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- EIN 80-0775764
- (631) 493-3000
- 300 Broadhollow Rd Ste 110w Melville NY 11747-4840 USA
- www.accelerateli.org
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Nonprofit Overview
Causes: Community Improvement & Capacity Building
Mission: Accelerate long island inc. (the "organization") is a unique collaboration among long island's world class research institutions and its business community to commercialize research and create an entrepreneurial ecosystem.
Programs: Accelerate funding - accelerate long island has a $500,000 seed fund that invests up to $50,000 in early stage high-tech startup companies in the form of grants. These investments are matched by the long island emerging technologies fund, a $500,000 seed fund comprised of topspin partners and jove equity partners. Accelerate long island also has developed relationships with long island and new york city funding sources to help bridge the gap of early stage capital for high-tech startup companies.
accelerate assist - accelerate long island provides free mentorship to high-tech startup companies through accelerate assist. Accelerate long island also operated an academic internship program for college undergraduate and graudate students and post doctoral researchers, providing experiential learning opportunities for students placed with startup companies. Interns work directly with high-tech startups on business-related tasks and participate in an entrepreneurship speaker series organized by accelerate long island.
accelerate ecosystem -accelerate long island has organized a series of networking and instructional events for high-tech startup entrepreneurs, including bioceo dinners for biotech startup ceos and ideacamps for information technology ceos, to develop long island's entrepreneurial ecosystem.