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LI Angel Network eyes innovation grant

Kenneth Adams, chief executive of Empire State Development

Photo credit: Barry Sloan | Kenneth Adams, chief executive of Empire State Development Corp., says the public is still largely unaware of the federal small business initiative. (Jan. 26, 2012)

James Bernstein

Newsday columnist James Bernstein James Bernstein

James Bernstein is a longtime business writer for Newsday.

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The Long Island Angel Network, an organization that connects investors with entrepreneurs, is to decide this week whether to apply to help the state spend part of $25 million to transfer technology from laboratories and educational institutions into businesses.

If the Angel Network decides to apply, and is selected to participate, it will be one of only four or five organizations throughout...

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