Long Island Angel Network

Morning of a thousand stars

(Photos by Bob Giglione) A dazzling array of sensational scientists, energetic entrepreneurs and regional rainmakers gathered April 24 for the 2018 Innovator of the Year Awards. Innovate Long Island’s third-annual innovation celebration, held at the Crest Hollow Country Club in Woodbury, honored 2018 Master of Innovation Michael Faltischek, senior partner at Uniondale law firm Ruskin Moscou Faltischek and chairman of the Long Island Angel Network. The breakfast banquet also recognized more than 40 of the…


No. 281: Love, exciting and new; Faltischek, cautious but hopeful; and the most popular winter sport you’ve never heard of

It floats back to you: It’s the Love Boat, dear readers, or at least your beloved Innovate LI Newsletter, making another run on this Feb. 14, 2018. It’s Valentine’s Day, of course, the international day of romance – at least, nowadays. Origin stories vary, but many trace the Catholic Church’s St. Valentine celebrations to a pair of executions at the hand of ancient Roman Emperor Claudius II, who whacked two men (both named “Valentine”) on…


Debrief: Red flags, high hopes from Master Faltischek

When Innovate LI last debriefed Long Island Angel Network Chairman Michael Faltischek in May 2015, the LIAN already boasted a significant legacy: 600-plus financing applications reviewed, in excess of $5 million in investments brokered. Less than three years later, the network – which arranges investments but doesn’t make them – has reviewed another hundred-plus applications and negotiated upwards of $30 million in private investments. Meanwhile, at the senior partner’s Uniondale-based law firm Ruskin Moscou Faltischek,…


Brimes: $400K (and 20 KW) from wave-energy history

By GREGORY ZELLER // A Hauppauge energy company riding the waves of a leading-edge clean-gen technology is closer than ever to a critical pilot project in the waters off the Philippines. But with a signed letter of intent from one of the Southeast Asian island country’s largest utility companies to provide up to $600,000 to the cause, Brimes Energy still needs about $400,000 in working capital to proceed with its ambitious plans. That’s the breakdown…


Innovations, advice abound in SBU’s 2017 Boot Camp

By GREGORY ZELLER // These boots are made for talking – and now, several enterprising innovators have a firmer grasp on what to say, and how to say it, when it’s time to commercialize the Next Big Thing. Eight “idea champions” with entrepreneurial aspirations have completed Stony Brook University’s 2017 Innovation Boot Camp, a commercialization crash course that might not carry ideas directly to the promised land, but does give those inventors – mostly science…


LIAN Chair Michael Faltischek

DEBRIEF: Michael Faltischek, LI Angel Network

As chairman of the board of the Long Island Angel Network – which has reviewed over 600 financing applications and brokered in excess of $5 million in investments – attorney Michael Faltischek is point man in the local effort to unite entrepreneurs and investors, a mission plainly focused on the Island’s future success and growth. He is earnest and good-humored about this mission, but be careful when you suggest the network has a “tech” focus….