ARRESTING PERFORMANCE: Scientists analyzed five years of NFL draft data and discovered that the performance of players who had an arrest record but no charges was better than those without an arrest. And they cost less. http://bit.ly/1AfrTUz
TO THE MOON, PLANNERS: Suffolk Executive Steve Bellone opened a county economic summit yesterday by chiding officials on their “Ralph Kramden approach” to economic development. Thoughtful planning is a long, hard road that requires concerted strategies, not get-rich-quick styled solutions, he said to the crowd of 150. Example: Bellone’s Connect Long Island plan, which would add North-South rapid transit routes tied to improved LIRR service. Nothing quick about that one.
INVEST EARLY: Hofstra’s $100,000 CPXi business plan challenge is today, from 11:15 a.m. to 2 p.m. at the John Cranford Adams Playhouse. Campus map: http://bit.ly/1DAClWM
TEQ MATE: Teq, the Huntington-based educational software firm, is boosting staff by 40 after landing an international distribution deal. The firm needs sales people, product and marketing specialists, account managers and software developers, according to Teq President Chris Hickey. http://bit.ly/1QIGdiY
TGIW: A good Wednesday everyone, and welcome to new readers. Don’t forget to send tips, news, ideas, calendar items, releases, promotions, job postings, criticisms and corrections to editor@innovateli.com.
POURING IT ON: Green SulfCrete, the Melville startup with rights to a BNL-developed waterless, environmentally friendly concrete, is readying its roadshow to raise $5 million to build a proof-of-concept operation. The latest from Innovate LI’s Gregory Zeller: http://bit.ly/1zcBbFK
STEM PARTY: Long Island’s STEM Hub celebrates three years of advancing science, technology, engineering and math tomorrow. Innovate LI with more:http://bit.ly/1Kt2cGm
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QUOTE OF THE DAY: “Innovation is never a linear process. It’s always messy and often happens in random ways.” Google executive D’Asaro Biondo on his company’s attempt to make amends with European publishers. NYT Bits: http://nyti.ms/1Enusb3
CLEAN-GEN CONTEST: The state will kick off a $10 million competition for startup businesses that specialize in clean-energy products this fall. The hitch: You have to move to the Southern Tier. Gannett Albany: http://press.sn/1P5Act3
LIKE THIS? Please pass along a good thing to a friend or colleague. Forward this newsletter and encourage your crowd to sign up at: http://bit.ly/1CODdrM
SPACE TRAVELER: Stony Brook University’s business school teams with the Tesla Scince Center to host inventor – and civilian space traveler and Princeton cool-guy-in-residence – Greg Olsen for a talk on the joys of starting your own business. From Spaceship to Entrepreneurship is May 7 from 6 to 7:30 p.m. As of this writing there were 43 free tickets left. http://bit.ly/1J87Z30
POWER PARTNERSHIPS: NY power czar Richard Kauffman on how utilities will have to develop new kinds of business partnerships to expand the market for new energy ideas. Meaning they can’t afford it themselves. City & State: http://bit.ly/1bT6tat
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