Record $42.5M bid wins LI wind-farm lease
By GREGORY ZELLER // The U.S. subsidiary of a Norwegian energy company has placed a record $42 million bid to win the lease rights to build a wind farm 11…
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LI businesses charged up by low-cost juice
The New York Power Authority has approved another round of low-cost power allocations through the ReCharge NY program, with Long Island companies reaping the lion’s share of this round’s benefits….
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…
Battling European auto thefts, and the bottom line
By GREGORY ZELLER // Holiday gift guide update: The once-mighty “Grand Theft Auto” videogame series no longer cracks most-wanted lists on the top gaming consoles. Newsflash: The real thing has…
Spotlighting ‘dark data,’ and other IT inefficiencies
By GREGORY ZELLER // A Stony Brook tech firm with a hard-science history is tracking data’s “unknown unknowns,” helping enterprise administrators control complex and rapidly changing IT environments. ModelizeIT, a…
Patents, possibilities piling up at Energystics
By GREGORY ZELLER // Don’t call Reed Phillips a patent collector. Yes, he and his Stony Brook-based startup Energystics Ltd. – specifically, its trademarked Vibristor technology – are earning U.S….
Saelens retires, and SBU does the MEP shuffle
By GREGORY ZELLER // The man tapped to manage a $5 million regional manufacturing program is out, less than a year into the five-year state award. Jeffrey Saelens, executive director…
LIREDC takes victory lap around Adelphi’s Nexus
The Long Island Regional Development Council brought home “only” $62 million in state economic-development funds in the 2016 REDC competition, but it can lick its wounds while watching its six-year,…
With $650M bet, Cuomo all-in on life sciences
By GREGORY ZELLER // New York has launched a “groundbreaking” $650 million initiative to support life-science industries across the state. The initiative, announced Monday, will offer investment capital, operating support…
With new sinks and showers, SBU goes low-flow
By GREGORY ZELLER // In an earth-friendly effort of Seinfeldian proportions, Stony Brook University has gone low-flow. The university, in partnership with National Grid, has installed new aerators, shower heads…
Savvy Hires, Northwell building autism ‘pipeline’
By GREGORY ZELLER // A startup recruiting firm with modernized methods for matching talent and opportunity has made significant headway on a potentially enormous – and socially conscious – vertical….
FYI Mobileware remakes trendsetting finance app
A Stony Brook-based software startup has redesigned and re-launched one of the most popular – and, literally, one of the first – mobile apps for iOS devices. FYI Mobileware Inc.,…
Huge gifts take cancer fight to tiniest levels
Consecutive gifts by philanthropists Kavita and Lalit Bahl totaling $13.75 million will fund a new Stony Brook Medicine center dedicated to understanding cancer on the most complex cellular levels. The…
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 –…
Environmental leaders annihilate Trump’s EPA pick
By GREGORY ZELLER // While several of President-elect Donald Trump’s cabinet-level nominations have dismayed and even angered socioeconomic observers of all political stripes, one in particular is sounding alarms at…