Mark Lesko

Hofstra names 6 residents in entrepreneurship

Six accomplished businesspeople with dozens of startups under their combined belts, and a wealth of experience nurturing other early-stage enterprises, will bring their wisdom to the Hofstra University Center for Entrepreneurship this spring. The center’s first-ever entrepreneurs-in-residence – Aaron Foss, Kevin Hesselbirg, Peter Kestenbaum, Jeff Leventhal, Mike Quilty and Barbara Roberts – will mentor students through interactive workshops designed to help the next generation of entrepreneurs turn ideas into successful business ventures. Mark Lesko, former…


DepYmed wins Accelerate funding

By Gregory Zeller // A Cold Spring Harbor biotech startup is the 10th and final recipient in the first co-funding round backed by Accelerate Long Island and the Long Island Emerging Technologies Fund. DepYmed, a joint venture of Cold Spring Harbor Laboratory and New York City-based biotech giant Ohr Pharmaceutical, will receive the 10th matching investment, with $50,000 coming from the regional business booster and $50,000 from the LIETF, a venture vehicle powered by Setauket…


Hofstra revamps its student pitch program

The CPXi Challenge has returned to Hofstra University – slightly tweaked, in hopes of involving and inspiring a greater number of innovative thinkers. Hofstra graduate and trustee Mike Seiman, founder and CEO of New York City-based digital media company CPXi, has once again ponied up $100,000 in prize money for the annual challenge. But this year, instead of one contest with a $50,000 grand prize and chunky five-digit runner-up awards, the challenge will be broken…


Women-focused pitch program at Hofstra

Hofstra’s Center for Entrepreneurship has been selected as the local host of the national InnovateHER Competition, a business plan pitch-off inviting entrepreneurs to showcase products and services with “a measurable impact on women and families,” real commercialization potential and a definable marketplace need. The virtual competition – there’s no actual event date – will be judged by three members of the Hofstra faculty: Elizabeth Venuti, senior associate dean of the Frank G. Zarb School of…


Lesko, Brofman and cash prizes at Molloy pitch event

The popularity of the ABC’s Shark Tank has spawned a number of imitations, including flattery from LaunchPad, NYIT and Stony Brook University. The latest, organized by a Molloy student, will pit students from the Rockville Centre college against budding entrepreneurs from other Island schools on Nov. 17 at Molloy’s Madison Theatre. The prizes are relatively moderate – $1,000 total split among the top three pitchers, with first taking the $500 lion’s share – but the…


The Debrief: Noel Goddard, doyenne of detection

No, she’s not related to rocketing pioneer Robert Goddard. Besides a surname, she has nothing in common with former OSI Pharmaceuticals CEO Colin Goddard (though she’s a fan). And her company is not the biz-tech support firm Goddard Labs of Oregon, another common mistake. But as chief executive of Calverton-based biotech enterprise Goddard Labs – where novel molecular diagnostics set the tone – Noel Goddard takes a scientific back seat to no one, and enjoys…


Lesko tapped to head Hofstra entrepreneur center

By GREGORY ZELLER // Accelerate Long Island director Mark Lesko has been named executive dean of Hofstra University’s new Center for Entrepreneurship, a multi-disciplinary program that plans to leverage entrepreneurial activities at the university’s business, law, medicine and engineering schools. Lesko, who is stepping down as Accelerate’s top executive but will continue to work for the organization in a consulting role, starts at Hofstra Oct. 1. The university said Lesko, a former federal prosecutor and onetime…


Checking in on LI’s post-doctoral promise

By GREGORY ZELLER // When Accelerate Long Island chief Mark Lesko takes the stage Friday at Cold Spring Harbor Laboratory’s annual Postdoc Retreat – as part of a panel on regional startup opportunities – he’ll pack a portfolio brimming with evidence of the Island’s entrepreneurial health. He’ll also bear glad tidings for the future of what he considers LI’s “dynamic entrepreneurial environment.” Accelerate, a commercialization catalyst bridging ideas and investments, has now staked nine early-stage…


Symbiotoc Health CEO Gerard Honig

Symbiotic Health gets $100K in funding

By GREGORY ZELLER // A spinoff of the Feinstein Institute for Medical Research has snagged a critical $100,000 stake from Accelerate Long Island and the Long Island Emerging Technologies Fund – good news for anyone suffering from the most prevalent hospital-based infection in the United States. Symbiotic Health, which does battle against the insidious Clostridium difficile infection, announced today that Accelerate Long Island has matched the $50,000 investment the LIETF fund made in June –…


Triglia Technologies is lumbering into the future

By GREGORY ZELLER // Its focus – drying wood – isn’t sexy. Its fundraising – while promising – is so far nonexistent. Its patents are pending and its commercialization strategy is the definition of deliberate, what its CEO calls a “realistic pathway into the marketplace.” But for everything it’s not yet, Triglia Technologies is a textbook case of how to win customers and influence investors, and one of Long Island’s best examples of diligence and…


ALI director Mark lesko

The Debrief: Mark Lesko, Accelerate Long Island

Three-year-old Accelerate Long Island has been quietly investing in biotech and clean-gen startups, building an MIT-styled mentoring program and pulling together the stray ends of the entrepreneurial ecosystem via dinners, bootcamps and other forms of meetups. So far so good, but now what? We check in with executive director Mark Lesko for a recap and a few hints on what’s coming. In his words: WAY BEYOND ADVOCACY: Accelerate Long Island is principally a seed fund…