No. 180: Fake snow, real Nutella and setting the tone for 2017

Worth the trip to Penn Station.

Happy Festivus: Today’s also Hanukkah eve and the day before the day before Christmas. However you’re celebrating, here’s wishing the magic and joy of the holiday season reaches far into your new year.

The Innovate staff is taking time off to be with family and friends, so no newsletter on Monday. (Which, if you need more celebrating, is the start of the 50th Kwanzaa.)

Wrapping up the year: Feinstein Institute researchers have put a bow on an impressive 2016 with a new paper updating progress on the nerve-stimulation front.

The study, authored by investigator Patricio Huerta and published in Feinstein’s own peer-reviewed Bioelectronic Medicine, confirms two long-held theories: Cytokines – tiny proteins with big immune system effects – play critical roles in bioelectronic medicine, and that bioelectronics pioneer Kevin Tracey is a steely eyed genius.

Similarly: 2016 was a good one for Traverse Biosciences. And not just because pets get plaque.

Color me oxygenated: Pantone, the color standardization system invented by Hofstra alum Lawrence Herbert, has selected the color of the year for 2017. It’s bright green with a dash of yellow, No. 15-0343 on your Pantone Color Bridge guide and also referred to as Greenery.

The company said the color evokes the first days of spring, when nature revives, restores and renews, encouraging us all to “take a deep breath, oxygenate and reinvigorate.”

(Fresh year, fresh president, fresh hell, etc.)

And since you’re wondering, that’s Lawrence’s name on Hofstra’s school of communication. He also dug deep to help fund the presidential debate there. (You see the green theme here.)

Missed a newsletter? Many, many, many of them are archived here.

IDA sticks with RPA: Suffolk County’s Industrial Development Agency has re-upped its consulting agreement with the NYC-based Regional Plan Association, experts at redeveloping downtowns, planning next-gen housing and creating transportation hubs.

On the move: John Kanas steps down as CEO of BankUnited at the end of the year, although he’ll keep the chairman’s reins for now. COO Rajinder P. Singh moves up. Wilbur Ross, with whom Kanas acquired the failed Florida bank from federal regulators, heads to Washington as Commerce Secretary on Jan. 21.

Speaking of the new administration: There’s word that a prominent member of the old – Vice President Joe Biden – will sit out the next four years in an endowed Ivy League chair.

Better wait: Syosset Hospital has redone the lobby, including “hi-tech” furniture and a new coffee shop.

Hot competition: The state is offering up to $150,000 to New York colleges and universities involved in green energy programs for their campuses.

Granted: Stony Brook University has received $400,000 to boost minority representation in the geosciences.

Exiting: Patty Acampora, a longtime member of the state Public Service Commission – she’s originally a Pataki appointee – is stepping down in February, leaving the five-member panel with a bare quorum of three, Politico reports.

Not related: Patricia Colgan has joined SilvermanAcampora as a partner and chair of trusts and estates.

A thought: It’s tough to wish good will to all when you’re hungry. We can help here.


+ The Innovator of the Year awards are March 21, at 8 a.m., Crest Hollow Country Club, winners names coming right after the holidays. An amazing group.

+ The Small Business Innovation Research and Small Business Technology Transfer programs – yes, that’s what SBIR and STTR stand for – award more than $2.6 billion in high-risk, non-diluting R&D funding annually to qualified small businesses. You could get some.

But best to first attend the Center for Biotechnology’s two-day seminar on how to apply, this one for companies with a National Institutes of Health focus. Jan. 18, 8:30 a.m. to 4:30 p.m. and Jan. 19, 8:30 a.m. to 1 p.m. at the High Tech Incubator at Stony Brook University, $60, registration a must, but easily accomplished here.

+ AVZ business outlook breakfast, unveiling the firm’s latest economic survey, Jan. 5, 8 to 10 a.m., Crest Hollow, $40 and up.

+ Tech Together with LISTnet and Innovate, Jan. 10, Jewel, 5 p.m. onwards. Free apps but BYOB. Let us know you’re coming.

+ NYIT and LICA team up for a session on financing your startup and ensuring cash flow. Jan. 12, 5:30 to 8 p.m., NYIT’s Entrepreneurship and Technology Innovation Center, Old Westbury campus, $10 for friends and faculty, $15 for the unwashed, networking, register here.

+ Long Island Tech Jam featuring musical artists Blue Movie, 5:30 to 8:30 p.m., Digital Ballpark in Plainview, free but register.

+ Tourism chief Kristen Jarnagin speaks at the next Women Economic Developers of LI meetup, Jan. 12, 8 to 10 a.m., the Woodlands, $25 for members, $35 for the hoi polloi, register here.

A few words from our sponsor: Carter, DeLuca, Farrell & Schmidt is Long Island’s premier patent and IP law firm, with rich experience in biotechnology, chemistry, electrical, computer software, mechanical, optical, physics and more. Please visit

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Wrist action: Wearables, sales of which fell to earth in 2016, could have a big next year.

A borrower be: Tesla Motors added almost $500 million in borrowing capacity through amended agreements with lenders as the electric-car maker gears up for expanded production and integrating its $2 billion SolarCity acquisition.

Wheel deals: GM is looking for early stage investments via 500 Startups.

Please write: Send tips, news, story ideas, calendar items, releases, promotions, job openings, birthdays, congratulations, criticisms and corrections to

Worth the trip: Krispy Kreme is marketing a donut topped with Nutella.

Attention Florence Foster Jenkins: Northport Chorale needs all voices for its spring concert. Contact Debi at 631-223-3789.

You get the drift: A history of filmdom’s fake snow, from cotton to painted corn flakes to asbestos chips. (Sorry about that last one, Dorothy.)

Might we say: There’s really no such thing as “free” news. Please support great firms like Carter DeLuca Farrell & Schmidt.

Did we mention liking us on Facebook? LinkedIn? Twitter?

And how about that sponsorship thing? Your firm could be winning envious glances and new customers right now. Nutella donuts for all new sponsors in 2017.

Compiled by John Kominicki. Thanks for reading.