I/VC  Accelerate Long Island

http://www.accelerateli.org





     Office Locations:

300 Broadhollow Rd, Suite 110W
Melville, NY 11747
Phone: 631-493-3024

 

Stages:

  • Early
  • Seed


 

Industries:

  • Energy & Clean Tech
  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    Accelerate Long Island was founded in 2011 to foster the development of an innovation-based economy on Long Island. Accelerate Long Island seeks to invest in start-up companies in three sectors: Information Technology, Biotech/life sciences, and Energy. Accelerate Long Island received a $500,000 grant to start a seed fund that invests up to $50,000 in early stage companies in the form of grants. This is matched by $500,000 from the Long Island Emerging Technologies Fund, a partnership of venture capitalists. Accelerate Assist is a free mentorship program for early stage high-tech startup companies. Accelerate Assist pairs startups with an entrepreneur-in-residence to develop a set of milestones for the company over a three to sixth month period. Completion of the Accelerate Assist program may result in an opportunity to pitch to the Accelerate Long Island Seed Fund or connections with other early stage funding sources.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or New York Database subscription.
    Michelle Byrne Director of Finance
    Nancy Rauch Douzinas Board
    Peter Donnelly Managing Director of ALI

     

    Portfolio companies include:

     

    Recent News: