Wells Fargo

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…


On Long Island, innovation never takes a holiday

By GREGORY ZELLER // As holidays are wont to do, Thanksgiving brings out the best in people – and Long Island has no shortage of can collections, stuff-a-bus campaigns and other holiday-themed charity drives. In addition to their regular assortment of collections and programs, the region’s largest anti-hunger agencies really cook this time of year. Last week, Bethpage-based Island Harvest Food Bank completed its 11th annual Turkey Drive, centerpiece of its master plan to provide…


ThermoLift added to WF Innovation Incubator

Stony Brook clean-energy startup ThermoLift has been added to Wells Fargo’s Innovation Incubator, a five-year, $10 million program designed to help accelerate next-gen environmental technologies. ThermoLift will receive up to $250,000 in cash and in-kind technical consultation to help speed clean technologies for commercial buildings to marrket. Launched in 2014, the Innovation Incubator — or IN2 — is funded by the Wells Fargo Foundation and co-administered by the U.S. Department of Energy’s National Renewable Energy Laboratory. ThermoLift, a…