The Debrief

Debrief: Michael Chiang, mic’d up at Stony Brook SBDC

  Michael Chiang didn’t set out to be an entrepreneur. But firsthand exposure to Baruch College professors who were also successful entrepreneurs changed his mind (and his major), instilling a desire to “create something that impacts the lives of many people.” Flash forward: The Long Island native, Baruch grad (BBA, entrepreneurship, business law and mathematics) and Kickstarter success story has done that, as the creative force behind FitBark, MatchPuppy and other commercial successes, (including his…

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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,…


Debrief: Bill Lindsay III is on a manufacturing mission

Lack of skilled workers and overregulation are among the issues undercutting Long Island manufacturers. And they’re in the crosshairs of the Long Island Manufacturing Task Force, unanimously approved this month by the Suffolk County Legislature. Legislator William Lindsay III (D-Bohemia), who introduced the task force bill, will chair the pro-production panel, formed in response to 8,000-plus job openings at Long Island factories (as counted by the Long Island chapter of the Workforce Development Institute) and…


Debrief: Feinstein’s busy Bouton strengthens his grip

It’s been a busy two years since Chad Bouton left independent R&D giant Battelle and hitched his wagon to the Feinstein Center for Medical Research, joining forces with bioelectronics pioneer and Feinstein Center honcho Kevin Tracey. But perhaps no stretch has been busier than this last month, in which the director of Feinstein’s Center for Bioelectronic Medicine earned the top prize in Northwell Health’s Innovation Challenge (with his NeuroGuard device) and headlined a TEDxHofstraUniversity event…


Debrief: Ken White eyes tomorrow’s workforce, today

When last we chatted up Ken White, the manager of Brookhaven National Laboratory’s Office of Educational Programs was jazzed about the progress the then-three-year-old Long Island STEM Hub was making on its mission to educate a high-tech next-gen workforce. Launched in 2012 as part of the community-driven Empire State STEM Learning Network, the science/technology/engineering/mathematics program – managed by BNL and the Northwell Health system – has hit its stride in the last two years, according…


Debrief: Developing, economically, with Regina Zara

Nice numbers from “Report on Effectiveness of Suffolk County IDA,” a 40-page Industrial Development Agency report card prepared by Suffolk’s Department of Economic Development and Planning: Between 2012 and 2016, the IDA granted $89.8 million in sales-tax exemptions on equipment purchases, plus similar breaks on mortgage and property taxes, to 86 projects, which have collectively generated $775 million in regional economic activity ($212 million spent on goods and services from 2,500 Long Island companies in…


Debrief: Happy landings with Daniel Preston

With the fate of Riverhead Town’s Enterprise Park at Calverton still very much in the air, Daniel Preston would like to throttle things back a bit. Half-truths and wild speculation have been part of the EPCAL story since Grumman pulled out a quarter-century ago, and CEO Preston’s Luminati Aerospace LLC, which is looking to purchase the storied property for $40 million and revive Long Island’s dormant aerospace industry, has not been spared: It’s already parted…