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Long Island Capital Alliance Showcases Consumer Products Companies at Capital Forum

August 19, 2014 1:59 PM | Deleted user


Save the Date: Health Care Capital Forum on November 7, 2014

Melville, NY –  August 4, 2014 The Long Island Capital Alliance (“LICA”), the leading non-profit capital formation and business development organization serving regional companies, today announced the successful completion of its Consumer Products Capital Forum held on Thursday, July 24, 2014.  The event provided an opportunity to bring together capital providers, entrepreneurs, industry executives and businesses seeking capital, as well as to hear a panel of industry experts discuss financing alternatives for consumer products businesses on Long Island which was moderated by LICA President and Board Member Corey Massella. 

Five local consumer products companies presented their business plans to investors, including attendees from venture capital firms, early stage investors, investment banks, private equity firms, angel and other individual investors.  Each of the companies LICA selected for presentation at the capital forum possesses unique consumer and brand appeal with catalysts for significant growth which will be attractive to investors.

“We are pleased to have showcased a strong group of companies for Long Island Capital Alliance’s second annual Consumer Products Capital Forum,” said Neil Kaufman, Chairman of LICA.  “Although held during the summer when attendance is typically reduced, we are pleased to continue to exceed our target attendance expectations.  This proves that our highly selective process for identifying attractive, growth-oriented businesses based in our region is attracting an audience.”

“I enjoyed speaking to an interesting and engaging audience. A lot of people came up to talk to me afterwards with suggestions for follow up and ideas for business development in ways I hadn’t expected. I'd like to express my appreciation to Neil Kaufman for his valuable preparatory comments on my PowerPoint presentation,” said Dr. Daniel Farb, CEO and presenter for Flower Turbines.

“As a presenting company at the July 24th LICA event, we found the process well worth the time and the people involved wonderful to work with. Each aspect, including the preparation process and the event, was well organized and provided useful feedback and advice. The panel of experts and the moderator Corey Massella provided specific direction that has already helped the company,” said Ellie Whalen, Founder/CEO and presenter for Sprayology.

“I found each of the companies to be interesting in its own way. I liked the fact that the companies were each in different industry subsectors. The panel was helpful with its incisive questioning and perceptive opinions. The panel provided the managements with suggestions for making their respective presentations clearer and more effective,” commented Harris Berenholz, a panelist and portfolio manager with Carpe Diem Advisors.

“A quality event.  Very well organized and very well run.  The panel and attendees were professional and knowledgeable and the feedback was helpful,” noted Bill Maier, CEO of Digital Impact Group.

Consumer Products Capital Forum Presenting Companies

The following companies made presentations at the Long Island Capital Forum:

Admiral Tech:  SpaceMaker Outdoor Flooring extends your outdoor lifestyle by creating dry living areas and useful storage zones while protecting your foundation from water damage.

Digital Beverages:  Digital Beverages’ revolutionary and eco-friendly product, MyFountain, is a digitally controlled beverage dispensing machine which allows users to create their own personal beverages and with one touch, dispensable at work, at home or commercially.  

Digital Impact Group:  Digital Impact Group creates, produces and distributes digital content for all forms of media and specializes in seamlessly integrating branding and products with digital content to create “media brands.”

Flower Turbines Flower Turbines has unique aerodynamic designs for small vertical axis wind turbines with advantages that facilitate mass production, a mass sales model and a growth model similar to solar.

Sprayology:  Sprayology is a unique and modern health & wellness brand that develops and markets a broad range of FDA-regulated homeopathic & vitamin oral sprays.  

Consumer Products Capital Forum Panel of Industry Investors

The following investment professionals participated in the panel discussion at the Long Island Capital Forum:

Harris Berenholz, Carpe Diem Advisors LLC:  Mr. Berenholz is the founder of investment management firm Carpe Diem Advisors LLC. Mr. Harris's career spans over 35 years on both the buy-side and sell-side, with significant experience in the consumer product and retail sectors. In addition to making investments in small public and private companies, Carpe Diem provides and markets investment ideas, research and analytical services primarily to independent investment managers, hedge fund managers and family offices. 

Michael Felman, MSF Capital Advisors:  Michael Felman is President and CEO of MSF Capital Advisors, a global multi-family office/merchant bank. His firm represents family offices and high net worth individuals in their investing activities.    

Mark I. Lev, Aracle Capital:  Mr. Lev is Co-Founder and Managing Director of Aracle Capital and has raised capital for emerging growth companies for over 30 years.

Steve Warsaw, Miller Tabak:  Mr. Warsaw oversees the firm's investment banking efforts and has nearly 15 years of investment banking, private equity and corporate finance experience, concentrating in consumer products and retail businesses.

Next LICA Capital Forum

 LICA is hosting a Health Care Companies Capital Forum on Friday, November 7, 2014 from 8:00 a.m. to 10:45 a.m. at 68 South Service Road, Melville, NY.  The capital forum provides an opportunity to meet capital providers, entrepreneurs, industry executives and businesses seeking capital, as well as to hear a panel of industry experts discuss financing alternatives for health care companies from the Long Island and surrounding region.

For more information about the event, please contact LICA today or register online.

About the Long Island Capital Alliance

Since 1984, the Long Island Capital Alliance (, formerly known as Long Island Venture Group, has been promoting business growth on Long Island.  LICA seeks to create a productive and business-friendly environment that will afford area businesses access to the resources necessary to compete successfully in today’s markets.  LICA serves as a focal point for the exchange of ideas among new and existing business enterprises, successful entrepreneurs, investors, and service providers.  Through quarterly capital forums and special meetings, LICA brings together members of the region’s business community, and has been recognized as the place to turn to when small businesses need equity, debt, or other financing, or for investors to find an attractive investment opportunity.

LICA’s mission is to encourage economic development on Long Island by facilitating capital formation for a broad range of companies in various industries, from early stage to mature, middle market, closely held and publicly-traded businesses.  LICA accomplishes this primarily through education, networking, quarterly capital forums, periodic special educational meetings, and alliances with other regional organizations.  LICA brings together members of the region's business community and serves as the finance arm for significant local business and organizations.

For more information on LICA and its next event, please contact LICA today or register online.

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Jordan Darrow

Darrow Associates, Inc.

(631) 367-1866

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