Building a better economy, one tiny house at a time
By GREGORY ZELLER // Education and industry are once again joining forces, this time to ensure Long Island has the workforce it needs to capitalize on a burgeoning national industry….
Economic Development
Suffolk IDA tax deal backs longtime label-maker
A decade-long tax-incentives package will allow a longtime Farmingdale-based label-maker to grow its Long Island operation. The Suffolk County Industrial Development Agency on Tuesday approved a 10-year, $332,000 package filled with tax abatements…
Albany backs Island downtown-rehab efforts
Three Long Island downtown-restoration projects were among 75 statewide rehabilitation efforts earning state funds Thursday through Albany’s Restore New York Communities initiative. All told, project manager Empire State Development –…
The end is nigh for sputtering Start-Up NY
By GREGORY ZELLER // While several components of Gov. Andrew Cuomo’s proposed FY2018 budget will probably meet resistance in Albany’s corridors of power, at least one is likely to sail…
LI rainmakers applaud Albany’s life-science focus
By GREGORY ZELLER // A day before sharing his 2017 social and economic vision for Long Island, Gov. Andrew Cuomo offered some music for the Island’s ears. Cuomo, who on…
Suffolk IDA approves RPA spending
Suffolk County’s Industrial Development Agency has re-upped its consulting agreement with the NYC-based Regional Plan Association, experts at redeveloping downtowns and creating next-gen housing and transportation hubs. The IDA approved…
Center for Biotechnology answers feds’ ‘Challenge’
A $500,000 U.S. Department of Commerce “challenge award” for the Center for Biotechnology at Stony Brook University is part of a $15 million round of federal economic-growth stipends – including…
LIREDC can’t win ’em all, but finds solace in $62M
By GREGORY ZELLER // While $62 million is nothing to sneeze at, it’s fair to say the Long Island Regional Economic Development Council was hoping for more. The LIREDC –…
LICA sets flashy lineup for Healthcare Forum
By GREGORY ZELLER // The Long Island Capital Alliance has announced a high-profile roster of presenters and panelists for its Dec. 9 Healthcare Capital Forum. The event – one of…
LI Bioscience Hub backs 10 in new funding round
By GREGORY ZELLER // A fresh batch of commercially promising biomedical innovations has been funded by the Long Island Bioscience Hub. The LIBH’s third round of grant awards – bestowed…
Schumer: Biz-development funds big deal for SBU
By GREGORY ZELLER // New York’s two U.S. Senators, including the freshly minted Senate minority leader, are heralding a series of competitive U.S. Department of Commerce grants that will fund…
Start-Up NY adds 39, including two LI companies
By GREGORY ZELLER // Thirty-nine early-stage companies, including two on Long Island, have been welcomed into the Start-Up NY program. The companies will either launch in or relocate to “tax-free…
One and done for IDP Consulting, Suffolk IDA
By GREGORY ZELLER // It’s a win for Suffolk and a loss for Nassau, though ultimately, Long Island comes out ahead. The Suffolk County Industrial Development Agency on Thursday approved…
LIREDC 2016: Synthetic leather, wings and prayers
By GREGORY ZELLER // With a string of annual victories under its belt, the Long Island Regional Economic Development Council is shooting for the moon, once again. This week, the…
Hofstra, NYIT join Start-Up NY family
By GREGORY ZELLER // It’s the startup of something big at Hofstra University and the New York Institute of Technology’s Old Westbury campus, which have both been added to the…