Philip Rugile joins Accelerate Long Island
A digital media specialist has joined the ranks of Accelerate Long Island to aid its efforts to help local technology companies grow.
Philip Rugile is the third entrepreneur-in-residence at Accelerate. He will work as part of Accelerate Assist, a program that offers mentoring from the entrepreneurs-in-residence as well as teams of legal, financial and business professionals to advise start-up companies.
Rugile, an East Northport resident, is the co-founder of 100 Urban Entrepreneurs, a nonprofit that supports minority entrepreneurship in order to encourage economic development in urban neighborhoods. He is also the founder of MYMAG, a company that collaborates with celebrities to create personalized magazines for promotions.
Accelerate, which launched in September, is the latest step in the long effort to cultivate high-tech start-ups here. It connects local venture capital firms, companies and the region's five largest research institutions, including the Cold Spring Harbor and Brookhaven National laboratories. The organization seeks to link scientists working on marketable research with entrepreneurs who can build companies, with the end goal of creating new businesses and jobs on Long Island.
Rugile will be joining the two other entrepreneurs-in-residence who were named in January: Kevin Hesselbirg, the former chief executive of OpenLink in Uniondale, and Michael McEntee, the former senior director of corporate development at Melville-based InterDigital Communications Llc.