Nearly 20 percent of Start-Up NY participants call Long Island home, and you can search our database to see who those start-ups are.
Tax-free zones at Stony Brook University and Farmingdale State College have attracted a diverse group of technology companies that specialize in every thing from vaccines and robots to medical devices and energy.
Start-Up NY businesses pay no state and local taxes for up to 10 years. Their employees pay no state income taxes for as long as 10 years.See alsoStart-Up participants
The program has enrolled 110 companies in a little over one year. But Leslie Whatley, who runs the state initiative, said, "We have momentum and more businesses will be signing up this year."
Three local universities have tax-free zones: Stony Brook, Farmingdale State and LIU Post. Others have applied for them, she said at a recent event at Stony Brook.