Economic Development Programs
The Long Island Association (LIA) acts as both an advocate and information clearinghouse to the region's businesses–connecting companies to the wealth of resources within the LIA and to economic development opportunities available throughout Nassau and Suffolk Counties as well as New York State and the Federal government.
Kevin S. Law, President, Long Island Association and Stuart Rabinowitz, President, Hofstra University are the co-vice chairs of the Long Island Regional Economic Development Council. The Long Island Regional Economic Development Council's vision for long-term economic growth is characterized by increased collaboration among academia, the private and public sectors and labor to protect and grow our advanced manufacturing base while encouraging innovation in the life sciences, information technology, clean energy, defense and homeland security industry clusters.
As the leading business organization on Long Island, the LIA brings Long Island together and tries to get our region to speak with one voice. Last year's establishment of the Long Island Business Collaborative with all the major regional business groups and the Long Island Industrial Development Agency Collaborative brought all the IDAs and economic development agencies together to promote our region and work cooperatively.
The members of the Long Island Business Collaborative include:
- The Association for a Better Long Island
- Nassau Council of Chambers of Commerce
- Long Island Metro Business Action
- Long Island Contractors' Association
- Long Island Builders Institute
- Long Island Forum For Technology
- Long Island Software & Technology Network
- Long Island Board of Realtors
- Hauppauge Industrial Association
- CIBS (Commercial and Industrial Building Society)
The members of the Long Island Industrial Development Agency Collaborative include:
- Empire State Development
- Nassau County IDA
- Suffolk County IDA
- The Town of Brookhaven IDA
- The Town of Islip IDA
- The Town of Babylon IDA
- The Town of Riverhead IDA
- The City of Glen Cove Community Development Agency
- The Long Island Development Corporation
- New York Business Development Corporation
Accelerate Long Island is an unprecedented regional collaboration among the major academic and research organizations on Long Island to accelerate the formation of an innovation-based economy. Accelerate Long Island's mission is to promote the creation of start-up companies in three industry clusters: Information Technology, Life Sciences/Biotech, and Energy; to accelerate the creation of an entrepreneurial ecosystem; and to promote the region as a place where start-up companies can be successful. Accelerate Long Island works to commercialize the groundbreaking research being conducted by its member institutions.
The U.S. Small Business Administration (SBA) is as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.
The Commerce Department's mission is to help make American businesses more innovative at home and more competitive abroad. Comprised of 12 different agencies responsible for everything from weather forecasts to patent protection, the Commerce Department touches the lives of Americans every day.
The mission of Empire State Development (ESD) is to promote business investment and growth that leads to job creation and prosperous communities across New York State. Empire State Development is New York State's primary agent for economic development, dedicated to making New York the most compelling place in which to live, work and do business.
Welcome to the new New York, with a whole new approach to business. This is New York, home of the new and the never been done. Welcome to a billion dollar infrastructure plan that's creating new bridges, roads, and parks, and investing in energy super highways. Welcome to new tax cuts and programs for thousands of businesses. And, welcome to the lowest tax rate for the middle class in 58 years. There's never been a better time to try something new. Welcome to a new New York State, where once again, we're leading the way.
The Nassau County Industrial Development Agency (IDA) consists of a team of professionals whose mission is to promote the economic welfare and prosperity of Nassau County.
The purpose of the Suffolk County Industrial Agency is to promote economic development in Suffolk County by assisting in the "acquiring, constructing, reconstructing and equipping of manufacturing, warehousing, research, civic, commercial or industrial projects."