Sixteen new companies have been added to the Start-Up NY program, with next-level technological endeavors once again setting the tone. Start-Up NY creates zones around colleges and universities where businesses…
Long Island was awarded $98.3 million in state aid for construction and other projects that boost job creation in the state’s annual economic development competition, making it one of the…
Stony Brook University on Friday officially launched the region’s Innovation Hot Spot program, a state initiative that offers tax breaks, mentoring, education and business development help for startup companies housed…
Roughly 630 acres across two Nassau County sites are among the statewide properties designated Thursday for Albany-supported revitalization opportunities. All told, Gov. Andrew Cuomo announced the designation of 11 new…
By GREGORY ZELLER // An MIT-centric network bringing maker spaces to the masses may soon spread to Long Island. Launched in 2001 by the Massachusetts Institute of Technology, the FabLabs…
Two Long Island pharmaceuticals companies will purchase a 92,000-square-foot Hauppauge building and add on another 50,000 square feet of storage space through a deal announced Thursday by the Suffolk County…
By GREGORY ZELLER // Gov. Andrew Cuomo has unleashed his favorite funding scheme – the “competitive process” – on New York State’s airports. The governor’s office announced this week that…
The nation’s largest composites consortium has signed a collaborative agreement with Plainview’s Composite Prototyping Center on Thursday in a deal that could be worth $250 million in contracts and grants. The…
By JOHN L. KOMINICKI // Calverton’s enterprise zone is near a deal with a Brooklyn aeronautical startup that plans to build giant, solar-powered aircraft that would fly high above commercial jet…
With Hurricane Joaquin positioning itself for a potential East Cost strike, Gov. Andrew Cuomo on Wednesday announced a new $20 million program to support eligible affordable-housing projects in areas ravaged…
With visions of a thriving innovation economy front and center, Long Island business and academic leaders are shooting for $105 million in commercialization funds through the annual Regional Economic Development Council…
Peconic Land Trust, a not for profit dedicated to conserving Long Island’s working farms and undeveloped land was awarded $1 million in state money to kick off an agricultural equipment…
Consider it a silver lining to some of Long Island’s darkest clouds. In what’s being proffered as a response to the historic flooding caused by Hurricane Sandy, $388 million in…
NY Comptroller Tom DiNapoli is keeping the heat on industrial development agencies around the state, this time with audits that suggest poor followups on approved projects in upstate Niagara, Tompkins and…
Gov. Andrew M. Cuomo took to the Huffington Post on Wednesday to extol what he called “irrefutable” evidence that Buffalo, Rochester and the rest of Upstate New York are on…