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Small business: How to attract venture capital

Last year was a pretty good year for

Photo credit: iStock | Last year was a pretty good year for Long Island companies seeking venture capital. Experts hope this year will be even better. Here are some tips on how to attract investors.

Jamie Herzlich

Newsday columnist Jamie Herzlich Jamie Herzlich

Herzlich writes the Small Business column in Newsday.

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Last year, Long Island companies snagged more than $45 million in venture capital. This year, experts expect incremental improvement but are hopeful that perhaps Long Island can build on that momentum.

"What we saw in 2011 was actually encouraging," says David Silverman, managing partner of PricewaterhouseCoopers' NY-metro emerging-company practice in Melville and Manhattan. "Every quarter...

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