Accelerate Long Island is a seed-funding business accelerator that seeks to invest in early stage high technology startup companies in the form of grants. The firm prefers to invest in the information technology, life sciences, biotechnology and energy sectors. It was founded in 2011 and is headquartered in Melville, New York. The firm is a unique collaboration among LongIsland's world class research institutions and its business community to commercialize research and create an entrepreneurial ecosystem.