The Long Island BioMentor Initiative (LIBMI), brings highly qualified volunteer mentors together with motivated, early-stage bioentrepreneurs to provide actionable guidance and support as they advance their business strategy. The initiative was developed in an alliance with MIT’s successful Venture Mentor Service and employs a team mentoring approach which is guided by a statement of principles to ensure confidentiality and a conflict free environment.
The team format leverages shared expertise, provides multiple viewpoints, and builds in long-term consistency enabling entrepreneurs to make critical business decisions with as much information and foresight as possible. Mentors benefit from a shared load while getting the opportunity to interact among fellow mentors with similar passion.
The LIBMI is led by a partnership between the Center for Biotechnology and Accelerate Long Island in collaboration with Stony Brook University, Brookhaven National Laboratory, Cold Spring Harbor Laboratory, Hofstra University, and the Feinstein Institute at Northwell Health Systems with the goal of fostering an entrepreneurial ecosystem that will ultimately contribute to a vibrant bioscience cluster in the region.
The LIBMI builds upon a suite of services and resources provided by the NIH-designated Research, Evaluation, and Commercialization Hub (LI Bioscience Hub), Accelerate Long Island and the Emerging Technology Fund and the New York State Center for Advanced Technology in Medical Biotechnology.
LIBMI mentors are carefully selected based on their expertise in business formation and operations, and for their skills as advisors as well as their desire and ability to give back. Mentors’ careers represent a wide range of experience, such as founders, CEOs, chief technical officers, or executives of companies. These mentors bring a wealth of entrepreneurial experience and contacts across a broad range of industries and markets.
Chief People Officer at Clever Devices
Founder and Principal, US Pharma Services; Former Sr. Director, Forest Laboratories
Global Head of Sales & Marketing, Enzo Life Sciences, Inc.
Director, Payer Insights and Access, Pfizer
Former Executive Director of the Long Island High Tech Incubator (LIHTI), & Clean Energy Business Incubator Program (CEBIP) (Retired)
Carter, DeLuca, Farrell & Schmidt LLP
LIMBI Entrepreneur Liaison
Associate Professor of Research, Department of Pathology, Director, Developmental Therapeutics, Cancer Center and Director, Proteomics Center, Stony Brook University
President and CEO, Human Vaccines Project
Vice President of Economic Development, Hofstra University
Vice Chairman of the Board at Broad Hollow Bioscience Park at Farmingdale State College & Former Corporate VP of Engineering & Facilities at Forest Laboratories (Retired)
VP Global Quality Assurance and Regulatory Affairs, Henry Schein
Strategic Advisor and Investor;
President of Migara Ventures, LLC;
Member, New York Angels;
Retired BDO Partner and Former Executive Director of BDO Consulting
Managing Director, NW Advisors
LIBMI Mentor Liaison
Market President of Long Island, TD Bank
Independent Advisor; Board of Directors, Aceto Corp.
Executive-in-Residence, Pappas Capital
LIBMI engages bioentrepreneurs who believe that they can benefit from collaboration with highly experienced volunteers, with great depth and range of experience. LIBMI bioentrepreneurs are expected to commit to a sustained relationship with LIBMI, and to be professional, open, and responsive to the volunteer mentors who work with them. Entrepreneurs can expect frank, un-biased, and in-depth consultations with a team of highly experienced mentors over an extended period.
PRESS RELEASE: Long Island BioMentor Initiative (LIBMI) Established, Founding Mentor Training on November 18, 2016.
For further program information or to make an application, please contact Center for Biotechnology at 631-632- 8521 or firstname.lastname@example.org.