Morgan Stanley

Innovation in the Age of Coronavirus

The COVID-19 pandemic and its evolving aftermath are reshaping the world around us, and myriad Long Island forces – large and small, corporate and nonprofit, industrial and academic – have risen to the challenge. Innovate Long Island presents Innovation in the Age of Coronavirus as a real-time journal of this region’s resourceful response to the greatest global challenge since World War II. Stay healthy, dear readers.     Cuomo: Bulging ‘travel advisory’ a concern for…


New York Forward widens field for small-biz loans

By GREGORY ZELLER // Gut-punched small businesses on Long Island and across New York State just caught a break from the Empire State Development Corp. Albany’s main economic engine announced Thursday that statewide small businesses that received earlier assistance through the U.S. Small Business Administration’s Paycheck Protection Program are now eligible to receive low-interest working-capital loans through the New York Forward Loan Fund. When the $100 million NYFLF launched in May, it was meant as…


Fellow in the fold, Hofstra entrepreneurs look west

By GREGORY ZELLER // From the Bring the Mountain to Mohammed File comes the Hofstra University Center for Entrepreneurship, which is bringing a little Silicon Valley to Hempstead. And vice-versa, with a class of Frank G. Zarb School of Business students slated to jet west later this semester for a pilgrimage to the famed California tech mecca. But first, the center is generating a little Silicon Valley vibe at home with the naming of its…


State awards $175M in clean-gen projects

Albany awarded $175 million on Wednesday for five large-scale clean energy projects that are designed to reduce greenhouse gas emissions while decreasing the state’s reliance on fossil fuels. Sorry, none are on Long Island. Once operational, the projects will add about 116 megawatts of new renewable capacity, or enough energy to supply over 54,000 average-sized homes per year. Thee projects, ordered by size, are: Ball Hill Wind Farm, Western New York: RES America Developments will build a 100 MW wind…