About LIHTI


THE PLACE WHERE NEW TECHNOLOGY BUSINESSES GROW

The Long Island High Technology Incubator (LIHTI) is a non-profit organization dedicated to helping new technologically-innovative companies grow by providing them with a variety of support resources and services.  Many of our services are through programs and centers reporting to the Vice President for Economic Development (http://www.stonybrook.edu/ecodev/).  The LIHTI is a 501(C)3 member corporation consisting of two member corporations: The Research Foundation of the State University of New York and the Stony Brook Foundation, Inc.  A Board of Directors is appointed to oversee LIHTI operations.  Since its opening in 1992, the Incubator has been associated with more than 70 businesses, and 44 companies have graduated successfully from the LIHTI program, contributing over $2.5B to the national economy and creating jobs for over 500 employees.

Our affiliation with the Stony Brook University makes LIHTI an ideal place for cutting-edge R&D.  Transferring technology and ideas from the University to the private sector has proven to be the single most important reason why the program has succeeded beyond anyone’s imagination.

In a National Benchmarking Survey of 79 high technology incubators in the United States, LIHTI was rated the #1 Mixed-Technology Incubator, #1 Best-In-Class: Sales Revenue Growth, and #5 Best-In-Class: Employment Growth (Incubating Technology Businesses – A National Benchmarking Survey 2003, by L. Tornatzky, H. Sherman, and D. Adkins, NBIA Publications, Research Series available through www.inbia.org)

 

Business Alliances

PAL software understands how crucial it is to be focused at the start up stage particularly with limited funding. At the same time it’s also critical to have a strong web presence. As a partner with LIHTI, we would like to offer a special website designing and hosting package for your company. For more details, please visit www.palsoftwares.com.