Crest Hollow Country Club in Woodbury. More than 200 guests turned out to honor two dozen of Long Island’s brightest and boldest researchers, inventors, entrepreneurs and executives, including 2019 Master of Innovation Mitch Maiman and Stony Brook University Vice President…


Staller Center receives 10-year gift from LI law leader

By GREGORY ZELLER // A Stony Brook University alumnus is pumping a decade of support into the Staller Center for the Arts. Ronkonkoma law firm Campolo, Middleton & McCormick LLP will donate $450,000 to support scholarships and arts programs at the Staller Center through a 10-year “gift commitment,” according to the firm. The gift continues CMM’s run as “an annual major corporate supporter of the Staller Center for the Arts live season and Stony Brook…


Kapen: As feds get act together, crowdfunding climbs

By GREGORY ZELLER // Seven years after a new federal law attempted to kickstart the startup market, investors and entrepreneurs are still finding their way – but a few key legislative tweaks could open the equity-crowdfunding floodgates. That’s the from-the-trenches assessment of Alon Kapen, a partner at Uniondale-based Farrell Fritz and head of the firm’s Emerging Companies & Venture Capital practice group, who recalls the Jumpstart Our Business Startups Act of 2012 – a blessedly…


Heavy-hitting LI BioMentor Initiative makes it official

By GREGORY ZELLER // A high-octane effort to unite regional bioentrepreneurs with qualified business mentors has formally launched – though the Long Island BioMentor Initiative is already quite busy. The LIBMI officially accepted its first program applications in a “launch event” Thursday morning at the de Seversky Mansion on the New York Institute of Technology’s Old Westbury campus. But the BioMentor Initiative is already a year into a “pilot phase,” according to founding mentor Mark…


Rethinking the science of business (and clean energy)

By AMY ONORATO // Becoming an entrepreneur introduced Slawa Solovyov to a new way of thinking about science – a mindset incorporating business and marketing factors that went beyond straight research and development. For Solovyov, who had spent the previous 20 years pursuing superconductor research at Brookhaven National Laboratory, it was a challenge. And it would answer the question: What happens when a scientist wants to become an entrepreneur? Solovyov – also chief scientist at…


Matching state grants boost regional SBIR innovators

A Stony Brook University-based small-biz booster program is doubling down on federal Small Business Innovation Research award winners. Through a $1.2 million Empire State Development Corp. incentives package administered by the university’s Small Business Development Center and the Research Foundation for SUNY, SBU has released the first set of matching grant funds to SBIR awardees in Nassau and Suffolk counties. Four regional companies benefited from a total of $50,000 released this round, including Farmingdale-based vaccination…


Long-lasting glaucoma fix? They can see it from here

By GREGORY ZELLER // A Stony Brook biotech looking to carve a nanotech niche in the science of glaucoma treatment is eyeing some impressive laboratory results. Sustained Nano Systems, working closely with Stony Brook University’s Center for Biotechnology, has “achieved positive in-vitro results on long-term sustained delivery of Latanaprost for glaucoma treatment,” according to a company statement. Decoded: The biotech can keep the No. 1 glaucoma drug ticking for 159 days in in-vitro tests, which…


‘Dormant’ biotech wakes on Alzheimer’s fast track

By GREGORY ZELLER // A pre-clinical-stage biopharmaceutical company is being fast-tracked toward a potential Alzheimer’s treatment, after taking a decidedly slow road. Stony Brook-based Avanti Biosciences Inc. actually launched in 2009, but was “dormant for a few years,” according to founder Gian Luca Araldi, “kind of an empty shell.” It was only in the last two years, when “I had some ideas I wanted to develop on my own,” that Araldi – a former senior…


An eye on changing (forever) how medicine is taken

By GREGORY ZELLER // As a writer of mystery novels, Barry Libin understands the creative process. (His “The Mystery of the Milton Manuscript,” in fact, may be the vanguard of an entirely new genre: historical-poetry adventure). As a successful entrepreneur, he understands the touch-and-go world of business formation (he sold off a prior startup, Manhasset-based BML Pharmaceuticals, for a “significant” sum back in 2005). And as a trained periodontist, the graduate of Stony Brook University’s…


New director for busy Business Incubator at Calverton

By GREGORY ZELLER // Stony Brook University’s Business Incubator at Calverton has a new head honcho. Chris Kempner, a former executive director of the Town of Riverhead’s Community Development Agency, will take over as associate director of the Calverton incubator as of May 15, SBU announced Thursday. Kempner officially succeeds Monique Gablenz, who retired from her position as Calverton Business Incubator director in the fall of 2016. Incubator management temporarily passed to Jeffrey Saelens, executive…


OYOclass act: Kids get with the programming

By GREGORY ZELLER // From the Never Too Young To Start file comes OYOclass.com, an innovative computer-programming platform that embraces project-based learning principles to help even the youngest students leapfrog into the future. Just ask the Long Island 9-year-old who earns paychecks modifying source code to create covers for “Minecraft” novels, or the nine Island middle-schoolers who this week are taking state AP Computer Science exams – usually reserved for high school juniors and seniors…


Meanwhile, Albany tells science: We’ve got your back

By GREGORY ZELLER // Even as the Trump Administration levels its big guns at national funding for scientific research, New York State is doubling down on its commitment to life sciences. Leaders of business and medical-research organizations across the state are hailing Albany’s 10-year, $620 million plan to turn New York into one big life-sciences cluster. The economic-development strategy was championed by Gov. Andrew Cuomo and adopted by the state Legislature this week as part…


Spotlighting ‘dark data,’ and other IT inefficiencies

By GREGORY ZELLER // A Stony Brook tech firm with a hard-science history is tracking data’s “unknown unknowns,” helping enterprise administrators control complex and rapidly changing IT environments. ModelizeIT, a 2012 startup launched by Russian import Nikolai Joukov, is a cyber detective of sorts, fine-toothed-combing servers both frontline and forgotten to discover “dark data” and other costly and potentially dangerous information-storage inefficiencies. Unlike structured data (database content, for instance), dark data – generally defined as operational…


Saelens retires, and SBU does the MEP shuffle

By GREGORY ZELLER // The man tapped to manage a $5 million regional manufacturing program is out, less than a year into the five-year state award. Jeffrey Saelens, executive director of the Stony Brook University-anchored Manufacturing and Technology Resource Consortium, is retiring, effective at the end of the month. The university has made no official statement, but Saelens confirmed his imminent departure to Innovate LI Tuesday morning. “I’m 77,” he said. “That’s enough.” Saelens, who…