Melville, NY – January 13, 2016 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the keynote speaker, presenting companies, investor panelists and remaining agenda for its Healthcare Capital Forum to be held on Friday, January 22, 2016. The capital forum will feature presentations by companies which have connections to the Long Island region and are building business around innovative medical device and process technologies that improve diagnostic and therapeutic efficacy, enhance patient comfort and reduce healthcare costs.
At the capital forum, five healthcare companies will present to an audience that will include venture capital firms, investment banks, private equity firms, and angel and high net worth investors. Each of the companies selected by LICA for presentation at the capital forum possesses unique medical innovations and intellectual properties with catalysts for growth. A panel of healthcare investment professionals will be on hand to review the presentations, offer their insights on the presenters’ commercial viability and prospects for market success and provide expert commentary on investment conditions in the healthcare industry.
Healthcare Capital Forum on January 22, 2016 -- Participants
Keynote Speaker
David Calone, President & CEO, Jove Equity Partners: David L. Calone is the President and CEO of Jove Equity Partners, LLC, a private equity and venture capital firm which invests in the internet, software, digital media, real estate and health care industries. He created the LI Emerging Technologies Fund to help launch new technology companies that start in local research laboratories. Mr. Calone is also chairman of the Suffolk County Planning Commission. He is an honors graduate of Harvard Law School and has an economics degree from Princeton University. He is a candidate for Congress in the 1st District of New York.
Panel of Investors:
The following investment professionals will participate in the investor panel at the Healthcare Capital Forum:
David Weild IV, CEO, Weild & Co: Mr. Weild is the founder and Chairman and Chief Executive Officer of Weild & Co., a technology-driven capital facilitation platform and of its broker-dealer subsidiary. Mr. Weild is a recognized expert on capital formation and capital markets. He has co-authored a number of definitive white papers, studies and articles which have been cited by legislators, regulators, academics, the IPO Task Force, the Equity Capital Formation Task Force and the White House Jobs Council and is widely considered to be the father of the JOBS Act, which has rejuvenated the micro-cap public market.
He also has served as:
Lishan Aklog, M.D., Chairman & CEO, PavMed: Dr. Aklog has been recognized for his distinguished career as an academic cardiac surgeon and innovator as a medical device entrepreneur. He is Co-Managing Partner of HCFP, a financial advisory and investment firm and a co-founding Partner of Pavilion Holdings Group (PHG) , a medical device holding company and Pavilion Medical Innovations, a venture-backed medical device incubator. Dr. Aklog has been recognized as one of America's Top Doctors in the Castle Connolly Guide. Dr. Aklog received his M.D., cum laude, from Harvard Medical School.
Dr. Aklog previously served as:
Joshua R. Lamstein, Partner, KEC Ventures: Mr. Lamstein has broad experience in private equity, venture capital, and investing in and managing early stage ventures, including the public healthcare market. Mr. Lamstein is a Partner in KEC Ventures and is a Partner and Chief Operating Officer of HCFP, a financial advisory and investment firm.
He also:
Harvey Brofman, Investor: Mr. Brofman is a seasoned professional and entrepreneur in healthcare informatics, transaction processing, relationship marketing and healthcare IT. He has been a pioneer in the development and adoption of new systems technology in the medical, pharmacy, pharmaceutical and pay or components of the healthcare industry. His specialties include IT systems development and integration, User Interface and User Experience focused multi-point, and multi- touch integrated solutions combining on and off-line tactical strategies.
He also served as:
Healthcare Presenting Companies:
Remote Medical Technologies: Real-time, high definition video collaboration and communication for pathologists, surgeons, and radiologists to make impactful time sensitive decisions.
Theragnostic Technologies: A next-generation MRI contrast agent uniquely safe for kidney patients with superior image quality, longest imaging time window, and novel nano-based multi-functionality.
Soteria: The developer of Oxxy/Gen, the world's first affordable, oxygen generating, personal escape respirator.
High Pressure Processing: A natural alternative using pressurized water to purify a wide range of food products compatible with consumer demands for natural, fresh, safe and ready to eat foods and beverages.
Neural Tourniquet: An innovative procedure to apply electrical stimulation to the vagus nerve to reduce bleeding during surgery.
LICA is hosting the Healthcare Capital Forum on Friday, January 22, 2015 from 8:00 a.m. to 11:00 a.m. at 68 South Service Road, Melville, NY, 11747. 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 emerging medical technology, life science and medical device companies.
About Long Island Capital Alliance
Since 1984, the Long Island Capital Alliance (www.licapital.org), 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.
* * *
Contact:
Jordan Darrow
Darrow Associates, Inc.
631-367-1866
jdarrow@darrowir.com
Melville, NY – November 3, 2015 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the successful completion of its Technology Capital Forum held on October 23, 2015. The capital forum featured presentations by companies which have connections to the Long Island region and are building business around technologies used for communications, social media, education and productivity applications.
Five technology companies presented their businesses to an audience that included venture capital firms, investment banks, private equity firms, angel and high net worth investors. Each of the companies selected by LICA for presentation at the capital forum possesses unique intellectual properties with catalysts for growth based on highly leverageable business models. Keynote speaker David Hershberg, Chairman and Chief Executive Officer of STS Global Inc., discussed his success stories from building and monetizing technology companies, including Globecomm Systems Inc., on Long Island for more than 50 years.
“The Technology Capital Forum has proven to be an excellent networking event for both investors and the leaders of some of the areas hottest technology companies,” said Neil Kaufman, Chairman of LICA. “We are delighted to be playing a crucial role in the helping these companies realize their capital raising potential as well as facilitating business development relationships that collectively should help drive the Long Island economy.”
Commenting on the event, David A. Palmieri, Co-Founder of presenting company URBNEYE, said: “Thank you for giving URBNEYE the opportunity to present at LICA's Capital Forum, it was a great experience for us. The conversation was inspiring and extremely valuable for us going forward. I am sure the other companies that presented feel the same way. We greatly appreciate your help in preparing us for the event and were happy to see that your hard work was a success.”
“Thank you for your hard work in putting this event together. We have already received several e-mails asking for follow up meetings,” said Anita D’Amico, CEO of Code Dx, a presenter at the capital forum.
Michael Sher, Co-Founder of presenting company Centrallo, noted, “The forum was extremely well organized and it gave me the opportunity to sharpen my investor deck. George [Likourezos, a LICA sponsor, Board member, and Partner at the intellectual property law firm of Carter, DeLuca, Farrell & Schmidt LLP] has been incredibly helpful in making introductions. From a networking perspective we made some good connections; I met some professionals that I will most definitely be doing business with in the future.”
Technology Capital Forum Presenting Companies
Centrallo: Has developed a cross-platform productivity app that helps people be better organized and in control of personal and business information. The company’s initial app has been launched in more than 100 countries to enable users to store, organize, retrieve and share information.
Code DX®: Based in Northport, NY, provides a software tool that consolidates and normalizes software vulnerabilities detected by multiple code analysis tools. Its visual analytics help to triage and prioritize software vulnerabilities for efficient remediation. It was designed and developed to address the security needs of software developers, security analysts, security auditors and CISOs.
URBNEYE: Based in New York, NY, is a mobile application that delivers real-time visual access that allows users to gauge the scene, ambiance and demographic of public locations directly from mobile devices.
POEM Technology, LLC: Based in Huntington, NY, provides wireless sensor technology for use by commercial and consumer through integration with IoT (Internet of things) devices and installations. The company’s name is derived from the sensors manufactured which are Points Of Entry Monitors that leverage Internet access to streamline operations and increase efficiency.
Buncee LLC: Based in Calverton, NY, provides fun and easy to use web-based tools for creation and presentation of digital and multimedia content that helps students and educators across the world create and learn, both within and outside of the classroom.
Technology Capital Forum Panel of Investors
The following investment professionals participated in the panel discussion at the Technology Capital Forum:
Mark Elenowitz: Mr. Elenowitz is the CEO of TriPoint Global Equities, LLC and BANQ®, a leading electronic broker-dealer. He integrates a successful entrepreneurial background with extensive financial services and capital markets experience to advise clients on financings and acquisitions. Mr. Elenowitz is also Managing Director of TriPoint Capital Advisors, LLC. He is the recipient of several entrepreneurial awards and has been profiled in BusinessWeek and on CNBC.
Evan Greenberg: Mr. Greenberg is the founder and lead portfolio manager at LegendCap Funds LLC. He advises public and private firms on growth strategy, financing, and investor communications, helping them develop into larger, more successful firms. In addition, he has many years of experience advising companies on leveraged recapitalizations and management-led buyouts. A Long Islander his entire life, Mr. Greenberg began his professional career on Wall Street as a financial advisor. Following a tenure of substantial returns for his clients, he founded a small-cap oriented hedge fund to manage client assets on a discretionary basis. After selling the fund, he started LegendCap to both advise early stage companies and manage a fund that invests in public and private companies operating in growth sectors of the economy.
Tim Foster: Mr. Foster currently focuses on the metro New York market for LLR Partners, a firm that manages capital for and invests in private companies. He sources and evaluates new investment opportunities for LLR and potential acquisitions for portfolio companies. Prior to LLR, he worked for KPMG, where he was a Business Development Director responsible for building relationships with investors, business owners and service providers in the Mid-Atlantic and Northeast. With a B.S from University of Pennsylvania, he previously served as Business Development Manager for Edison Ventures.
Next LICA Capital Forum
LICA is hosting a Healthcare Capital Forum on Friday, January 15, 2016 from 8:00 a.m. to 11:00 a.m. at 68 South Service Road, Melville, NY, 11747. 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 emerging growth companies.
631-766-4528
Keynote Speaker: David Hershberg, Chairman and Chief Executive Officer of STS Global Inc., to discuss his Success Stories from Building and Monetizing Technology Companies, including Globecomm Systems Inc., on Long Island for More Than 50 Years
Melville, NY – October 8, 2015 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the presenting companies and investor panelists for its Technology Capital Forum to be held on Friday, October 23, 2015. The capital forum will feature presentations by companies which have connections to the Long Island region and are building business around technologies used for communications, social media, education and productivity applications.
At the forum, to be held on Friday, October 23, 2015, five technology companies will present to an audience that will include venture capital firms, investment banks, private equity firms, angel and high net worth investors. Each of the companies selected by LICA for presentation at the capital forum possesses unique intellectual properties with catalysts for growth based on highly leverageable business models. A panel of technology investment professionals will be on hand to review the presentations and offer their insights on the commercial viability and prospects for market success.
Technology Capital Forum on October 23, 2015 -- Participants
Mr. David Hershberg is the founder, Chief Executive Officer and Chairman of the Board of STS Global Inc., a communications systems design and engineering firm with expertise in satellite earth stations and network design, broadcast engineering, IP-based network engineering and network management located at the Center of Excellence in Wireless and Information Technologies at Stony Brook University. Prior to starting STS, Mr. Hershberg sold Globecomm Systems Inc., a Nasdaq-listed company which he founded in 1994 and of which he was CEO for 19 years, for $340 million to a private equity firm in December 2013. Previously, he was CEO of Satellite Transmission Systems, a company he founded in 1976 that was sold for $120 Million when he left in 1994. Both companies employed over 400 people.
Panel of Investors
The following investment professionals will participate in the investor panel at the Technology Capital Forum:
Technology Companies to be Presented
LICA is hosting the Technology Capital Forum on Friday, October 23, 2015 from 8:00 a.m. to 11:00 a.m. at 68 South Service Road, Melville, NY, 11747. 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 emerging technologies.
Melville, NY – August 18, 2015 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the successful completion of its Clean Energy Capital Forum held on July 23, 2015. The capital forum was held in collaboration with Stony Brook University’s Clean Energy Business Incubator Program (CEBIP), and featured presentations by clean technology companies from CEBIP or which have other connections to the Long Island region.
Six clean energy companies presented their businesses to an audience that included venture capital firms, investment banks, private equity firms, angel and high net worth investors. Each of the companies selected by LICA for presentation at the capital forum possesses unique intellectual properties with catalysts for transforming the energy efficiency marketplace. Keynote speaker Larry Dinkin, a Long Island native, discussed his success story in Founding, building and selling a retail food products business which led to him becoming lead investor in waste-to-energy pioneer InEnTec Inc. David Hamilton, Executive Director of CEBIP, also gave a keynote address, and he described the important role being played by his organization in creating a regional powerhouse for new forms of renewable and environmentally friendly power.
“The Green Energy Capital Forum showcased extraordinary technologies being brought to market through incubation programs and direct private funding,” said Neil Kaufman, Chairman of LICA. “In addition to entertaining and engaging keynote addresses, we were joined by a panel of clean technology investment professionals who were on hand to review the presenting company presentations and offer their insights on the commercial viability and prospects for market success.”
Commenting on the event, CEBIP Executive Director David Hamilton said, "It was a great experience working with LICA to provide this outstanding event for CEBIP's Clients. Our goal is to work closely with our Clients to develop strong strategic plans to ensure the best possible chance of achieving commercialization. The opportunity for these CEBIP Clients to present at this LICA event provided them with an excellent opportunity to meet Long Island business leaders and clean energy investors, as well as to hone their public speaking skills."
Clean Energy Capital Forum Presenting Companies
Bonded Energy: Lower cost, customizable steam heat technology through real control for every steam radiator.
Brimes Energy: Captures the constant movement of ocean waves and converts it into usable energy.
InEnTec: World leader in advanced systems for waste gasification.
Monolayer Technologies: Cost effective production of platinum monolayer catalysts to improve performance and reduce cost of hydrogen fuel cells.
ThermoLift, Inc.: The Ultimate Heat Pump combines natural gas air-conditioner and heating technology to reduce building HVAC costs by 30-50%.
Triglia Technologies: Combined Microwave and RF drying machine for the lumber industry that will drastically reduce energy and time required to dry wood.
Clean Energy Capital Forum Panel of Investors
The following investment professionals participated in the panel discussion at the Clean Energy Capital Forum:
Gabriel Kra: Managing Director for Prelude Ventures, oversees Prelude's investments in alternative energy and cleantech companies. Gabriel currently sits on the Board of Directors of Renew Financial, PLANT PV, Sense Labs, and Project Frog and is active or a board observer with Prelude’s investments in Suniva, Yerdle, Citrine, and QuantumScape. Prior to founding Prelude, Gabriel was an investment banker with Deutsche Bank in its solar and semiconductor group in San Francisco. Previously, Gabriel held positions in 3 venture-backed telecommunications and semiconductor startups. Gabriel holds MBAs from the Haas School of Business and Columbia Business School, a master’s degree in atmospheric chemistry from SUNY Stony Brook, and a BA in Philosophy from Columbia College.
Michael Lustig: Recently retired from a 25+ year career on Wall Street, primarily at BlackRock where he led Structured Products & Derivatives trading. He now devotes his time to philanthropy and Impact Investing, including an active Board of Directors seat at GigaWatt Global, which recently grid-connected the first industrial-sized solar field in all of East Africa (Rwanda). Michael chairs a Task Force at UJA-Federation of NY (the largest local philanthropy) focusing on Impact Investing, and is overseeing their investments in this area.
Ken Greene: Founder of Jericho Capital, which invests in public and private technology companies. He also is Chairman of Caliber Technologies, an office supply company with a social mission of supporting the U.S. military personnel; a director of Broadlook Technologies, a search engine automation company for sales, marketing and HR professionals, and a director of RingLead, a data quality company. In addition, Mr. Greene is a mentor at Launch Pad Long Island, a business accelerator, and LI Tech Comets, a start-up and tech incubator.
LICA is hosting a Technology Capital Forum on Friday, October 23, 2015 from 8:00 a.m. to 11:00 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 emerging growth companies.
For more information about the event, please contact LICA today or register.
About the Clean Energy Business Incubator Program at Stony Brook University
Funded by the New York State Energy Research and Development Agency (NYSERDA), the Clean Energy Business Incubator Program (CEBIP) at Stony Brook University has been in operation since October 2011 providing assistance and resources for developers of renewable and clean-energy technologies. Through the expertise, business acumen and technological resources of CEBIP’s management team, advisory board, researchers at Stony Brook University and other extensive partnerships, CEBIP helps bridge the gap between innovation and market with a full commitment to helping entrepreneurs develop and commercialize clean-energy technology. CEBIP provides resources for clean-energy innovators that include mentorship at various stages of entrepreneurial development, guidance for business and strategic plans, and assistance in preparing for and locating funding opportunities. CEBIP’s goal is to develop a successful clean-energy economy on Long Island, creating high-paying “cleantech” jobs and industry within Long Island and New York State.
Keynote Speakers Include:
Larry Dinkin, Long Island native, to discuss his Success Story in Founding, Building and Selling Marie Callender Retail Foods Which Led to Him Becoming Lead Investor in Waste-to-Energy Pioneer InEnTec Inc.
David Hamilton, Executive Director for the Clean Energy Business Incubator Program (CEBIP) at Stony Brook University
Melville, NY – July 15, 2015 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the presenting companies and investor panelists for its Clean Energy Capital Forum to be held on Thursday, July 23, 2015. The capital forum is being held in collaboration with Stony Brook University’s Clean Energy Business Incubator Program (CEBIP), and will feature presentations by clean technology companies from CEBIP or which have connections to the Long Island region.
At the forum, to be held on July 23, 2015, six clean energy companies will present to an audience that will include venture capital firms, investment banks, private equity firms, angel and high net worth investors. Each of the companies selected by LICA for presentation at the capital forum possesses unique intellectual properties with catalysts for transforming the energy efficiency marketplace. A panel of clean technology investment professionals will be on hand to review the presentations and offer their insights on the commercial viability and prospects for market success.
Clean Energy Capital Forum on July 23, 2015 -- Participants
Keynote Speakers
Mr. Larry Dinkin has an extensive background in business startups and management and is one of the founders and a current member of the Board of Directors of InEnTec, a presenting company at LICA’s Clean Energy Capital Forum. He has been the key individual involved in the startup of three prior successful companies. The most recent, Marie Callender Retail Foods, grew during Mr. Dinkin's tenure from a startup in 1987 with $2 million of venture capital to a business with over $160 million in annual sales in 1994, which was sold in September 1994 to Con Agra. Mr. Dinkin has received several business awards, including Long Island Entrepreneur of the Year from Inc. Magazine and a Clio Award for his Marie Callender design work. He was featured in the June 26, 1995, issue of Advertising Age magazine in the "Marketing 100" (the 100 hottest marketing successes) for the Marie Callender concept. Prior to his startup and management career, Mr. Dinkin worked as a computer consultant at Univac and at Coopers and Lybrand.
Mr. David C. Hamilton is currently the Executive Director for the Clean Energy Business Incubator Program at Stony Brook University. He has a background and experience in business development, commercialization of engineering technologies, marketing and sales, with a focus in clean energy technologies.
Mr. Hamilton started his professional career with the Long Island Lighting Company managing independent power producers on Long Island. He has been involved in the design, development and implementation of Sirius Satellite Radio's terrestrial transmitters, developing sales and marketing plans for aerospace and IT companies, managed the sales and operation of hydrogen fuel cells for Plug Power, and most recently was responsible for the commercial sales and marketing of solar power for EmPower Solar, a leading Long Island turnkey solar provider. Mr. Hamilton is a trained and certified Lean LaunchPad Educator.
Mr. Hamilton is devoted to bringing clean energy companies into the forefront of Long Island's energy consciousness. Mr. Hamilton received a BS in Electrical and Computer Engineering from Clarkson University and an MBA in Marketing from Hofstra University.
The following investment professionals will participate in the investor panel at the Clean Energy Capital Forum:
Clean Energy Companies to be Presented
LICA is hosting the Clean Energy Capital Forum on Thursday, July 23, 2015 from 8:00 a.m. to 11:00 a.m. at 68 South Service Road, Melville, NY, 11747. 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 emerging technologies.
Take a minute to view the highlights from LICA's January Technology Forum.
The Long Island Capital Alliance Showcases Healthcare Companies at Capital Forum
Save the Date: Technology Capital Forum on January 30, 2015
Melville, NY – November 20, 2014 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the successful completion of its Healthcare Capital Forum held on Friday, November 7, 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 healthcare businesses on Long Island.
Five local healthcare products and services companies presented their business plans to an audience that included venture capital firms, investment banks, private equity firms, angel and individual investors. Each of the companies LICA selected for presentation at the capital forum possesses unique intellectual properties with catalysts for significant growth.
“The market for Long Island healthcare and life science companies is improving and we are proud to help bring these companies forward at our Capital Forums,” said Neil Kaufman, Chairman of LICA. “Through our Healthcare and Biotechnology Capital Forums, we have now provided access to capital and business developments assistance for 22 companies. We are pleased with the support that the local investment community is showing to many promising businesses that leverage the LICA platform.”
“The presenters were very strong,” said David Calone, a panelist and CEO of Long Island-based venture capital and private equity firm Jove Equity Partners. “I am focused on the Long Island eco-system. It was exciting to see a number of strong Long Island companies who are continuing to grow and seek additional capital on Long Island.”
“I was very impressed by the caliber of the presenting companies and the caliber of the panel,” said fellow panelist Clayton Besch III, who also serves as Director of the Small Business Technology Investment Fund at Empire State Development. “I was anxious to meet more local investors, both Angels and professional investors, to consider co-investment with.”
Joseph Scaduto, Founder and CEO of Traverse Biosciences, commented, “We sincerely appreciated the opportunity to present at the LICA Healthcare Forum, and we compliment the organization on attracting a number of exciting bioscience companies from the region with high-quality presentations.” He added, “We are grateful for LICA’s ongoing efforts to identify and engage active members of the investment community to more seriously consider a growing deal-flow from Long Island across a range of high-technology industry sectors.”
Healthcare Capital Forum Presenting Companies
The following companies made presentations at the Long Island Capital Forum:
AdMedDev: Affiliated with Stony Brook University, AdMedDev provides advanced sensors and wireless medical electronic devices used in tracking and analyzing data associated with medical specimens. The market size for this business is estimated at $3 billion and may service over 7,500 hospital and large health care providers.
Anschel Technology: Founded in 2011, Anschel produces the SightSaver™, a patented FDA approved device for eliciting visual evoked physiological responses. There are over 2 million operations performed annually that can cause post-operative visual loss. SightSaver provides a hygienic, safe, comfortable, and effective alternative to current solutions.
PAXmed: As creator of four venture backed medical device companies, the company is a vehicle to accelerate the development of device start-ups utilizing capital efficiency strategies to enhance value creation and return on invested capital.
Symbiotic Health: Develops powerful microbiome-based therapeutics to cure and prevent infection caused by the depletion of symbiotic microbes due to antibiotics, addressing a $4.8 billion market.
Traverse Biosciences: Based out of Stony Brook University’s Center for Biotechnology, Traverse is commercializing a proprietary pipeline of drug candidates to treat inflammatory diseases and age‐related conditions affecting humans and companion animals. FDA approval is being sought for a lead drug intended to prevent canine periodontal disease.
Healthcare Capital Forum Panel of Industry Investors
The following investment professionals participated in the panel discussion at the Long Island Capital Forum:
David Calone, Jove Equity Partners: David Calone is the CEO of Jove Equity Partners, LLC, a firm that manages private equity and venture capital investments. He serves on the Board of Directors of eight privately-held companies. Mr. Calone previously served as a federal prosecutor in the U.S. Department of Justice’s Honors Program where he received a 2003 Attorney General’s Award for his work in fighting terrorism-related and corporate international crime. Mr. Calone also served as a Special Assistant Attorney General in the New York State Attorney General’s Office and was an associate at Paul Weiss Rifkind Wharton & Garrison in New York. He has a degree in economics from Princeton University and received a J.D. from Harvard Law School.
William Ho, AlephPoint Capital: William Ho founded AlephPoint Capital, a healthcare equity hedge fund, in 2014. Prior to AlephPoint, in 2010 he joined New Leaf Venture Partners, a leading healthcare venture capital fund, to launch the firm’s efforts in the public equities markets. Previously, he has held senior positions on a derivatives trading desk of ICAP plc, as an equity research analyst covering the biotechnology industry at Bank of America, and at Piper Jaffray & Co. covering the biotechnology and life-sciences tools sectors. Earlier in his career, Mr. Ho held an operational role at CuraGen Corporation, a genomics biotechnology company, where he twice restructured the company, and was an associate in the healthcare investment banking group at SG Cowen. He holds an MBA from the University of Notre Dame and a BS in Biochemistry from McMaster University in Canada.
Antony E. Pfaffle, M.D., CorMedix Inc.: Dr. Antony E. Pfaffle is Chief Scientific Officer of CorMedix, Inc., a specialty pharmaceutical company. Dr. Pfaffle is the Advisory Chief Medical Officer at ParagonRx, which creates pharmaceutical safe programs. He has been the Director of Healthcare Research at Bearing Circle Capital, L.P., an investment fund, since May 2007. He was a Managing Director at Paramount BioCapital, Inc. and Senior Vice-President of Business Development at Paramount BioSciences, LLC from December 2005 to May 2007. Dr. Pfaffle was a Principal and Founder of Black Diamond Research, an investment research company, from July 2001 to December 2005. He is an internist who practiced nephrology at New York Hospital, Lenox Hill and Memorial Sloan-Kettering, and received his M.D. degree from New York Medical College in 1989.
Clayton Besch III, Empire State Development: Clayton Besch is Director of the Small Business Technology Investment Fund (SBTIF) at Empire State Development. The SBTIF provides early stage high-tech companies throughout New York with a potential source of venture capital to promote new job creation and economic growth. Previously, Mr. Besch worked at the New York State (NYS) Department of Economic Development, where he ran the Asian Office, introducing NYS companies to sales opportunities in Japan and Korea and introducing Japanese companies to strategic opportunities in NYS. He also spent a number of years at SOFTBANK INC. as development advisor, working with SOFTBANK’s worldwide VC network, including GrandBanks Capital, Mobius Ventures and SOFTBANK Capital Partners. Mr. Besch is currently an observer on the boards of e2e Materials and Float Tech Inc. Mr. Besch holds a BS from Hamilton College in NYS, an MS from Nagasaki University and a PhD from Tokyo University.
LICA is hosting a Technology Capital Forum on Friday, January 30, 2015 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 technology companies from the Long Island and the 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 (www.licapital.org), 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.
(631) 367-1866
Melville, NY – October 16, 2014 – The Long Island Capital Alliance (“LICA”), Long Island’s leading non-profit capital formation and business development organization, today announced the presenting companies and investor panelists for its Healthcare Capital Forum to be held on Friday, November 7, 2014. The capital forum will help accelerate the growth of healthcare businesses on Long Island.
Five local healthcare products and services companies will present their business plans to an audience that will include venture capital firms, investment banks, private equity firms, angel and individual investors. Each of the companies LICA selected for presentation at the capital forum possesses unique intellectual properties with catalysts for significant growth.
Healthcare Capital Forum on November 7, 2014 – Participants
Delphine Mendez de Leon, Huron Consulting: Delphine Mendez de Leon is Managing Director of Wellspring+Stockamp for Huron Healthcare at Huron Consulting Group Inc. She has extensive healthcare experience in operations, strategic and financial planning, and business development. Since 2001, she also has been a manager at Cap Gemini Ernst & Young, Inc., a healthcare strategy transformation consulting firm, where she manages healthcare system strategy transformation, ... span of control and overhead improvement efforts, and served in various capacities with The Brooklyn Hospital Center and Long Island-based American Medical Alert Corp. Ms. Mendez de Leon holds an MBA from Columbia University School of Business and a Masters in Public Health from Columbia University School of Public Health.
Presenting Companies
LICA is hosting the Healthcare 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 healthcare products and services companies.
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
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
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.
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.
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